America’s Trucking Industry Needs Over 60-K Drivers

Trucking companies have a labor shortage, with over 60,000 open positions this year and 2X that number expected in coming years, it signals a crisis that could undermine the US economy

“Trucking is seen as a last resort if people can’t find another job,” an admissions representative at TDDS Technical Institute, an independent trucker school in Ohio. “We’re a hidden diamond for people looking for and want to work.”

We should all know that nearly every item sold in America involves a truck at some point, and the industry’s current labor shortage has the power to effect the entire economy, including uncontrolled inflation and a recession.

At TDDS, teachers say the situation is unprecedented in their experience.

“As long as you can get in and out of a truck and pass a physical, a trucking company will take a look at you now,” the job placement coordinator at TDDS.

Most trucking companies offer jobs that pay $60,000 to $70,000, with full benefits and a $4,000 signing bonus.

But the industry’s problems go deeper than rising operations costs and a labor shortage.

Trucking is 1 of the most dangerous professions in America, with over 1,000 fatalities among operators in Y 2016 according US Labor Department figures.

“It takes a special breed to be a trucker,” Rick Rathburn Jr., the owner of TDDS. “It’s a tough job.”

MAGA

  Americas., drivers, economy, jobs, shortage, truck

The following two tabs change content below.

• Bio
• Latest Posts

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

Latest posts by Paul Ebeling (see all)

• Asia: Gold, USD, Crude Oil, Stocks & Commodities - April 23, 2019
• Gold Cycle Update - April 23, 2019
• F1: Ferrari (NYSE:RACE) Heads for Baku, the 4 Big Q’s - April 22, 2019