Craig Raucher has performed leadership functions for major
transportation companies over the course of 35 years in the transportation
industry. Most recently, as the senior vice president of Total Freight
Solutions, Craig Raucher was responsible for
the company’s various means of transportation, including trucking and rail.
According to a recent Wall Street Journal
article, a shortage of truck drivers is impacting the transportation sector in
a variety of ways. The article states that driver shortages are creating issues
for smaller truck fleets and increasing reliance on rail freight.
As a large number of truck drivers from the
Baby Boomer generation retire, the article explains, there aren’t enough new
drivers joining the profession to fill open positions created by retirees. The
American Trucking Associations forecasts a shortage of 35,000 to 40,000
drivers, which poses a particular challenge for businesses with smaller truck
fleets. For many small fleets, it has become difficult to compete for drivers
with larger companies that can offer higher pay, better benefits, and bonuses.
While small truck fleets work to cope with
driver shortages, a report from the Council of Supply Chain Management
Professionals indicates that intermodal shipment, or the combination of truck
and rail freight, has increased by 4.5 percent. The report’s author notes that
the railroad industry is also raising rates in certain markets.
Source: http://craigraucher.weebly.com/blog/truck-driver-shortages-impact-the-transportation-industry
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