According to new data released by the American Trucking Association, trucker turnover has hit a five year high mark.
Trucker Turnover Over 100% At Large Carriers
Trucker turnover rates for the fourth quarter of 2015 were 102% at large fleets. This marks the first time since 2012 that turnover rates at large fleets have remained over 100% for two quarters in a row.
Turnover rates at smaller carriers also rose substantially — up 21 points to 89% from last quarter.
ATA: Wages And Benefits Will Continue To Increase For Reliable Drivers
The ATA says that rising turnover rates prove just how valuable reliable truck drivers really are to the carriers they work for: “The rising turnover rate, coupled with anecdotal reports from carriers, shows what a premium there is on experienced, safe drivers. And those drivers have and will continue to benefit from rising wages and benefits.”
Sources:
Dayton Business Journals
Commercial Carrier Journal