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Driver wages outpace inflation
WASHINGTON — Driver wages have not only risen but outpaced inflation for several years. The wage gains outpaced the Consumer Price Index’s measure of inflation for most years of the last decade, particularly since 2020. CDL Advantage helps trainees and CDL training programs capitalize. More info...
Read more at FleetOwner...
Widening age chasm compounds driver shortage: New IRU report
GENEVA — Here's what a lot of analysts are missing regarding the driver shortage: Demographics. Older drivers are retiring at a rate faster than replacements can be trained. So, regardless of economic ups and downs, the driver shortage will persist. To help solve this, CDL Advantage has developed special programs for younger... More info...
Read more at International Road Transport...
Recruiting next-generation drivers: A challenge made easier
MINNEAPOLIS — The next generation of truck drivers could help fill some of the driver shortage, but recruiting and retaining younger drivers won’t be easy.
CDL Advantage helps employers and schools meet the challenge by financing new driver training. The results so far... More info...
Read more at Transport Topics...
Driver shortage to exceed 160,000 by 2030
ARLINGTON, Virginia — Published reports and forecasts on driver shortages per data from the US Census Bureau and from the Bureau of Labor Statistics indicate the driver shortage will grow through 2030. Using these demographics, CDL Advantage is re-launching new programs for participating CDL training programs, schools and employers... More info...
Read more at Transport Topics...
Global truck driver shortage to double by 2028, says new IRU report
WASHINGTON — IRU’s driver report has found that over three million truck driver jobs are unfilled, or 7% of total positions, in 36 countries studied.
With the huge gap between young and old drivers growing, it will get much worse over the next five years without significant action. CDL Advantage is taking action. More info...
Read more at International Road Transport...
CDL Advantage helps you reach the truckers of tomorrow
ARLINGTON, Virginia — In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increasingly shift to a new generation of professional truck drivers. Recognizing this, CDL Advantage has unveiled a unique approach that finances training. CDL training programs, schools and employers who participate realize... More info...
Read more at Transport Topics...
Global driver shortage: CDL Advantage is solving it right in your community
GENEVA, Switz. — Last year, IRU, backed with on-the-ground information from its members, confirmed that the global driver shortage is critical:
CDL Advantage is making great impact in the domestic US by financing new CDL trainees so they can attend qualified TPR/ELDT programs nationwide... More info...
Read more at International Road Transport...
Carriers/Intermodal Look to Younger Drivers - CDL Advantage expands training financing to 18+
LONG BEACH, Calif. — The driver shortage remains a top concern for fleets, and carriers are working to attract new and younger entrants into the industry.
In response, CDL Advantage has expanded their truck driver training finance programs to include trainees 18-20 years old. More info...
Read more at Transport Topics...
Driver Pay Rose Again, ATA Survey Finds - More CDL trainees will quaify for financing
WASHINGTON, DC — Truck drivers saw their pay increase in 2021 — some significantly — according to a new study from American Trucking Associations. And that means more CDL trainees will qualify for financing, according to CDL Advantage. More info...
Read more at Transport Topics...