How Truck Driver Performance Impacts Business Outcomes
Today, there are nearly four million professional truck drivers in the U.S., and one million of them change jobs every year. In fact, for decades, truckers have quit at alarming rates. The turnover rate was at a staggering 91 percent in 2019, which means that for every 100 people who signed up to drive, 91 walked out the door for better driving opportunities. Professional trucking driving is an extremely tight labor market, for cyclical and structural reasons. Drivers are in high demand today—a fact exacerbated by COVID. To attract and retain drivers, fleets are increasing pay and benefits, in the hopes that their drivers’ performance will deliver better results. Read on to learn how hiring and managing drivers more effectively can drastically improve business outcomes.
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July 26, 2022