Fleet Management

Driver Turnover Spiked at Large TL Carriers Last Year

February 01, 2016

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The annualized turnover rate at large truckload carriers rose 13 points to 100% in the third quarter of 2015, the highest it has been in three years, according to Bob Costello, chief economist for the American Trucking Associatons.

However, during the same period, the turnover rate fell to 68% for smaller truckload carriers. That matched the lowest point since 2011.

“It is just one data point, so it is hard to draw any real conclusions on what is happening with turnover,” said Costello. “However, the increase in the turnover rate at large carriers matches up with what we’ve been hearing anecdotally from fleets: that the market for drivers continues to be tight.”

For the first three quarters of 2015, fleets with more than $30 million in annual revenue averaged 90% turnover which is actually down slightly from 2014’s 95% average. Small carriers have averaged a rate of 75% year to date, which was a significant drop from 90% in 2014.

Less-than-truckload fleets dipped three points to 10% in the third quarter of 2015 and averaged 10% for 2015 so far based on available statistics. This is down 1% from 2014.

“The split in the truckload turnover rates is not unusual, but may be caused by a variety and combination of factors,” said Costello. “We may likely have a clearer picture of the driver market once fourth quarter turnover figures are in so we can better analyze any possible trend.”

Comments

  1. 1. Kenny [ February 02, 2016 @ 06:40AM ]

    Driver pay sucks except for a few, more drivers killed on the job, electric logging and you have to go a PA instead of your Doctor for your physical. Why would you want this job. The Fmcsa has done nothing to address the real problems of the driver they have only assisted the ATA companies in baby setting thier drivers. There are way to many people sucking blood off the back of the driver back. As a 40 plus yr veteran of trucking I wish now I have never became a driver. That has what deregulation, The ATA companies and the Federal Goverment has done to a job that a man could be proud of and had a brotherhood feeling. It is now dead in my opinion

  2. 2. Russ [ February 02, 2016 @ 07:47AM ]

    Well I need a fancy college degree to draw a conclusion on why I left the big company to go to work for a small one. The first reason is e-logs, smaller companies are holding out in hopes of them just going away,second, there are too many college educated idiots running things and making decisions about things they have never done and know absolutely nothing about. Trucking is a job that if you've never done it you sure as hell won't know how to run it efficiently and keep drivers. Truckers only respect owners, managers and dispatchers that have been there and lived it. Dispatchers that have driven truck are 100% more efficient when it comes to keeping dead head and driver turnover to a minimum.

  3. 3. rich [ February 03, 2016 @ 10:28AM ]

    Please all drivers, just shut down, paralyze this country and tell the president to go screw himself when you are ordered to go back to work.
    We need a strong union back with violence as the negotiating tool.

 

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