There is a shortage of workers in one of the most important sectors of the U.S. economy; professional truck driving. According to the American Trucking Associations, a national trade organization, the U.S. trucking industry needs an additional 48,000 drivers to keep up with current shipping demands. With drivers being such a hot commodity, many freight carriers are left fighting for the same quality employees, which in turn has lead to big pay increases for truckers across the country.
Demand Exceeding Supply
Demand for truck drivers is up because the economy is growing and people are spending more, especially online. Whether it’s shipping online purchase orders, commercial equipment or household goods, people expect fast and safe deliveries.
Truck drivers help drive the economy in a major way, and many companies are finding out that meeting today’s growing demands won’t be cheap. The average annual salary for U.S. truck drivers is now $57,000, a 17% increase since the end of 2013, according to the National Transportation Institute. In comparison, overall U.S annual salaries only rose by 4% in that same time frame. The Wall Street Journal reported earlier this week that some companies are offering sign-on bonuses as high as $5,000.
Truck Driving Job Benefits
And it’s not just monetary benefits truck drivers are raking in these days. Many trucking companies are now offering drivers more regional positions to allow for more downtime at home; a response to calls from drivers who needed more time to take of their families.
Alex Topolse, a 34-year-old truck driver from Auburn, Maine told The Wall Street Journal that he took a job driving more local routes and a 50% raise. He says he on pace to bring home $70,000 this year.
“It was a lot better income for doing basically the same job, hauling the same product and going to the same customers,” Topolse told The Wall Street Journal. “It just made sense.”
There are a lot of valuable perks and benefits to be had for professional truck drivers, especially with demand being the highest in recent memory. Being a professional truck driver is a great way to make a living, and plus, you get to essentially be your own boss. We offer our drivers comprehensive insurance, flexible scheduling, cash incentives, bonus rewards and an all expense paid trip for our “Driver of the Year”. Not to mention, our employee tenure is among the highest in the industry.