ATA reports sharp decrease in Q4 truckload driver turnover rate

While motor carriers continue to work hard to fill driver seats, data issued today by the American Trucking Associations (ATA) is showing that the efforts are showing signs of paying off more so than usual. ATA reported that the annualized turnover rate for large truckload carriers, which it defines as truckload fleets with more than $30 million in revenue for the fourth quarter of 2016 was down 10 percent compared to same timeframe in 2015 at an annualized rate of 71 percent, which it said marks its lowest rate in six years.

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