Driver turnover rates show potential for continued wage growth for truckers, ATA says

| April 25, 2016

The turnover rate at large truckload fleets continued to rise in the fourth quarter of 2015, according to quarterly data released April 25 by the American Trucking Association, who pegged the annualized turnover rate for large truckload fleets at 102 percent in the quarter.

2015’s fourth quarter was the second straight in which turnover at large fleets was at 100-plus, the first time since 2012.

Trucker pay has plummeted in the last 30 years, analyst says

Here's how much truck operators would have made on average last year had trucker pay kept up with inflation since 1980.

ATA Chief Economist Bob Costello said the turnover will continue to put upward pressure on truck driver pay. “The rising turnover rate, coupled with anecdotal reports from carriers, shows what a premium there is on experienced, safe drivers,” said ATA Chief Economist Bob Costello. “And those drivers have and will continue to benefit from rising wages and benefits.”

Turnover rate at small truckload carriers also rose, climbing 21 points from the third quarter to 89 percent. ATA sets the cutoff for small and large carriers at $30 million in annual revenue.


The turnover rate at less-than-truckload carriers rose one point to 11% in the final quarter, and averaged 11% for all of 2015.

2015 income: Owner-ops break $60K for first time, adding miles as slow-freight pressures mount

For the first in the 13 years ATBS has been tracking income data, owner-operator clients broke $60,000 in net income in 2015. The 2015 $61,167 ...

There are 6 comments

Your email address will not be published. Required fields are marked *