Bye-Bye Truckers....
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2019-02-10 07:00 by Karl Denninger
in Musings , 214 references Ignore this thread
Bye-Bye Truckers....
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Truck driving is big business, and people are expensive.

They're about to be, to a large degree, gone.

What's in that link is an image captured of a driverless large truck on a 650-mile haul across I-10 from Texas to California.

A driver still takes the trailer to the interstate and drops it, then the automated truck hauls it to the other end, where a driver does the last few miles.

This will basically destroy the long-haul trucking business from an employment perspective and within a few years all long-haul will be done this way.

Why?  Because there's a $60,000+/year guy no longer behind the wheel of said truck, per truck.

If you can take that long-haul drive and make it autonomous in addition to removing the single salary you also remove the issue of time-behind-wheel, which means the truck can roll 24x7 instead of either needing a second driver on board (which doubles the cost of course) or it can't be moving for the majority of a given 24 hour period.

You only making money when the vehicle is in motion, so leaving labor costs aside you're more than doubling efficiency by not having time limits invade into the picture.

This is one of the middle-class jobs that is going to be almost completely gone within the next few years; there will still be truck drivers, but they'll all be short-haul and local -- and make much less money too.

smiley

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