the future of the
trucking industry

trucking industry statistics

  • over 70% of the nation’s freight is moved by trucks annually.
  • In 2018, there were 3.5 million truck drivers.
  • In 2017, the trucking industry generated over $700 billion in economic activity.

Trucker Shortage Statistics

Companies face an estimated shortage of 60 million truck drivers.
Industry experts approximate 898,000 new drivers to be needed in the next decade.
Other industry experts dispute emergent nature of shortage, but blue-collar industries are nonetheless tight markets.

Trucker Shortage Causes

  • Industry wages are not reflective of changes in inflation and the economy.
  • Industry is populated by older, white, male workers – a shrinking demographic group.
  • Industry safety concerns dissuade potential female and LGBT drivers.

The Effects of Self-Driving Technology on the Trucking Industry

Tesla, Uber, Mercedes-Benz, and a Google subsidiary company have conducted research about or built self-driving freight trucks.

For the second year in a row, Chinese researchers have hacked and controlled the brakes of a Tesla vehicle through wi-fi and cellular connection, a potential vulnerability for self-driving trucks.

Self-Driving Vehicle Safety Statistics

  • Technology experts suggest the trucking industry could save an estimated $300 billion with the introduction of self-driving trucks.
  • Goldman Sachs predicted that the implementation of self-driving cars could cost truck drivers up to 25,000 jobs a month.
  • A high-profile pedestrian fatality was documented in Arizona, caused by an Uber driverless car.

Featured FAQ

How do I get the most money for my case?

Evidence is essential in order to get top dollar for an injury case. This means there must be proof of who was at fault for the accident and that the accident caused your injuries. Police reports and witness statements go a long way to proving fault while detailed medical records from qualified doctors (many times orthopedics or neurologists) are used to show the cause and extent of the injuries. We work to build a solid case in order to seek maximum compensation for our clients’ injuries.

Is there a benefit to being represented by a lawyer?

Most of the time in an accident injury situation, an insurance company will be your opponent. Insurance companies are very skilled at denying or minimizing injury claims – that’s how they make money. Insurance adjusters regularly deny claims that should be paid, or they offer only a small percent of the fair value of a claim. Our goal is the opposite. We develop a settlement package presenting our client’s case that often can result in our client receiving 10 to 20 times more compensation than what the insurance adjusters might offer for their injury claim. In such case, even after legal fees, our clients can net more money in their pocket. Even better, we work on a completely contingent basis, so there are no legal fees unless we are successful in collecting compensation for our clients.

Should I talk to the insurance company?

Do not talk to anyone at the insurance company. This includes their insurance adjusters and defense lawyers. Insurance companies frequently record phone conversations during which they ask leading questions designed to produce testimony that they can use to deny your case. If we are your lawyers, we will do the talking for you so you do not fall into the insurance company traps that are designed to decrease the value of your claim.

How do I pay my medical bills?

Medical bills can be paid through various manners such as health insurance, Medicare, Medicaid, Personal Injury Protection insurance funds, deferred billing, and letters of protection. Depending on all of the facts surrounding your case and the insurance companies involved, we produce a strategy that we believe will best benefit our clients. Also, even if our clients do not have access to health insurance, we can assist them with getting medical care that is paid at the end of the case – which means no upfront medical bills.

How do I collect my lost income?

Even if an injured person is not able to work after an accident, insurance company tactics are to disagree and assert that the person could work so the insurance companies can deny the claim for lost income. It is important to have a qualified doctor’s medical documentation that proves the inability to work for a certain period of time due to an injury. We work with our clients’ doctors and employers to prove the medical reason for not working and the calculation of lost earnings. This frequently results in a fight with the insurance company, but we believe that with solid evidence we are ultimately able to win the fight and collect our clients’ lost income.