Long-haul driver turnover surged to a record high in the
fourth quarter of last year, according to a report from the ATA.
ATA’s Economics Group said in its Trucking Activity Report
that both small and large truckload carriers saw their turnover rates rise to
record highs, with large companies reaching an annualized rate of 136 percent
and smaller ones reaching 102 percent.
And with a driver shortage in the long-haul market
continuing, it is unlikely the turnover rates will improve anytime soon, ATA
officials said in a press release.
Large truckload companies are defined in the ATA report as
those with more than $30 million in annual revenue.
The report also said that truckload loads jumped 8.6 percent
in January, the largest month-to-month gain in several years.
Less-than-truckload tonnage jumped more than 12 percent in the same period, ATA