The driver turnover rate for truckload carriers fell in the final three months of 2017, but the rate remained 14 points higher than it was for the previous year.
With a subdued economy, high turnover at large carriers and looming regulations, there is unlikely to be a single solution to the driver shortage problem.
Whatever the reason for their discontent, the driver turnover rate for 2014 wound up at over 95%. Perhaps a newer, better mattress would help them sleep better at night or an on-board satellite TV system or a more comfortable seat?
Don't hold your breath waiting for someone or some group to come along with a way of solving trucking's labor crisis. It won't happen that way. The only real way to solve this problem is one fleet at a time.
In 2012, driver turnover at large truckload carriers averaged 98%, according to figures from the American Trucking Associations. At smaller truckload fleets turnover averaged 82%.
TCA conference offers tips for reducing driver turnover.
Low driver turnover comes with hiring right and treating them right.