Our Blog

40% of Fleets Affected by Driver Shortage

Posted by Genie Wood on Thu, Aug 04, 2011 @ 01:29 AM

A new survey indicates that 40 percent of trucking fleets are affected by driver shortage.

According to CK Commercial Vehicle Research’s Fleet Sentiment Report, 40 percent of fleets are affected by driver shortage and another 25 percent indicate they believe the shortage of good drivers will impact their ability to grow in the future. Of those reporting an immediate concern, 75 percent need drivers to fill current vacant seats. Nearly 63 percent say the driver shortage is limiting their ability to load capacity, and 42 percent are changing the way they deploy fleets and opting for more regional and local freight opportunities instead of long haul loads.

Founder of CK Commercial Vehicle Research Chris Kemmer said freight demand for the majority of the fleets that report to the firm is in good standing.

“Some could definitely haul more if they could find good drivers,” Kemmer said. “Even for those that have a full complement of drivers now there is concern that this scarce resource will likely impact their future growth potential.”

The third quarter Fleet Sentiment Buying Index, a measurement of fleets planning to place order for power units and trailers, rose to 104.3.

Freight factoring can be done a number of ways. To learn more, please contact TBS Factoring LLC by calling 800-207-7661.