Fleet owners have a better chance at improving driver retention rates by investing in advanced logistics software to improve management tasks. Long-distance trucking is an important service for businesses in multiple industries. However, unpredictable work hours and the need to comply with a complex web of federal and state regulations often makes it difficult for shipping companies to hold onto their employees for an extended time period. Hiring is always an important issue in any extreme work environment, but the strategic use of trucking software may offer an effective way for firms to solve chronic problems.
Driver sentiment in the trucking industry has remained relatively stagnant for the last several years. However, Overdrive magazine recently cited the results of a survey from the driver retention organization Stay Metrics that found this year's cold winter weather and the introduction of new federal regulations led to no significant increase or decrease in satisfaction among employees at heavy-duty trucking businesses. Many transportation experts were expecting to have these unfavorable conditions magnify driver retention problems. While some may view these findings as good news, the lack of any noticeable change one way or another means fleet managers still have a significant amount of work to do eliminate the possibility of running into an employee shortage in the near future.
Oil and gas development increases demand for truck drivers
Growth in certain transportation-heavy sectors of the U.S. economy will likely place added pressure on distribution companies. Houston Chronicle reported on a study from IHS Global Insight that found the rapidly expanding domestic oil and gas industry will require nearly 3 million workers by 2020. That is nearly double the demand for labor in 2012, which totaled 1.7 million individuals.
The newspaper revealed that many organizations are already making efforts to attract more truck drivers. The oil and gas industry depends heavily on the a vast network of reliable ground transportation initiatives to move fuel to customers around the nation. Arleene Lloyd, director of business expansion and retention at the Odessa Chamber of Commerce in Odessa, Texas, told the publication that commercial truck drivers can now earn as much as $100,000 a year.
In addition to attractive benefits, trucking companies can also retain more employees by investing in advanced logistics software to keep better track of hours worked and thereby avoid the possibility of damaging the quality of life in the industry. With these automated tools, managers have more options at their fingertips for identifying the most efficient delivery routes and making better use of available staff members.