Is the U.S. labor market for truck drivers broken?

From the conclusion of the article:
“Econometric models of in- and outmigration of drivers support this conclusion. Drivers with higher earnings and hours in period 1 are less likely to leave driving in period 2. Those who enter driving in period 2 tend to have lower earnings and higher hours in their initial job. Perhaps most surprising, a basic model of moving between occupations shows that truck drivers have lower occupational migration than other workers with similar education levels. This suggests that, in the aggregate, the labor market for truck drivers works about as well as the labor markets for other blue-collar occupations.”

So, nothing to see here, there isn’t any shortage.
This is why wages in this industry are what they are, executives see this type of analysis, and conclude, no need for change, “they’re a dime a dozen.”
 
They have done nothing for decades. And now the revealation that suddenly all this is a problem to be spotlighted?

Well better late than never, by decades I say. This has been going on since Deregulation and maybe even before that.
 
It might....those who complained about them new-fangled trucks replacing their horse and wagons ain't around no more....those who complained about those diesel engines costing jobs are no longer here to complain. This of us who told the DOT the CDL would cause a driver shortage back then are mostly retired or dead by now. Those who warned of the ELD causing drivers to hang it up are no longer driving....SO....those who are worried about the driverless trucks coming, by the time they replace us all, those who are reading this now will be retired or dead....pretty much dead though!
 
Walmart started running little driverless boxtrucks today around Bentonville.

One must wonder who or what unloads the back cargo area where there is no driver to deliver anything.
 
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