Truck Drivers Shortage Impacting CFL
Orlando, Fla.—Central Florida is now on the spot with the nationwide drivers shortage that is impacting the manufacturers, consumers and corporations across the country.
Locally, there’s been an increase of 20% shortage in the recent years, according to Bob Costello, chief economist with the American Truckers Associations. The key factors contributing to this situation are age and demographics. Women, for example, only represent a 6% of the truck drivers workforce. Age in the other hand, is being worked with Congress to lower the minimum age to 21 years old.
The United States is currently in need of more than 60,000 truck drivers, and yes, the global pandemic has also put a strain on the need. According to industry experts, this could have a domino effect and we could see a dramatic shortage of 160 thousand truck drivers by 2028.
We all know that when demand outstrips supply prices go up, and the same thing is happening with truck drivers. Is it about to become a dream job for many? Only time will tell.
The National Tank Truck Carriers, the industry's trade group, clearly stated that somewhere between 20% to 25% of tank trucks in the fleet are parked heading into this summer due to a paucity of qualified drivers. At exactly the same time in 2019, only 10% of trucks were sitting idle for that reason. Not just any truck driver is allowed to drive a tanker truck. It requires a special certification, including a commercial driver's license, and weeks of training after being hired. While the jobs are more attractive than some long-haul trucking jobs that can keep drivers away from home for days or weeks at a time, it is strenuous, difficult work.
But driver shortage is only one more of the many challenges this industry faces on a day-to-day basis. Insurance for example, Florida owners and operators of commercial trucks can't get by with a standard commercial auto insurance policy. In addition to protecting the cargo that they carry, truckers must consider the massive physical damage that can be caused by their trucks, the potential environmental issues an accident could cause, and the expensive cost to repair their large vehicles. Discover a full-service provider of commercial insurance products, and services for trucking and commercial auto insurance. We invite you to review our programs: Truck, public transportation, and commercial specialty auto. If your company operates one or more 18 wheeler trucks, we can provide you with affordable truckers coverage for most commercial truck and tractor trailer combinations.
Contact one of our local commercial/truck insurance agents to find out what options are available for your trucking and transportation business in the Palm Bay area, and help you start saving on the protections needed to keep it always afloat. Melbourne Truck Insurance has the products and underwriting experience that meet the insurance needs of your business.
Give us a call for a FREE consultation (321) 329-5556, at Melbourne Truck Insurance.
Hector is a licensed insurance agent with vast experience as a Transportation Specialist.
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