I have a close friend who is a high level scheduler for a nationwide trucker/transport service, and he says the whole problem is a lack of drivers. He said there’s not one single reason for the shortage, but there’s no end in sight, either. He says his job has turned into a nightmare, whereby he used to have stable routes and reliable pickup points, but now everything is ad hoc, with him having to make changes to the routes almost 24/7. The one good thing, for him, is his commissions have apparently gone up. A lot.
The baby boomer early retirements have been one factor that is underestimated.
Karl Deninger has also talked about (pre-retirement but maybe a few years away) folks who have lived below their means and paid off their mortgages refusing to get the vaxx and just taking a year off to let the dust settle.
In addition the economy is much less “nimble” than it used to be—with tons of regulations at the federal, state and local level.
That makes it take longer to train new drivers, limits the types of vehicles allowed on the roads, and dozens of other obscure bureaucratic rules known only to industry insiders.
I have heard this before. What happened to the drivers?
OVER 40% of CDL license holders cannot pass the drug tests.
Smart move, voters-—YOU made marijuana legal in many states...
AFTER many years of “PARTICIPATION TROPHIES”.