DRIVER SHORTAGE * USA - Perfect storm for
* Improving Economy Squeezes Truck Driver Supply
New York,NY,USA -MoneyNews -22 Apr 2010: -- Talk of a driver shortage in the U.S. trucking industry has started to heat up, a sign that a recovery in the freight economy is well under way... The truck driver crunch is a recurring phenomenon that tends to disappear when the economy is on the slide and freight demand falls, but resurfaces as soon as volumes begin to pick up... Truck drivers and driver/sales workers make up one of the largest occupations in the United States, holding 3.2 million jobs in 2008, according to the U.S. Bureau of Labor Statistics... Demand for truck drivers tends to follow the demand for goods; as a recovering economy opens up more attractive job opportunities, carriers stand to face a severe crunch in driver supply when they begin to hire again... Recent quarterly results from freight transportation companies such as United Parcel Service, CSX Corp., JB Hunt Transport Services and Landstar System reflect improving freight demand... Also, new regulations such as the Federal Motor Carrier Safety Administration's Comprehensive Safety Analysis (CSA) 2010, to be introduced by federal regulators later this year, could affect the driver pool... The initiative aims to keep a close eye on individual driving records and carriers' overall fleet records. A carrier with a poor safety record could be suspended...
Labels: driver shortage
0 Comments:
Post a Comment
<< Home