GRAPEVINE, Texas — A stronger economy was reason to celebrate at the 76th annual convention of the Truckload Carriers Association, although industry officials cautioned that the driver shortage and concern over the nation’s lack of highway funding could curb trucking’s ability to grow and meet shippers’ demands.
Canada could experience a shortage of 25,000 to 33,000 for-hire truck drivers by 2020, disrupting not only the trucking industry but the entire Canadian economy, according to a new study released by Conference Board of Canada.
American Trucking Associations released an analysis of the truck driver shortage, concluding that while the shortage is acute and limited to the truckload sector, long-term trends could cause it to explode in the next decade.