Student Driver Placement

March 2016

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shortage" supply/demand quantifi ca- tion 2009 – "The only time I don't remem- ber the 'driver shortage' and 'under- paid drivers' being the biggest issue of conversation was 2009 and 2010, the Great Recession!" – ATBS President Todd Amen 2010 – With the impending advent of the CSA program, FTR Associ- ates estimates a current shortage of about 10,000 drivers but warns of a 124,000-driver shortfall by late 2011. 2011 – FMCSA proposes all drivers be required to use e-logs, fueling worries of a driver exodus from the industry. 2012 – Prior e-log rule thrown out in court. ATA reports a shortage of 20,000-25,000 drivers in for-hire truckload "could balloon to as much as 239,000 in 10 years." 2013 – Implementation of new limita- tions on drivers' use of the restart and a new break requirement in the hours of service rules begins. 2014 – A new e-log mandate proposal arrives early in the year, reviving concerns over driver exodus. Severe winter weather exposes tight capacity, driving up spot market rates and lead- ing to income gains for independents. New restart limits put on hold at end of the year. 2015 – Walmart's private fl eet ad- vertises $80,000-plus starting pay. TCA chairman says company drivers should earn at least $65,000. ATA esti- mates a 48,000-driver shortage by the end of the year, 175,000 by 2024. ◆ March '16 www.studentdriverplacement.com 5

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