Jay Sawyer of Glenview, IL Talks About His Observations of Trucking Industry - PowerPoint PPT Presentation

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Jay Sawyer of Glenview, IL Talks About His Observations of Trucking Industry

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Jay Sawyer of Glenview, IL has been following the trucking industry for quite some time now, trying to understand the reason behind massive truck-driver shortage. Even though it is an $80,000 job with the median trucker salary being $42,000, a lot of firms are still struggling to recruit new truck drivers. The reason, in Jay’s opinion is, the driver salaries are as much as 50% lower than what they were in the 1970s. He feels that introduction of self-driving cars would phase out around 1.8 million truck-driving jobs and save the industry an estimated $300 billion. Jay Sawyer of Glenview, IL feels autonomous vehicles would save the trucking industry billions and increase fuel efficiency. – PowerPoint PPT presentation

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Title: Jay Sawyer of Glenview, IL Talks About His Observations of Trucking Industry


1
Jay Sawyer of Glenview, IL Talks About His
Observations of Trucking Industry
2
Jays Opinion on Truck-Driver Shortage
  • Jay Sawyer of Glenview, IL has been following the
    trucking industry for quite some time now, trying
    to understand the reason behind massive
    truck-driver shortage.
  • Even though it is an 80,000 job with the median
    trucker salary being 42,000, a lot of firms are
    still struggling to recruit new truck drivers.
  • The reason, in Jays opinion is, the driver
    salaries are as much as 50 lower than what they
    were in the 1970s.

3
The Future of Self-Driving Cars
  • Jay is often asked if America's truck drivers are
    all going to be unemployed pretty soon as
    autonomous technology renders their jobs
    redundant.
  • He is quite confident that self-driving trucks
    will become the norm as early as in the next
    decade.
  • He feels that introduction of self-driving cars
    would phase out around 1.8 million truck-driving
    jobs and save the industry an estimated 300
    billion.

4
Some Statistics around Truck Drivers
  • Jay Sawyer of Glenview, IL believes that
    introduction of self-driving cars can be a
    massive issue for truck drivers.
  • The federal government has estimated that there
    are 1.8 million heavy-duty truck drivers in the
    US, though the American Trucking Associations
    estimated there are as many as 3.5 million.
  • The average driver is about 55 years of age,
    which basically leaves out the possibility for
    retraining.

5
Benefits of Autonomous Vehicles
  • Jay Sawyer of Glenview, IL feels autonomous
    vehicles would save the trucking industry
    billions and increase fuel efficiency.
  • According to a Morgan Stanley report, labor
    savings alone would cut costs 70 billion per
    year, and productivity would be up 30 because
    driverless trucks would run 24/7.
  • He wont be surprised if robots replace as many
    as 800 million workers by 2030 considering
    they've already displaced key blue-collar jobs
    across the US.

6
Thank YouJay Sawyer, Glenview IL
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