Understanding the Truck Driver Supply and Demand Gap and Its Implications for the Canadian Economy

February 22, 2013

The following is excerpted from a February 2013 report by The Conference Board of Canada.

This report quantifies the expected gap between the supply and demand for truck drivers in the for-hire trucking industry and puts this into the context of the economic importance of the industry.

Document Highlights
As a result of aging driver demographics and a growing demand for trucking services, the for-hire trucking industry can expect to face a driver supply and demand gap of nearly 25,000 drivers by 2020 in a business-as-usual scenario. If improvement in labour productivity is lower in the coming years, the gap could exceed 30,000 drivers.

This report is available in its entirety at:
http://www.conferenceboard.ca/e-library/abstract.aspx?did=5345

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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