Latest

US Trucker

News & Resources for American Truck Drivers

Economy and Parking Top ATRI's 2023 Industry Concerns

The 19th annual survey identifies macroeconomic pressures and infrastructure gaps as the primary hurdles facing fleets and drivers.

Trucking photo

Arlington, Va. — The American Transportation Research Institute (ATRI) has released its 19th annual Top Industry Issues report, identifying the national economy as the single most pressing challenge for the trucking sector. This assessment comes from a comprehensive survey of over 4,000 stakeholders, including motor carriers, drivers, and previously excluded law enforcement personnel. The report was officially unveiled during the American Trucking Associations’ Management Conference and Exhibition on October 14, 2023.

The survey results highlight a shift in priority for the industry, with economic stability overtaking fuel prices as the primary source of anxiety. Inadequate truck parking has also risen to become the second-most cited concern, marking its highest ranking in the history of the ATRI survey. This upward trend in parking issues underscores the growing tension between the need for safe rest stops and the existing infrastructure limitations. For many fleets, the combination of rising operational costs and a strained labor market has made these infrastructure and economic factors more critical than fuel volatility.

While fuel prices dropped from the top spot to third place, they remain a significant variable for budgeting. The driver shortage and compensation concerns round out the top five issues, reflecting the ongoing struggle to retain talent in a competitive market. A notable addition to the top ten list is the emergence of zero-emission vehicles, which secured the tenth spot overall and ranked seventh among motor carrier respondents. This inclusion signals the increasing impact of regulatory mandates and timelines for transitioning the national fleet to low- or zero-emission alternatives.

What This Means for Drivers

For CDL-A drivers and owner-operators, the dominance of economic concerns translates directly into pressure on freight rates and job security. The persistent lack of safe parking spots forces many OTR truck drivers to make difficult decisions about where and how long to rest, impacting both safety and schedule adherence. As fleets navigate higher costs and lower demand, individual drivers may find their compensation structures under scrutiny, making it essential for professionals to stay informed about market trends. The shift toward zero-emission vehicles also suggests that future training and equipment standards will evolve, requiring drivers to adapt to new vehicle technologies and operational protocols.

Industry Reaction

Dan Van Alstine, ATA chairman and COO of Ruan Transportation Management Systems, described the ATRI list as a thorough and accurate reflection of the challenges faced in 2023. He noted that while costs rose and demand fell, the industry had to simultaneously navigate complex workforce and regulatory issues. Van Alstine emphasized that the ATRI analysis provides more than just a list of problems; it outlines data-driven strategies that the sector can pursue to address these hurdles. The inclusion of law enforcement in the survey, representing nearly 5% of respondents, offers a new perspective on how regulatory interactions shape the daily realities of trucking companies hiring and retaining drivers.

Key Points

  • The national economy is the top industry concern, surpassing fuel prices for the first time in recent years.
  • Inadequate truck parking has reached its highest-ever ranking, now sitting at second place.
  • Zero-emission vehicles have entered the top ten list for the first time in ATRI survey history.
  • The survey included over 4,000 stakeholders, with law enforcement making up nearly 5% of the respondents.

Looking for a better trucking job? US Trucker's free job-matching service connects CDL-A drivers, OTR drivers, regional drivers, and owner-operators with 500+ top US carriers. Leave your details in the form on this page and a recruiter will call you within one business day. Trucking companies are hiring now.

Photo by Isaac Naph on Pexels

✍️
Dana Merritt
Freight market analyst and former dispatcher with 12 years at a regional flatbed carrier. Dana specializes in spot rates, load boards, and the economics of owner-operator life.