Truck driving is a complex industry. While transporting goods from point a to point b may not seem complex, there are a lot of logistics. In this video, you will learn about the trucking industry.
The trucking industry is very fragmented. Even the largest trucking companies only make up a small percentage of the market. This means that there is a lot of competition to drive down prices.
However, this also means that wages are variable. Many truck drivers will have multiple jobs in one year. They often jump around to whichever company will pay them the most per mile driven. This is one of many reasons that add to high turnover. Truck drivers also experience medical issues as a result of their sedentary career. This combination of combination and high turnover mean that truck drivers are in high demand. This is one of the largest problems for trucking companies.
Despite the negatives, truck driving does offer one promising benefit. Drivers have a mobile work environment where they are seeing a new place each day. They can see every beautiful corner of the country. Even so, truck driving companies are looking for ways to make up for the shortage of drivers. This may include autonomous trucks in the future once safety concerns are settled.
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