Battling the Driver Shortage

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By Matt Dickerson
Senior Vice President
Jones Lang LaSalle

Indianapolis-based Celadon Trucking will open a new state-of-the-art training center here in 2013 — the latest effort to stem the tide of the growing shortage of commercial truck drivers.

Celadon broke ground late last month on the $5 million facility, which will include classroom space, a cafeteria and dorm housing for students.  As one of the larger truckload carriers in the country, Celadon, like other trucking companies, is finding it increasingly difficult to hire and retain drivers in today’s competitive marketplace.

As reported by American Trucking Associations (ATA) in November 2012, the forecasted driver shortage will exceed 225,000 by 2022 if trucking companies are not successful in recruiting and retaining more drivers to the industry. The growing shortage is fed by increased freight demand moving across the country and the growing numbers of older drivers retiring over the next decade.  (Read more on this topic HERE.)

The shortage will certainly lead to increased freight costs which will in turn result in higher costs for the consumer.

The plan by Celadon, though, is one hopeful sign that the trucking industry is responding to this impending crisis with creative solutions.

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