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Driver Turnover * USA - Hits 79 Percent at Large Carriers
Truckload industry churn increases as carriers battle for drivers
The Journal of Commerce, by William B. Cassidy -Sep 30, 2011: -- Truck drivers are leaving large truckload carriers for other employers at a faster pace, but smaller competitors are keeping more drivers, a survey shows... The driver turnover rate at large carriers hit 79 percent, the highest rate since the second quarter of 2008, according to the American Trucking Associations... The annual turnover rate means 79 percent of the truck drivers employed by a large truckload carrier will leave within one year and need to be replaced... The year-over-year leap indicates the battle for truck drivers among truckload carriers is heating up, though not as quickly as it did last fall and winter... As driver pay and benefits increase, truckers tend to jump from carrier to carrier. In addition, carriers tend to focus recruitment efforts on experienced drivers... Smaller truckload carriers saw their turnover rate drop from 50 percent to 47 percent, possibly indicating a driver preference for regional trucking firms... The driver turnover rate at less-than-truckload carriers was only 6 percent...
Labels: drivers' shortage
posted by Unknown @ 3:42 PM
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