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IMPLICATIONS OF THE DRIVER SHORTAGE & INCREASING COSTS IN THE U.S. SUPPLY CHAIN PRESENTER : CHRISTINE SHERMAN. WHAT IS THE DRIVER SHORTAGE?.
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IMPLICATIONS OF THE DRIVER SHORTAGE & INCREASING COSTS IN THE U.S. SUPPLY CHAIN PRESENTER: CHRISTINE SHERMAN
WHAT IS THE DRIVER SHORTAGE? “The American Trucking Associations puts the shortage at about 30,000 drivers, but warns it could get much worse as rising freight Volumes generate demand for more drivers.”
WHAT IS THE DRIVER SHORTAGE? “More intense competition for experienced drivers with good safety records is likely to push that rate higher.”
WHAT IS CAUSING THE DRIVER SHORTAGE? New regulations are Cumbersome to drivers ECONOMIC GROWTH EXACERBATES THE DRIVER SHORTAGE DRIVER PAY IS 11.8% LOWER THAN NATIONAL WAGE AVERAGE
WHAT IS CAUSING THE DRIVER SHORTAGE? Drayage delays increase supply chain costs by $348 million per year
WHAT CAN BE DONE? cooperation TO Identify new methods & technologies truck drivers drayage companies terminal operators longshore labor chassis suppliers container lines Shippers… $ “All the money in this game eventually comes from the shipper.”
WHAT IS BEING DONE? New truck fleets Driverless trucks software & technology COMPANIES raising DRIVER wages Swift Transportation U.S. Xpress Enterprises Con-way Truckload Transport America Boyd Bros Transportation Interstate Distributor
SOURCES: • “Drayage driver shortage could threaten intermodal growth, analyst say” William B. Cassidy, Senior Editor | Sep 08, 2014 http://www.joc.com/trucking-logistics/drayage/drayage-driver-shortage-could-threaten-intermodalgrowth-analyst-says_20140908.html • “More US motor carriers raise truck driver pay, bonuses, incentives” William B. Cassidy, Senior Editor | Aug 28, 2014 http://www.joc.com/trucking-logistics/truckload-freight/more-us-motor-carriers-raise-truck-driver-pay-bonuses-incentives_20140828.html • “What’s Needed to Ease Drayage Gridlock? Cooperation” Joseph Bonney, Senior Editor, William B. Cassidy, Senior Editor | Mar 31, 2014 http://www.joc.com/trucking-logistics/drayage/what%E2%80%99s-needed-ease-drayage-gridlockcooperation_20140331.html