· And driver pay continues to rise as competition for drivers is intense.” The turnover rate during Q2 fell to 82% at large truckload . · Driver turnover forces carriers to spend large sums recruiting and training new drivers. One industry source estimates carriers spend roughly $15, to recruit, train, and seat each new driver. With large carriers’ recent annual turnover rates fluctuating between 80% and %, high turnover rates are a major problem in an industry with relatively thin profit margins. For comparison purposes, last year, private fleets reported turnover of %, up a point and a half over the previous year’s % average turnover. Download Fleet Statistics: Truck Driver Wages Employment.
Newly Hired Driver Retention Rates Are Stabilizing – Interestingly, the Stay Days Table indicates that carrier retention rates for recently hired drivers are smoothing out. For 7-day retention rates, the range between the high and low marks for the first six months of was percentage points. Stay Metrics, now owned by Tenstreet, believes in sharing its retention knowledge to strengthen the industry. Below is our Stay Days Table and Turnover Report, updated for Q2, 20have been uncertain times for the trucking industry. These tables and insights are meant to help carriers as they look to the future so they can. And driver pay continues to rise as competition for drivers is intense.” The turnover rate during Q2 fell to 82% at large truckload carriers, the lowest level since the end of
9 de jul. de The annualized turnover rate at large truckload carriers rose to 92 percent in , while the rate at smaller truckload carriers rose to For at least the past three decades, turnover among truck drivers and the problems associated with low truck driver retention rates have been studied. 15 de abr. de According to data from the ATA – in Q3 of , the annualized turnover rate at truckload carriers with more than $30 million in annual revenue.
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