Driver Churn Hits 99%; Small Fleets Steady
Driver turnover rates in the second quarter showed signs of stability, but at an elevated level, rising 2 percentage points from the first quarter to 99% at large truckload fleets and remaining unchanged at 82% among smaller carriers, American Trucking Associations reported last week.
On a year-over-year basis, turnover fell 7 percentage points at fleets with $30 million or more in revenue and dropped 4 percentage points among smaller carriers. Since the beginning of 2012, turnover has averaged 99% at larger fleets and 82% among smaller carriers.
“Continued high turnover shows that the market for…