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It is rare for truck drivers to make over $100,000 a year, although some do. The average salary for team drivers is about $119K, although specialized positions like hazmat and auto haulers can earn between $95 and $150K. The average pay for a solo or regional driver is between $70,000 and $80,000. The average first-year driver makes between $55 and $70K.
There is a freight recession in the sector. For the past 28 months, shipping demand has decreased, but inventory levels are still high. Carriers are reducing big truck orders and lowering freight charges. The downturn is getting worse due to manufacturing slowdowns and trade tensions.
Burnout, low compensation, long hours, and a poor work-life balance are the main reasons why people quit. Pressure is also increased by new English language regulations. As drivers get older and fewer new hires join the workforce, high turnover is typical.
The market has been weakened by overcapacity, declining consumer demand, and uncertainties surrounding trade policies. Contract and spot pricing are low. Inventory shortages and a downturn in manufacturing worsen the problem. A prolonged downturn stopped fleet expansions.
Autonomous trucks (self-driving rigs) and electric heavy vehicles are emerging as future alternatives. The Autonomous Transfer Hub approach combines human-driven first- and last-mile portions with autonomous middle-mile movement. Infrastructure preparedness, safety, and regulation all affect adoption.
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