In its most recent Recruitment & Retention Survey, Driver iQ found that, by and large, fleets expect to raise truck driver wages and offer more bonuses while turnover continues to increase.
With turnover at large truckload fleets at an all-time high, Stay Metrics' latest report on driver turnover shows that a substantial portion of drivers who leave within the first 90 days may do so for reasons that are preventable.
Alabama Motor Express is finding success in cutting its driver turnover using an online test that provides a behavioral assessment to identify the best candidates.
The turnover rate at large truckload carriers increased in the first quarter of 2018, reflecting how fleets are struggling to retain and recruit new drivers as freight demand rises.
Younger drivers leave jobs within the first six months at a higher rate than their older counterparts – but it might not be as big a difference as you think.
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%.