News July 2017 Volume 4
Workforce and Transportation Analytics Newsletter
'Mid Positive Range' is how FTR Transportation Intelligence describes the health of the trucking sector in its just-released Trucking Conditions Index (see chart). This continues to be a theme for the sector so far this year: not great, but pretty good.
What about down the road? Continued growth over the next decade, according to the American Trucking Association's (ATA) Freight Transportation Forecast 2017, shows numbers that paint a largely positive picture for freight, with volumes projected to grow 2.8% in 2017, with 3.4% annual growth through 2023.

So who is going to move all of this freight? As a group, today's truckers are older than many other sectors and the national workforce as a whole (see chart). Driver recruitment and retention efforts are increasingly strategic and critical priorities for those in trucking.
Check out the latest report published by the Workforce & Supply Chain Analytics Team at ProDrivers about workplace stability and the costs of turnover.

Signs that wages on the lower end of the scale are starting to move up, a strong sign that the labor market continues to tighten.

A view into daily instability:
  • Transportation, child and elder care issues
  • Food, housing, health or safety insecurity
  • Lack of resources to deal with issue
  • "Agency Time" - dealing with agencies to address issues
  • Relationships trump achievement goals
  • Constant problem-solving (the unsung strength of those living with daily instability)
Keith Wisner, Vice President - Workforce & Supply Chain Analytics.