[NEW CHART] 76% of global transportation companies expect driverless trucks to become viable soon — here’s the reality

Fully understand transportation and logistics with this chart.

Transportation and Logistics Chart Transport companies expect viable autonomous trucks within the decade — that's optimistic… The lion's share (76%) of global transportation companies expect driverless trucks to become viable for road transport within the next decade, according to a global study by The International Road Transport Union. And 29% of the same companies expect autonomous trucks to be a realistic solution in the next five years. Access Full Chart Data → * This chart was taken from Business Insider Intelligence's Ultimate Transportation & Logistics Research Bundle subscribers. You can get access to this chart and other timely updates when you sign up today. Transportation companies have plenty to gain from autonomous trucks becoming viable: Half of transport companies believe that the primary benefit will be the productivity boost. Autonomous trucks can increase output by removing the physical and regulatory constraints that come with long-haul trips — for example, US truck drivers face limitations on the number hours they can drive in a given period for time. In the near future, driverless trucks could be used to complement these drivers, allowing them to switch to an autonomous mode once they hit labor limits. Automation will mitigate the industry's labor shortages, which have been driving up costs. The American Trucking Association estimates that at the end of 2017, the US trucking industry was short about 50,000 drivers, a gap that the organization projects will grow to 174,000 in 2026. The shortage has delayed shipments and driven up wages, ultimately eating into profit margins. While the potential benefits of autonomous trucks are clear, the accompanying technology and regulation still need to progress before these advantages can be felt... Subscribe risk-free to view the full analysis Here's a summary of what you'll receive when you subscribe to Business Insider Intelligence today: More than 250 immediately accessible research reports and data-sets. Dozens of new reports over the next 12 months. Insightful newsletters and charts about everything important taking place within your industry. 14-day money back guarantee period so you can access all of the above risk-free! Other chart highlights you don't want to miss Automakers need to get creative to maximize revenue from connected car data Business Insider Intelligence Connected car sales will comprise nearly… Access Full Chart Data → Tesla's record-setting quarter puts market on notice Tesla reported record quarterly delivery figures for… Access Full Chart Data → These are just a few of the charts made available to Business Insider Intelligence subscribers. To ensure that you have access, simply subscribe to Business Insider Intelligence today. You'll have instant access to hundreds of charts like these, daily briefings in eight key coverage areas, and a members-only Research Center filled with insightful reports. Or, if you'd like to learn more about our upcoming Transportation & Logistics coverage, click here to sign up for our Transportation & Logistics newsletter. Subscribe risk-free to view the full analysis Copyright © 2019 Business Insider, Inc. All rights reserved.

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