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Topic
Driving the Economy: The Essential and Undervalued Work of Truckers
Date & Time
Selected Sessions:
Mar 19, 2025 02:00 PM
Description
A career in trucking was once considered a pathway to the middle class. Yet the quality of jobs in the industry has steeply declined in recent decades. Long-haul truckers, who might spend days or weeks away from home, have seen their salaries fall by as much as half since the deregulation of the industry a half century ago, and annual turnover hovers near 100%. Short-haul truckers are frequently misclassified as independent contractors, stripping them of benefits and worker protections and burdening them with the costs of owning and operating a truck. And predatory leasing arrangements are pushed on truckers by the industry, saddling many with debt that they struggle to pay off. All of this is in spite of the fact that truckers work year-round, at all hours of the day, while exposed to hazards, to ensure that our economy keeps moving,
In recent years, a common narrative developed that there is a shortage of truck drivers. What is missing, however, is that this shortage is driven in large part by the industry’s turnover rates and the lack of good jobs that allow truckers to thrive. Today, there are nearly three times as many people with the necessary licensing and qualifications as there are trucking jobs. In addition, new developments in technology promise to upend the industry as companies embrace automation and increasingly deploy methods of surveillance.
As a key pillar of our economy and supply chain, and one of the largest occupations in the US, the job quality of workers in the trucking sector has far-reaching implications. Join the Aspen Institute Economic Opportunities Program on March 19 to explore the challenges truckers face and ideas for improving the returns for the essential work they do.