Motor Carrier Safety, Economics, and Management
The Costs of Truckload Driver Turnover
This study obtained usable data from 15 companies interviewed in an effort to analyze the full cost of truckload driver turnover. Companies ranged from 32 to 9,463 trucks, and included dry van, reefer, and flatbed carriers. Some were company driver fleets and others used owner-operators.
Included Costs
The cost of turnover was based on the costs of:
- Entry and exit administration;
- Fixed asset costs due to idle equipment;
- Profit lost due to idle equipment; and
- Other costs including safety/insurance/legal, maintenance, and productivity loss.
Recommendations
The importance of this cost to the truckload industry warrants additional companies to be included to boost the confidence in the data. It also suggests that companies look at the type of data they are keeping, and try to capture the full cost of turnover.
Final Report
Date: April 2000
Authors: Julie Rodriguez, Michael Kosir, Brenda Lantz, Gene Griffin and Janice Glatt
Completed Report: SP-146 (PDF, 309K)
For more information about this project, please e-mail julie.rodriguez@ndsu.edu.