Nashville, IN-based transportation forecasting firm FTR Associates predicts the trucking industry will suffer a larger-than-expected shortage of 54,000 drivers by the fourth quarter of 2005
May 18, 2005
Nashville, IN-based transportation forecasting firm FTR Associates predicts the trucking industry will suffer a larger-than-expected shortage of 54,000 drivers by the fourth quarter of 2005.
FTR’s truck share of employment index for the first quarter indicated an “extremely tight” labor market for drivers. According to FTR, it appears that the current driver pool remains low as freight continues to moderately expand.
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