According to the American Trucking Association’s report, driver turnover rate in the first quarter of 2018 for major carrier companies, is at 94 percent. This rate represents an increase of 20 percent comparing to the first quarter of 2017 and 6 percent when compared to the previous quarter.
Todd Spencer, OOIDA’s president, affirms that the argument used by big fleet companies, which is that there are not enough sufficient drivers, is baseless in accordance with this high driver turnover rate. The numbers released by the FMSCA reveals that, every year, about 98,000 reinstatements and 449,000 new CDL holders are available as drivers.
Spencer considers that frequently, drivers are not well trained to operate. On top of that, the hard work, long journeys on the road, unsatisfactory payments, insufficient benefits, and self-sacrifice that drivers face in the trucking sector encourages them to quit or leave the occupation. Todd Spencer considers that this situation will not change unless drivers have a dramatic rise in their wage.