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5 Reasons Why the Trucking Industry Is Preparing for Major Growth

Travel & Leisure

The trucking industry is poised for rapid growth in the coming years. There are a variety of reasons for this, but there are five key reasons that most experts point to. Here are the top five reasons that the trucking industry is preparing for major growth in the near future.

The Bounce Back of the Economy

1. The horrible worldwide recession that was experienced in the first decade of the 21st century is finally showing signs that it is nearing its end. There has been a steady upward rise in a number of factors that the experts use to keep an eye on the health of the economy, and this means that there will soon be a lot more capital floating around in the country. That means that many more goods will be produced and sold. These goods will need truck drivers to haul them around the country. Truckers will soon start to see an upswing in the number of job ads they find in the trucker classifieds.

2. A Shortage of Drivers

Even though there will soon be more jobs advertised in trucker classifieds, there will not be enough truck drivers to fill them. There is currently a shortage of qualified truck drivers in the country. This means that there will be steady growth for people who are looking to get into the trucking industry. It will also mean a rise in wages for experienced truck drivers who have proven their worth over the years.

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3. Instructors Needed

Because of the forecasted economic growth, there will be a big demand in the coming years for experienced truck drivers to pass on their wisdom to a new generation of truckers. These will be good-paying positions that will offer job security and a good quality of life for truck drivers who wish to help educate the hordes of new drivers who will be entering the industry in the coming years.

4, Shrinking of Rail Services

Even while the experts are predicting a growth in the economy and a bright future for goods sold, the avenues to transport these goods are shrinking. There has been a major decline in the railroad industry over the last few decades, which means that the amount of goods being shipped by truck will continue to rise. Excellent opportunities for the growth of the trucking industry will keep coming as the railroad transportation options continue to shrink.

5. Growth of Roads

Another reason that the trucking industry will continue to grow over the coming years is the increase in the number of roads in the country. These added roads will allow more trucks than ever before to get around the country, allowing the trucking industry to increase its footprint.

Comments on this Article: 2

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  1. Michael says:

    The “driver shortage” is a myth. If in fact the was such a thing then the value of a driver would have gone through the roof like the cost of hay, corn and soybeans. Instead driver pay has been stagnant for years.

  2. David says:

    ‘driver shortage’ is not a myth. Ontario has been short 50,000 drivers for the last 15 years, new Canadians find the job prospect in the trucking industry very open. Problem 1) new Canadians drive the price of a driver down by doing more for less. Problem 2) who wants to work in and around the GTA problem 3) the hours, give a person a 50,000 dollar a year job working 40 hours per week and he is doing fine, give the same pay to a person expected to work 60 hours – not so fine. 24.00 per hour is much nicer looking than 16.00. The trucking world shot themself in the foot when the first company said ‘hey lets offer a discount off our tariff, that will make us money.’

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