Journal of Commerce (Aug 2012):
Is today’s shortage truly a demographic lack of available qualified drivers, or is it a market shortage created by comparatively low pay and unsatisfactory working conditions?
How will federal regulations governing licensing, medical testing, safety enforcement and how long drivers may work affect demand and supply? Unless trucking companies, logistics providers and shippers work together to finally resolve trucking’s driver problem, transportation and logistics costs will rise substantially, and supply chains will be put at risk.
Full Report: Journal of Commerce (subscription required)