The Most In-Demand trucking Types in 2023
In the modern world, the trucking industry plays a vital role, offering necessary services for businesses of all sizes. The industry is responsible for the delivery of goods safely across the nation and handles more cargo than any other form of transportation.
However, the shortage of drivers has significantly impacted the industry’s performance and is expected to worsen in the coming years.
Long-Haul vs short-Haul Trucking
There are two main types of trucking: long-haul and short-haul. Long-haul trucking requires long distances, whereas short-haul trucking is primarily for local deliveries, usually staying within 100 miles. Despite the varying requirements, there is a significant shortage of long-haul truckers, with the American Trucking associations (ATA) reporting a shortage of between 3, 00,000 and 5, 00,000 in the United States alone. This shortage isn’t confined to the U.S. but is also reported in Europe and Asia, where up to 20% of truck driving positions went unified last year.
The Lucrativeness of Team Truck Driving
Team truck driving jobs have become lucrative with a high earning potential. Teams of truck drivers are able to earn over $100,000 per year and can travel all over the country. Many companies offer generous sign-on bonuses, making the profession attractive for many potential drivers.
Moreover, trucking allows drivers to explore the local areas they’re passing through, potentially visiting every state in the country.
The High Wage of Specialty Drivers
Specialty drivers who haul hazardous materials and oversized loads have to pay extra attention to details to ensure the safety of cargo and other drivers. These drivers can also earn a higher wage due to the added responsibilities and need to comply with local laws and regulations, such as the HAZMAT endorsement. Despite the high level of concentration required for such jobs, these drivers can earn up to $150,000 per year, making it one of the most lucrative trucking jobs.
Amazon Trucking Jobs
Amazon provides another lucrative opportunity for truck drivers, offering salaries that can range from $35,500 to $59,000 per years, depending on the route and skill set of the driver. Moreover, Amazon typically reimburses its drivers for fuel, towing, and driver expenses, and requires that drivers have employer liability insurance and workers’ compensation insurance, making it a comprehensive and secure job opportunity in the trucking industry.
Challenges in the Industry
Despite the opportunities, there are challenges in the industry. The cost of labor is a significant portion of a truck’s operating costs, and companies must provide competitive wages and benefits to attract and retain employees. Furthermore, a shortage of drivers is the number one cause of company closures, with 640 trucking company closures reported in the first half of 2019 alone. The softer freight market, trade tensions, and driver shortages are all contributing factors to the challenges faced by the industry.
Conclusion
In 2023, the trucking industry continues to be essential to the global supply chain, despite facing significant challenges.
In terms of demand, long-haul trucking, team truck driving, specialty driving, and trucking jobs with Amazon lead the way, offering high wages and attractive benefits. However, the industry grapples with a substantial shortage of drivers, leading to a high demand for qualified drivers across all types of trucking.
As such, it's a lucrative time for individuals considering a career in trucking, with numerous opportunities available, each with their unique benefits and challenges.
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