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Truckers Suffer Astonishing Driver Turnover

from ASA Materials Market Digest©

On April 1, the American Trucking Association released an estimate stating demand outpaces supply by between 35,000 to 40,000 drivers, which it attributes to growing freight volumes, regulatory pressures and normal attrition. In fact, driver turnover at large truckload fleets registered 96.0 percent in last year's fourth quarter and 95.0 percent for the year as a whole. Trucking companies have responded by boosting pay and offering bonuses, but they appear to have a long way to go to convince people to take on these grueling jobs made increasingly unpleasant by more and more government regulations. Log in to MY ASA for the full story - and more - in the July installment of ASA's Materials Market Digest©. more

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