Economic storm looming over trucking industry
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- Created: Monday, 23 December 2019 10:59
- Written by David Fierro
After several years of prosperity, the trucking industry is heading for a downturn in 2020, according to industry experts.
After several years of prosperity, the trucking industry is heading for a downturn in 2020, according to industry experts.
By Dec. 16, every truck in America is expected to have an electronic logging device (ELD) in its cab to comply with a mandate from the Federal Motor Carrier Safety Administration (FMCSA).
A recent report issued by the American Transportation Research Institute (ATRI) , the trucking industry’s non-profit research arm, cited the driver shortage as the top-ranked issue facing the industry, struggling to recruit and retain qualified drivers.
Read more: ATRI report indicates truck driver shortage, HOS rules and compensation are main concerns
Truck drivers have spotted Amazon-branded truck tractors in Pennsylvania, Texas, Ohio and California in recent weeks, as the mega-corporation continues its foray into the logistics market.
Read more: Are Amazon-branded tractors a sign of the future?
This year, USDOT is launching a second pilot that would open the opportunity to all 18-20-year olds.