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TRUCK DRIVER LABOR STATISTICS
The trucking industry is experiencing a combination of growth and challenges, with a particular focus on job availability and wages.
Below are some key statistics:
Job Growth: Employment for heavy-duty and tractor-trailer truck drivers is projected to grow 5% between 2023 and 2033, with an average of 240,300 openings annually.
Wage Trends:
The median annual wage for heavy-duty and tractor-trailer truck drivers was $57,440 in May 2024.
Driver Shortage:
Despite the increase in drivers, the industry still faces a historic shortage of approximately 80,000 truck drivers, and estimates suggest it could exceed 160,000 by 2030.
Industry Contribution:
Trucking contributed the most to U.S. GDP among all freight modes in 2021, with a contribution of $389.3 billion.
Economic Impact: Trucks hauled approximately 72.6% of the nation's freight by weight in 2022, highlighting the trucking industry's crucial role in the economy.
These statistics reflect the dynamism of the trucking industry, which continually adapts to meet the demands of an ever-evolving economy.
Reasons why trucking remains a good career option in 2025:
The trucking industry is experiencing a sustained, high demand for drivers, driven by the growth of e-commerce, supply chains, and manufacturing. The American Trucking Association (ATA) projects the need for 1.1 million new drivers in the next decade to meet industry demand, according to Schneider Jobs.
Good Earning Potential:
Entry-level drivers can earn between $50,000 and $70,000 annually, with specialized positions such as hazardous materials or long-haul transport potentially exceeding $100,000 annually, according to Trukademy. Companies also offer bonuses, overtime, and other incentives to attract and retain drivers.
Evolving Work-Life Balance:
Trucking is no longer a one-size-fits-all profession. Drivers now have greater control over their routes, allowing options such as being home every night, working regional schedules with weekends off, or even choosing long-haul (OTR) jobs that allow them to travel.
Independent and Focused Work:
Many drivers appreciate the independence and focus that trucking offers. The cab becomes a personal workspace where they can enjoy their music, podcasts, or audiobooks while concentrating on the road.
Technological Advancements:
Modern trucks are equipped with technology such as GPS, electronic logging devices (ELDs), and advanced safety features, making the job easier and safer.
Factors to Consider:
Specialization:
Consider specializing in areas such as hazardous materials, flatbed, or tanker transport, as these typically generate higher wages.
Location:
Living near major transportation hubs can provide more opportunities for local and regional routes.
Safety:
Maintaining a clean driving record and complying with safety regulations is crucial for a successful career in trucking and for protecting your commercial driver's license (CDL). Industry Trends:
While the overall outlook is positive, keep in mind potential industry fluctuations, including the potential impact of tariffs and economic downturns.
Job Satisfaction:
While trucking can be rewarding, it's important to find a job that fits your lifestyle and work preferences.