Measuring the number of drivers in the system is only the tip of the iceberg. Here's a quick overview of the other factors we pay attention to when forecasting driver pressure.
- FTR is measuring 'active' class 8 drivers - there is no explicit data for this. There is data on how many registered CDL drivers there are, but that is not what we are measuring.
- The Truck Driver Pressure Index measure how close to equilibrium the market is. A zero reading indicates the right amount of active equipment/drivers for the current level of demand. When positive, it indicates that we are short of active drivers/equipment. When negative, we have an oversupply of active drivers/equipment for the current level of demand. This is impacted by freight demand, productivity, and the flow of drivers in/out of the market.