ATA Reports new Turnover rate

The American Trucking Associations (ATA) reported that the "Annualized turnover rate at large U.S. truckload fleets climbed two points to 99 percent in the second quarter of 2013". 

Costs will be higher for fleets due to the changing of HOA Rule, CSA, and the turnovers will make it a tough market for qualified and experienced drivers. However, truckload fleets with less than $30 million in annual revenue has held steady at 82 percent while the less-than-truckload fleets dropped down to 6 percent (which is 3 percent lower than last year).

HOS rule overtuned

The American Trucking Association and drivers have been arguing about the recent change in the HOS regulations and it looks like the federal appeals court has decided to uphold the majority of the government’s HOS rule for truck drivers.  According to Transport Topics, there was one provision that was overturned and that was the “decision not to exempt shorthaul drivers from the new requirement that drivers take 30-minute breaks before driving more than eight hours straight.”

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Bright Days Ahead For The Trucking Industry

"On Wednesday, the American Trucking Associations released the latest edition of its U.S. Freight Forecast to 2024. Not only does it project overall freight revenue to grow to $1.3 trillion annually in 10 years, the forecast also shows the trucking industry will see its share of this revenue rise as well."

Check out the rest of the article from Trucking Unlimited below:

truckingunlimited.com