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KSM Blog | Katz, Sapper & Miller CPA

Finding Drivers Continues to Be at the Forefront of Trucking Company Issues

Posted 8:35 PM by

Seating trucks with quality drivers continues to be one of the biggest problems for most trucking companies. The industry continues to experience a driver shortage, anywhere from 25,000 - 35,000 drivers depending on where you look. Truckload Carriers Association chairman Shepard Dunn spoke recently on the topic at the American Trucking Associations annual Management Conference.  

"Drivers are first, drivers are second, drivers are third and drivers are fourth. Shippers are fifth," he said. Raising pay to get more drivers will be a necessity if carriers are to provide the services requested of them. According to the American Transportation Research Institute’s annual report, An Analysis of the Operational Costs of Trucking, 2013 driver pay increased approximately 6% from 2012, to $0.44 cents per mile.

 

Certain carriers are going to extreme measures to ensure those seats are filled. Walmart is currently offering salaries close to $76,000 for qualified drivers, 50% higher than the national average. For qualified individuals looking for jobs in the trucking industry, now appears to be as good a time as any.

 

About the Author
Matt Gard is a manager in Katz, Sapper & Miller’s Audit and Assurance Services Department and a member of the firm's Transportation Services Group. Matt audits and reviews financial statements, and he advises clients on accounting, reporting, compliance and internal control matters.

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