When freight picks back up and fleets start to struggle to fill previously parked trucks, fleets will be constrained by their ability to hire and train new drivers, according to FTR Associates' Driver Supply Update for May.
While there are drivers looking for work, fleets have cut down their hiring and training departments so severely during the downturn that most will face the challenge of being able to process new hires, FTR says. FTR estimates that the industry's hiring ability has been cut by one third.
The Driver Supply Update consolidates and reports data affecting driver supply and is part of FTR's Freight Focus Series, a new suite of data and business strategy-orientated publications.
While there are drivers looking for work, fleets have cut down their hiring and training departments so severely during the downturn that most will face the challenge of being able to process new hires, FTR says. FTR estimates that the industry's hiring ability has been cut by one third.
The Driver Supply Update consolidates and reports data affecting driver supply and is part of FTR's Freight Focus Series, a new suite of data and business strategy-orientated publications.
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