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May 24, 2015

DRIVERS SHORTAGE * USA: Carriers are “bending over backwards” to retain drivers

* New York - Driver shortage remains sore spot across trucking spectrum


-- The chronic shortage of drivers is now affecting all segments of the trucking industry, from drayage to regional and long-haul operations, and shows no signs of abating near term – spawning a range of efforts to attract and keep workers willing to pilot commercial vehicles for a living... “However, the driver shortage is hitting the intermodal segment as well,” she said. “Trucks are a key component of every mode, from ocean shipping and rail to air cargo, because trucks handle the first and last mile” ... Still, intermodal traffic continues to grow in part because drivers are in shortest supply in the OTR segment, Joni Casey, president and CEO of the Intermodal Association of North America (IANA) stressed... One [Midwest TL] carrier executive told us "He was getting 10% rate hikes last year, whereas this year the increases are likely to be half that” ... John Larkin, managing director & head of transportation capital markets research for Stifel Nicolaus & Co., pointed out that carriers are “bending over backwards” to give drivers a large portion of those rate increases, though the Midwest-based TL carriers Stifel recently interviewed believe higher driver pay alone will not solve the ongoing shortage... Thus a broader array of driver-focused retention efforts are being more widely deployed by motor carriers, he noted... “Still, the driver recruiting and retention issue remains the number one challenge facing the industry today,” Larkin emphasized... 
(Photo: Chassis stacked waiting to shippers in the port of Long Beach)  --  NY, USA - Fleet Owner, by Sean Kilcarr - May 19, 2015


* Nevada - OMVS’s online platform to open up trucking’s labor force


--The U.S. trucking industry is facing a driver shortage and On the Move Systems, Inc. (OMVS) has developed a pioneering new "Uber for trucking" platform that could help carriers find the people they need behind the wheel... “Our innovative shared economy platform can provide a quick, effective way for truckers, recruiters and driver candidates who want to work to connect online,” said OMVS CEO Robert Wilson. “Trucking companies are facing higher costs because of increased driver turnover. Giving the companies, recruiters and drivers an app to connect them in one place will greatly increase each company's exposure in the employment marketplace and help them find candidates who will stay long-term, cutting costly turnover” ... In addition, OMVS’s platform will enable larger trucking companies to locate and contact local, independent haulers who they can contract with, making their shorter runs more efficient and cost-effective...
 Henderson, NEV, USA - BUSINESS WIRE - May 20, 2015

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