Our nations national disasters from hurricanes in the Gulf Region to floods in Texas have added to the already existing truck driver shortage problem in the United States. Additionally, the new hotly contested mandate for ELD that took effect in December of 2017 has further impacted this shortage.
Truck driver shortages likely means increased salaries and increased shipping costs for consumers and businesses. According to a report by the American Trucking Association, the driver shortage is expected to surpass 50,000 drivers and if the current trend holds, by 2026 the industry will be short 174,000 drivers. Taking into account driver turnover and retirements, this means that over the next decade almost 900,000 new drivers will be needed.
Truck driving is a rewarding profession with competitive pay and allows many owner-operators the freedom from the corporate world. It is also one of the most stable professions out there. If you’re considering becoming a truck driver and owning your own business, talk to one of our licensed agents about your interest. We can help you understand the costs of running your business as well as finding out of this field is right for you.
RIS Insurance Services works with the top truck insurance and personal lines companies in the nation. RIS was founded on three key principals: reputation, integrity and service. Today, RIS is a premier independent insurance brokerage firm having earned a reputation for integrity and exemplary service. RIS offers comprehensive solutions for truck, business and personal insurance.