* New York - Report: Trucking industry will need 890,000 new drivers in next decade
-- The trucking industry will need to hire 890,000 drivers in the next decade to replace retirees and meet rising demand, and companies are already pushing up pay to avoid falling short, according to a new study by the American Trucking Associations... The industry group estimates that trucking companies will have to bring on an additional 47,500 drivers this year to smoothly handle customers’ orders, a figure that would grow to 73,500 next year if the economy picks up speed. The labor crunch is likely to worsen in coming years because drivers tend to be older—an average age of 49, compared with 42 in the wider workforce—and the industry will see more retirements... There are about 1.6 million tractor-trailers on the road today driven by professional drivers, according to the ATA. Of the 890,000 new hires needed by 2024, 45% would replace retiring drivers and about a third will be needed to handle growing demand, the report said, with the rest necessary to replace workers who leave the business for other reasons...
(Photo: The American Trucking Associations says there are about 1.6 million tractor-trailers driven by professional drivers on the road today) -- NY, USA - The WSJ, by Brian Baskin - Oct. 6, 2015Labels: drivers' shortage
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