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More star journalism from the NY Times: "In this environment, it may be easier to say 'There is a shortage of skilled workers' than 'We aren’t paying our worke
by jtshana92 12y ago
More star journalism from the NY Times:
"In this environment, it may be easier to say 'There is a shortage of skilled workers' than 'We aren’t paying our workers enough,' even if, in economic terms, those come down to the same thing."
No, those aren't necessarily the same thing. Even if there was a surplus of licensed truck drivers to meet the new demand, it does not mean that the sole reason trucking companies don't wish to hire more workers is because it will cost too much in wages. I suspect the reason they don't hire more truckers to fill existing empty truck seats is for the following reasons:
1) Every truck runs with a huge damage liability (life insurance, lost goods, rebates to customers). A string of truck crashes from the increased volume would rapidly eat into the profits of more business.
2) Operating costs: gas, computer systems, dispatchers, parts, labor. It may be cheaper to raise prices on existing routes, and leave a few trucks empty.
Here's another snippit:
"It’s not an ideal job for everyone. There is no question that trucking is hard work, necessitating long hours and longer stretches away from family. But that’s why it is well compensated, at least in comparison to other jobs not requiring college degrees."
Nobody is paid because the job is hard and lonely. Oil workers in North Dakota aren't paid 250k a year because it's "5 times" harder than a desk job of 50k. Companies pay workers based on what the company expects its customers will pay. No matter how hard the job is, if the market doesn't want to pay higher prices to move goods via truck (which is what would happen if you rose trucker's salaries to 50k instead of 40k, for example), then the companies employing the truckers won't want to take on those higher wage costs.
So TLDR, if you feel you can run a more cost-efficient trucking company, then go fucking do it.