Anticipated Overcapacity Reduction in Trucking May Lead to Driver Shortage, Warns ACT

ShortagesHot Spots
Written By Jennifer Joslyn

According to ACT, the shedding of excess capacity in the trucking industry may result in a shortage of available drivers, potentially causing a driver shortage late this year or in the near future. The decline in employment could push freight back into the spot market, and the revocations of trucking operating authority could tighten capacity and help spot rates recover. However, the exact number of trucks taken off the road remains unclear due to the lack of specific data on fleet sizes in the revocation information provided by the Department of Transportation.

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Jennifer Joslyn
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