Young recruits desperately needed to beat global truck driver shortage
International road transport association the IRU has reiterated warnings that the global truck driver shortage has ...
GXO: EARNINGS ON THE WAYEXPD: ON THE RADARDHL: REVENUE AND OPERATING LEVERAGEDHL: TARGETING MARKET SHARE FROM DSV-SCHENKERDHL: SURCHARGES TRENDSDHL: SUPPLY CHAIN UNIT FOCUS DHL: EXPRESS VOLUMES DHL: DEMAND SURCHARGE DHL: 'COST OF CHANGE' DHL: 'FIT FOR GROWTH' FOCUSDHL: QUESTION TIMEDHL: CAREFUL ON INVESTMENTDHL: AIR CAPACITY AND RELATED COSTS DHL: DIVERSIFICATION RULESDHL: CONF CALL DAC: EARNINGS MISSDHL: RELIEF RALLYDSV: CONSENSUS SOUGHTKNIN: NEW MULTI-YEAR LOW
GXO: EARNINGS ON THE WAYEXPD: ON THE RADARDHL: REVENUE AND OPERATING LEVERAGEDHL: TARGETING MARKET SHARE FROM DSV-SCHENKERDHL: SURCHARGES TRENDSDHL: SUPPLY CHAIN UNIT FOCUS DHL: EXPRESS VOLUMES DHL: DEMAND SURCHARGE DHL: 'COST OF CHANGE' DHL: 'FIT FOR GROWTH' FOCUSDHL: QUESTION TIMEDHL: CAREFUL ON INVESTMENTDHL: AIR CAPACITY AND RELATED COSTS DHL: DIVERSIFICATION RULESDHL: CONF CALL DAC: EARNINGS MISSDHL: RELIEF RALLYDSV: CONSENSUS SOUGHTKNIN: NEW MULTI-YEAR LOW
This op-ed piece on Forbes from supply chain analyst Steve Banker suggests road freight providers tackle the growing driver shortage crisis by changing the way truckers are paid, from a per-mile/km basis to the number of hours they work, thus accounting for the time spent in traffic and waiting at depots and warehouses – one survey discovered that 77% of hauliers reported their drivers were being detained for more than two hours on at least one out of five loads. “Historically, there were good reasons why carriers were reluctant to pay for hours driven. A driver paid hourly could say there was an accident, spend a few hours at a girlfriend’s apartment and then get paid for hours u not spent working. But today, integration to smart phones or ELD/GPS devices provides robust real-time visibility.”
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