retail news in context, analysis with attitude

Bloomberg reports that “the U.S. trucker shortage is expected to more than double over the next decade as the industry struggles to replace aging drivers and recruit more women.”

According to the story, “The driver deficit swelled by more than 10,000 to 60,800 in 2018 from a year earlier, according to a study by the American Trucking Association … The ATA estimates that 160,000 driver positions will go unfilled in a decade.”

The Bloomberg story says that to lure more drivers, companies are increasing pay, targeting former military personnel, women and young people, and pushing regulators “to lower the age for commercial drivers who can cross state lines by three years to 18.”
KC's View:
Fewer drivers, fewer trucks on the road making deliveries to warehouses and stores, which means inevitable shortages with which consumers will have to grapple. This is a problem, and I have no idea how to address it effectively.