Kristen Monaco with the Bureau of Labor Statistics and Jonathan Starks, Chief Intelligence Officer for FTR, provide information about Truck Driver Shortages and what the data tells us.
From the American Transportation Research institute’s list of Top Industry Issues, published last week, the Driver Shortage once again ranked as the industry’s top concern by more than a thousand motor carriers included in the survey. One of the chronic debates in trucking is the extent - and even the very existence - of driver shortages. Kristen Monaco, associate commissioner of the Bureau of Labor Statistics and a leading researcher in truck driver dynamics, clarified some of the confusion surrounding driver availability just last month at the 2019 FTR Transportation Conference. This episode pulls audio from Kristen's presentation, but you can also download the presentation from this link: https://info.ftrintel.com/l/66642/2019-10-15/bx3lh6
In addition to Kristen Monaco’s presentation from the 2019 FTR Transportation Conference, we also wanted to add a relevant insight from the October issue of FTR’s monthly Trucking Update report. In the October Trucking Update, you will find FTR’s Truck Driver Pressure Index and more detail about the Driver Situation and FTR Driver Labor Metrics. I asked FTR’s Chief Intelligence Officer, Jonathan Starks to briefly give an overview of what that index has shown us leading up to it’s -4.55 reading in Q2 of 2019. View a complimentary sample of the October Trucking Update, showing the Driver Pressure Index, at this link: www.FTRintel.com/DriverSituation
For more key intelligence from the 2019 FTR Transportation Conference, access the full conference, or individual sessions, from the Conference Replay at this link: http://www.FTRintel.com/ConferenceReplay
Support the show