Driver Turnover Rate Climbs

In a report to its members, the American Trucking Assns. reported earlier this week that the rate of driver turnover for the 4th quarter of 2004 reached a new high of 136% for large truckload carriers
and 102% for smaller ones.
Carriers with more than $30 million annual revenue are considered large fleets, and while the report is quarterly, the figures represent annual turnover rates.
According to the ATA, driver turnover in the long haul market isn’t likely to improve anytime soon.