The American Trucking Association reports that the turnover rate of drivers for large truckload carriers and LTL carriers went up in the 1st quarter of 2007. The 127 percent rate is the highest turnover since 2005.
The ATA started collecting data on driver turnover rates in 1995 and reported the 127% annualized rate for the first 3 months of 2007. The 6 percent increase from the last three months of 2006 showed the trucking industry ended the quarter with 1.8 percent fewer drivers than in the beginning.
For more information on the increased turnover rate of truck drivers please visit the American Trucking Association website article.
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