In its analysis and forecast of the U.S. commercial trucking industry, the firm Global Insight states that the country is experiencing a national shortage of commercial truck drivers.
Part of the analysis also found that while the need for commercial trucks is growing in America the amount of drivers is shrinking.
“The size of the white male population of ages 35-54 – a demographic group that currently provides over half of all truck drivers – will decline by over 3 million persons between 2004 and 2014,” the report said. The report also found that the growth of commercial truck drivers has slowed from 1.4 percent to nearly 0.5 percent because there is a shortage of properly trained drivers.
“Over the next 10 years, economic growth will give rise to a need for a 2.2 percent average annual increase in the number of long-haul heavy-duty truck drivers, or an additional 320,000 jobs overall,” the report said. “At least another 219,000 new truck drivers must be found to replace drivers currently of ages 55 and older who will retire over the next 10 years and to replace those in younger groups who will leave the occupation.”
All together, those figures mean the commercial trucking industry needs an additional 539,000 drivers, according to the report. The Truck Driver Institute’s CDL training program is helping to meet that demand for more drivers by training students to obtain their CDL and possess the skills and experience that will put them on the fast track to securing a high paying job in the growing commercial trucking industry.