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Aug 26, 2014

TRUCKERS' TURNOVER RATE * USA

* Virginia - Truck driver turnover drops but still high


Arlington,VA,USA -Truckinginfo -March 14, 2014: -- The turnover rate at large truckload carriers fell six percentage points to 91% in the fourth quarter of 2013, but held above 90% for the eighth consecutive quarter, according to new figures released by the American Trucking Associations... The decline was the second straight for the measure of churn in the driver pool, however, ATA Chief Economist Bob Costello said it continues to be elevated... For all of 2013, driver turnover averaged 96%, just below 2012’s average of 98% and well off the all-time high of 130% set in 2005... Looking ahead, Costello said he expects stronger economic growth and increased growth for the trucking industry, which in turn will put more pressure on the driver market and the driver shortage...

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