According to the TIA, a driver shortage has started to heat up- a sign that a recovery in the freight economy is well under way. The truck driver availability issue has been seen in the past but disappears when freight demand falls, but resurfaces as soon as volumes begin to pick up.
During his recent The State of Freight Webinar, FTR analyst Noël Perry predicted a shortage of about 180,000 in 2010 and 500,000 in 2011 as the recovering economy increases demand and the new regulations crimp the supply.
Truck drivers and driver/sales workers make up one of the largest occupations in the United States, holding 3.2 million jobs in 2008, according to the U.S. Bureau of Labor Statistics.
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