After many scattered rumors, today brought the official news of yet another major trucking outfit closing their doors. Celadon Group, the owners of about 3,300 tractors and 10,000 trailers announced that they would be filing for Chapter 11 Bankruptcy Protection. This brings an immediate end to the 34 year run of the Indianapolis, Indiana trucking firm. More importantly, the news of Celadon’s closure will put nearly 4,000 employees out of work.
The Department of Transportation (DOT) has delayed any rule makings based on the industry’s decision to change Hours of Service (HOS) until sometime in August.
Where would somebody look to decide what steps can be taken to increase driver safety? Is it technology that needs to be advanced in order to prevent the number of accidents? Or is it looking at the data and facts of how many truck involved accidents have occurred on our roadways? Perhaps there is a correlation between the two.
The American Trucking Associations (ATA) estimated that there are roughly 500,000 over-the-road for-hire truckload drivers in the U.S. The ATA also estimated that segment of the industry is currently over 50,000 drivers short, and that number is projected to balloon as high as 175,000 by 2026.