Demand for new truck drivers hits high gear

Trucking companies across the country are aggressively pursuing new drivers as the industry struggles with high turnover rates, tighter driving regulations and increased demand to ship cargo. Companies, which ship everything from cars and video games to raw goods and machinery, are spending more money on hiring and advertising. One Metro Detroit company has even started its own driving school to find and prepare workers for long hauls on the road.

With a national turnover rate above 90 percent, an abundance of drivers reaching retirement age and a law enacted this summer limiting the amount of time on the road to just 70 hours a week (down from 82), companies are scrambling to hire. The American Trucking Association estimates a nationwide shortage of 25,000 truck drivers, a number that could balloon to 240,000 by 2020 at the current pace. The number of people working in truck-related jobs nationwide has dropped to 6.9 million in 2011 from 7.6 million a decade before.

Bob Costello, a chief economist with the American Trucking Association, said the driver shortage began after 2009 and is a multifaceted problem. Compounding the problems is growing national demand to ship more goods by truck, according to the Department of Transportation. To read the full article, go to Demand of New Truck Drivers.