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America’s Severe Trucker Shortage Could Undermine the Prosperous Economy

July 6, 2018

Age didn’t matter, they said. If Blocksom could get his “CDL” — commercial driver’s license — they would hire him for a $50,000 job. One even offered to pay his tuition for driver training school, but there was a catch: Blocksom had to commit to driving an 18-wheel truck all over the United States for a year.

So far, that has been too big of an ask for Blocksom, who doesn’t want to spend long stretches of time away from his wife of 60 years. “The more I think about it, it would be tough to be on the road Monday through Friday,” he said.

As the nation faces a historically low level of unemployment, trucking companies are doing what economists have said firms need to do to attract and retain workers: They’re hiking pay significantly, offering bonuses and even recruiting people they previously wouldn’t have considered.

But it’s not working. The industry reports a growing labor shortage — 63,000 open positions this year, a number expected to more than double in coming years — that could have wide-ranging impacts on the U.S. economy.

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