If you are considering a career as a truck driver, you can expect to be in high demand. There is a significant shortage of truckers on the road, and the dearth of drivers is only expected to get worse in the years to come. Not only is this shortage impacting businesses, but consumers are seeing higher prices on the store shelves as well. Here is a look at the link between truck drivers and consumer pricing.
Low numbers of drivers means high prices on the shelves.
Truck drivers play a critical role in the economy that few people realize. They are responsible for delivering every item that is bought or sold to its retail location. Without truckers, manufacturers can’t ship their products and stores can’t get them out on the shelves. This situation creates product shortages, and shortages lead to higher prices. A lack of drivers also leads to production delays, since manufacturers can’t get the raw materials that they need. As production grinds to a halt, supply falls even further behind demand, and prices increase even more.
Truck driver shortages are projected to intensify.
The shortage of drivers is only expected to get worse in the coming years. By 2022, the American Trucking Association projects a shortage of 106,245 truckers, which could have a significant impact on the pricing and availability of consumer goods. The decrease in truck drivers is linked to several factors, including mass retirements of Baby Boomer drivers, a decrease in the number of young drivers entering the industry, and new requirements for electronic monitoring equipment in trucks that are making drivers leave the business.
The trucking industry has never been more primed for new drivers. Take advantage of the demand for truckers and launch your new career as a driver with training from HDS Truck Driving Institute. Learn more about becoming a driver by calling our truck driving school in Tucson at (877) 205-2141.