driver turnover rate

CR England's is the highest in the industry. ..wait my bad..I'm a little dyslexic and read that as overturn rate!

 

Freight rates are a race to the bottom. Do you know any industry that wants to pay more than it absolutely has to in order to move their product to market? Trucking companies and brokers are willing to play cutthroat games in order to get business, and retain revenue instead of paying drivers higher wages.

 

He's very focused on LTL right now.

Ma'am, I probably come across like a crazed recruiter on here a lot of the time, but I really like our company and job, aside from all the little quirks.

That would honestly be the better option for MONEY and HOMETIME (notice I skipped EQUIPMENT), but everybody wants something different in this industry.

That being said - you'll still have to shop hard on your LTL choice too - there's a couple of bad actors there.

Keep reading, researching . . . . very smart.

 

Part of the difference you see between your former cooperate world and trucking with how retention is seen is due to the government subsidizing much of the training in trucking. This as lead to some companies being not much more the CDL mills as they look to get as many new drivers as possible as the cost of them are heavily subsidized.

If both you and your husband are going to be driving as a team, I would look seriously at expediting with a fleet owner leased on with FedEx Custom Critical or another one of the larger expediting companies as most of them do not have such large turnovers. Husband/Wife teams are very sought out in expediting. You can drive a straight truck with a nicer sleeper them most tractors have (many are 96” plus) as expediting is more of a LTL industry so they do not need as much cargo area.

Check at http://www.expeditersonline.com/forum/ for more information on expediting.

 

".......The turnover rate at large truckload fleets rose 2 percentage points to 99% in the second quarter (2013), the highest level since the third quarter of 2012. The turnover rate is slightly above the annual rate of 98% in 2012.
“The continued improvement in the freight economy, coupled with regulatory challenges from the changing hours-of-service rule and CSA will only serve to put a further squeeze on the market for drivers,” ATA Chief Economist Bob Costello said in a statement........."

 

A lot of good information on retention comes from the ATA. Since we are talking about training companies, if you see under 110% then you have found a good company.

You have to remember that over half of new drivers that get a CDL don't make it 6-months by choice. They just can't deal with the life for what ever reason (pay, home time, trainer, etc). Then you also lose another 30-40% because they can't do the job in a safe and compliant fashion (accidents, DOT violations, etc).

So a training company is lucky if they can keep 1 out of 5 drivers.

And the expense. Between training, insurance and recruiting; it costs a company more for a driver with less than 2-year experience than a driver with 4-year experience. Long gone are the days that a carrier can make money on the training side. It is now an expense not a profit center. It is used as a source to hire new drivers.

 

Companies receive subsidies.I know it cost a lot for drivers and more quit then they hire.If companies was so worried about the cost to train,they would keep drivers.But I do think some set drivers up to fail so they quit and hire someone else because that carrier already received subsidy money for that one driver.

 

Well don't go to CRE for training then!