ATA officials said that the turnover rate for truckload carriers with more than $30 million in annual revenue headed up 10% to 92% on an annualized basis, while the turnover rate for smaller truckload carriers saw a 14% increase to 74%. Even with these gains, ATA observed that that average turnover rate for 2020 is lagging 2019. And less-than-truckload (LTL) saw the annualized turnover rate increase 2%, to 14%.
Source: logistics Mgmt