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Driver Require quoted in Financial Times

Discussing the UK LGV Driver Shortage

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Driver Require’s CEO, Kieran Smith, was interviewed by The Financial Times and was featured in an article “Exodus of EU truckers leaves UK hauliers facing acute driver shortages” published earlier this week.

The article centres on the shortage of LGV drivers due to Brexit, Covid-19 and tax reforms and warns of “a looming crisis for industrial and retail deliveries” that may lead to shortages for consumers.

The article also discusses Driver Require’s research into the driver shortage crisis which we have been investigating since 2019, culminating in the release of our new Report this week.

Kieran was quoted in the Financial Times saying ““analysis of data from the Office for National Statistics showed a “catastrophic decline” over the past 20 years in the number of qualified HGV drivers staying in an industry where nearly a third of the 300,000 drivers are over 55 and heading for retirement. “We’ve got this cohort of 150,000 drivers over 50 heading into retirement and behind that group is a severely depleted workforce. There’s not a great deal we can do in the short term except brace ourselves for impact,”.

To read the full article in the FT, click here

Click here to access our new Report “A Perfect Storm of Elevated Demand and Reduced Supply in the UK Haulage Sector”

Wednesday 12th May 2021

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