SONY DSCThe driver shortage has impacted every sector of trucking in every geographic region in the United States. The severity of the situation is showcased by the ubiquity of truck driver want ads on major internet bulletin boards and by the constant stream of commentary in trade publications.

We have engaged in countless conversations with colleagues, customers and industry experts bemoaning the myriad reasons for the driver shortage.   We blame onerous regulatory issues that didn’t exist a decade ago, or road and port congestion, or a diluted work ethic or, of course, the millennial generation seeking immediate satisfaction and gratification.

All of those reasons play into it…but it really boils down to wages.  As has been the case across the American economy, the trucking industry has been plagued with deep-rooted and long-term wage stagnation, but that scenario is changing.

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We often hear trucking is a barometer of the American economy since it experiences supply and demand market forces in advance of everyone else.  So, fasten your seat belts.  Driver wages are advancing, and rapidly.  The entire logistics industry needs to be prepared to modify their business models and strategies.   A paradigm shift in trucking wages is underway, and those who are slow to recognize it and react to it will be left behind.

 

Latest News

PORT OF OAKLAND CLOSED TODAY

The terminals in Oakland are closed today, May 1st. Traditionally, the International Longshore & Warehouse Union (ILWU) shifts its standard, third Thursday of the month, second shift, stop-work meeting to the dayside on May 1st to honor International Workers' Day....

ALL HANDS ON DECK

The Port of Oakland is bringing back free harbor tours for the summer and fall. The tours will run May through October. Click here for the full schedule, ticketing and more information. It is a great opportunity to see the supply chain in action...and it is free.

MOVING ON

We are also happy to report the lawsuit between the East Oakland Stadium Alliance (EOSA) and the Bay Conservation and Development Commission (BCDC) has been resolved in the industry's favor and reverts the Howard Terminal property back to Port Priority Use...

IN THIS CORNER, SACRAMENTO

In a zombie apocalypse (hey, people wonder), California is the third worst state to be in due to its dense population centers and low access to weapons. On a positive note, Money magazine ranks Sacramento one of the Best Places to Live based on its job market, housing...

IN THE OTHER CORNER, RENO

In a zombie apocalypse, Nevada actually ranks second from the bottom. While Reno may rank high in its availability of weapons, it's dead last in availability of food and places to hide. But, on the bright side, if you are looking for a job, Nevada is the place to be...

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