Truck driver shortage: Myth or reality? 

Trucking industry experts weighed in during a debate Wednesday at FreightWaves’ F3: Future of Freight Festival on the controversial subject of whether there is a driver shortage or a driver retention problem.

The debate, moderated by Timothy Dooner of FreightWaves’ WHAT THE TRUCK?!?, featured Lewie Pugh, executive vice president of the Owner-Operator Independent Drivers Association, and John Larkin, strategic adviser for Clarendon Capital, a private equity firm.

Pugh, representing OOIDA, a trade...

https://www.freightwaves.com/news/truck-driver-shortage-myth-or-reality

5 ways to increase driver loyalty with rewards programs

While hiring drivers is a continuous pain point for the trucking industry, keeping those drivers is arguably more important and even more difficult to accomplish.

As carriers seek ways to reduce turnover, rewards programs have become a popular way to incentivize drivers to stay. Internal rewards programs are a common way for carriers to recognize employees for hitting certain targets. As in any profession, when drivers are recognized for their hard work, they’re more likely to feel satisfaction...

https://www.freightwaves.com/news/5-ways-to-increase-driver-loyalty-with-rewards-programs

What carriers are doing to weather the storm

A collapse in volumes, an overabundance of carriers in the market and rising operational costs have tested transportation providers’ endurance. All the while, companies continue to combat deep-rooted issues that plague the industry, especially the ongoing driver shortage.

But it’s not all doom and gloom. If history and past trucking cycles tell us anything, the market will inevitably recover. Meanwhile, companies can use this time to reassess operations and make preparations that will better...

https://www.freightwaves.com/news/what-carriers-are-doing-to-weather-the-storm

Is Washington stepping up for truck drivers?

Chronic underutilization of American truck drivers — not a truck driver shortage — was the central theme of testimony by David Correll, a research scientist and lecturer at the Massachusetts Institute of Technology’s Center for Transportation and Logistics, before the House Transportation and Infrastructure Committee on Nov. 17, 2021.

Correll is co-director of the MIT FreightLab

Correll told lawmakers that based on his research team’s analysis of trucker ELDs, he estimated that American...

https://www.freightwaves.com/news/is-washington-stepping-up-for-truck-drivers

Canada devotes millions in federal funding to train, recruit new truckers

With Canada’s trucking industry facing as many as 55,000 job openings by the end of the year, the government recently announced $46 million to help train and find jobs for up to 2,600 new truckers and other industry workers.

The funding is tapped for nonprofit Trucking Human Resources Canada’s Career ExpressWay Program, with participants receiving training and on-the-job work experience to prepare them for a career in the trucking sector.

“Without truckers, groceries wouldn’t make it to the...

Tenstreet offers 1-stop shop for hassle-free hiring

Hiring is always a hot topic in trucking. The industry has struggled to keep trucks filled for years, and pandemic-fueled labor shortages have only made that task more daunting. While hiring and turnover rates are expected to reach something of an equilibrium across all industries in 2023, openings remain elevated. 

As consumer demand wanes and capacity loosens, carriers will have less money — and energy — to funnel into hiring. Finding an intuitive solution that works, regardless of market...

https://www.freightwaves.com/news/tenstreet-offers-1-stop-shop-for-hassle-free-hiring

Truck drivers included in Canada’s Express Entry program

Commercial truck driving is now one of the occupations included in Canada’s Express Entry program to recruit immigrants for high-demand sectors.

Sean Fraser, minister of Immigration, Refugees and Citizenship Canada (IRCC), announced Wednesday the implementation of the revised national occupational classification (NOC). The move opens up doors to permanent residency under the Express Entry immigration program for 16 new occupations, including health care, construction and transport jobs.

“We are...

https://www.freightwaves.com/news/truck-drivers-included-in-canadas-express-entry-program

Runaway diesel prices top trucking industry’s critical issues list

Rebecca Brewster, president and COO, ATRI

SAN DIEGO –Soaring diesel prices displaced the driver shortage after five years in the top spot in the American Transportation Research Institute’s 18th annual Critical Issues in the Trucking Industry.

“It certainly brings attention to it when it overtakes something [like driver shortage],” Rebecca Brewster, ATRI president and COO, told FreightWaves.

The independent research group that works closely with the American Trucking Associations  released its 18th annual survey Saturday during the ATA’s...

https://www.freightwaves.com/news/runaway-diesel-prices-top-trucking-industrys-critical-issues-list