The trucking industry is short 80,000 drivers, a record high, says Chris Spear, President and CEO of the American Trucking Association.
Why some say the worst of the supply chain woes are near an endThat's a 30% increase from before the pandemic, when the industry already faced a labor shortage of 61,500 drivers. "That's a pretty big spike," Spear added. Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a big role in the shortfall.
"Read MoreNorth America's biggest container port faces record backlogTruck drivers move 71% of the US economy's goods, but represent just 4% of the vehicles on the roads, said Spear. If nothing is done, the latest figures put the industry on track for a shortage of 160,000 drivers by 2030, and the need for 1,000,000 new drivers over the next ten years, according to the American Trucking Associations.
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