Turnover Rate Hits 95% At Big Trucking Companies

(Last Updated On: December 18, 2017)

 

Big motor carriers are having trouble holding onto drivers.

The pace of driver turnover at big motor carriers rose to 95 percent in the third quarter of 2017, up 14 percentage points from the same period a year earlier.

The third quarter turnover rate is up five percentage points from 90 percent in the second quarter of this year, according to the American Trucking Associations’ latest report.

Turnover at small trucking fleets — those with less than $30 million in annual revenue — increased two percentage points from 82 percent to 84 percent for the same period in 2016. However, the rate dropped one percentage point compared with the second quarter of this year.

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