Layoffs * USA - How Will Affect New Drivers?
USA -Big Rig Gigs, by Richard T./Brett R Aquila -Nov 29, 2009: -- You’ll hear from time to time about layoffs that are occurring in the trucking industry. But if you follow the news closely and you understand the industry, you’ll find that these layoffs will have little to no affect on new drivers that are entering the industry... First of all, most of the layoffs that involve the trucking industry are not driver layoffs. Many of them are office personnel, mechanics, and management... Often times the companies that are laying off drivers are doing so because two companies have merged into one, drivers that are coming out of CDL schooling and are new to the industry will not be affected... Another circumstance where drivers may be laid off is in trucking fleets that are owned by private companies - like factories... Another key point to consider is that the number one priority for trucking companies right now is to cut costs. One of the largest expenses for trucking companies is their payroll. By hiring students straight out of school instead of experienced drivers, the trucking companies are able to save a lot of money... The trucking industry is famous for its incredibly high turnover rate, which tends to average over 100% for many companies. Because of this, if a trucking company wants to downsize its fleet, all they have to do is slow down their hiring for a short time and the fleet size will shrink from turnover alone... (Photo static.panoramio)
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