Skip to content
Search AI Powered

Latest Stories

Truck driver shortage eased in 2023 in Europe and the U.S.

But IRU report predicts global shortage will double by 2028 as age gap widens

IRU Screen Shot 2023-11-20 at 11.12.20 AM.jpg

A global truck driver shortage is expected to double by 2028 as age and gender gaps continue to grow ever wider, with only 12% of drivers aged below 25 and just 6% being women, according to a report from Geneva, Switzerland-based International Road Transport Union (IRU).

IRU found that truck driver shortages increased globally in 2023, with two notable exceptions: shortages eased slightly in 2023 in Europe and the United States, due to softer transport demand as a result of inflation and tighter monetary policy limiting consumption and investment.


Without action to attract and retain drivers, over 7 million truck driver positions could be unfilled by 2028 in the surveyed countries, including 4.9 million in China (20% of total positions), 745,000 in Europe (17% of total positions), and 200,000 in Türkiye (28% of total positions). The results came from a survey of over 4,700 trucking companies in the Americas, Asia, and Europe, representing 72% of global GDP.

The condition is already impacting businesses, as at least 50% of road transport operators said they have serious problems hiring skilled drivers, in most countries studied. Many are also unable to expand their business and are losing existing clients and revenues.

“The structural issues behind truck driver shortages are continuing to impact transport services. With the rate of newcomers being significantly lower than drivers retiring every year, urgent action is needed now,” IRU Secretary General Umberto de Pretto said in a release.

“The consequences of such a shortage are already harming the communities, supply chains, and economies that depend on our industry. We cannot allow driver shortages to get any worse. Operators are doing their part, but governments and authorities need to increase efforts to improve working conditions and access to the profession,” de Pretto said.

To address the gulf, governments need to facilitate access to the profession by lowering the minimum driving age and by subsidizing qualification costs, IRU said. That’s because the “school-to-wheel” gap is a key challenge facing the industry, with the minimum driving age for international freight transport stuck between 21 and 26 in some countries. Also, high training, license, and insurance costs make it expensive to become a truck driver, the study said.

 


 
 

Recent

More Stories

undersea fiberoptic cable

U.S., U.K., and Australia boost supply chain defenses

The U.S., U.K., and Australia will strengthen supply chain resiliency by sharing data and taking joint actions under the terms of a pact signed last week, the three nations said.

The agreement creates a “Supply Chain Resilience Cooperation Group” designed to build resilience in priority supply chains and to enhance the members’ mutual ability to identify and address risks, threats, and disruptions, according to the U.K.’s Department for Business and Trade.

Keep ReadingShow less

Featured

port managers counting shipping containers

Oracle says AI drives “smart and responsive supply chains”

Artificial intelligence (AI) tools can help users build “smart and responsive supply chains” by increasing workforce productivity, expanding visibility, accelerating processes, and prioritizing the next best action to drive results, according to business software vendor Oracle.

To help reach that goal, the Texas company last week released software upgrades including user experience (UX) enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) suite.

Keep ReadingShow less
e-commerce order fulfillment platform software

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less
Earth globe with location pins

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less
Hurricane Francine threatens supply chains

Hurricane Francine threatens supply chains

Businesses were preparing to deal with the effects of the latest major storm of the 2024 hurricane season as Francine barreled toward the Gulf Coast Wednesday.

Louisiana was experiencing heavy rain and wind gusts at midday as the storm moved northeast through the Gulf and was expected to pick up speed. The state will bear the brunt of Francine’s wind, rain, and storm damage, according to forecasters at weather service provider AccuWeather.

Keep ReadingShow less