Unmasking this year’s trucking industry scares

October 31, 2024

An annually anticipated report reveals that the trucking industry’s top concern is, once again, the economy.

Earlier this month, the American Transportation Research Institute (ATRI) released its twentieth Top Industry Issues report. This yearly report identifies the trucking industry’s top concerns, offering insights on how to address those concerns moving forward.

Overall results

According to the report, the greatest industry concerns across all participants include:

  1. The economy
  2. Lack of available truck parking
  3. Lawsuit abuse reform
  4. Insurance cost and availability
  5. Driver compensation
  6. Battery-electric vehicles

The largest climb in ranking from last year's report was insurance cost and availability, which rose eight spots to the number four position. Battery-electric vehicle concerns also rose up four spots from last year because of the upcoming push to transition to electric fleets nationwide.

Truck driver responses

The top three concerns for drivers:

  1. Truck parking
  2. Driver compensation
  3. The economy

Motor carrier responses

The top three concerns for motor carriers:

  1. The economy
  2. Lawsuit abuse reform
  3. Driver shortages

Who was involved?

Over 3,700 trucking industry stakeholders participated in this year’s survey, including:

  • Motor carrier executives and personnel (45 percent);
  • Truck drivers (31 percent); and
  • Industry suppliers, driver trainers, law enforcement, and more (24 percent).

Find the full report at https://truckingresearch.org/2024/10/critical-issue-in-the-trucking-industry-2024/.

Publish Date

October 31, 2024

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Industry News

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