In The News
Is It Overtime for Company-Driver Overtime Pay?
A joint op-ed published in CNN Business by Transportation and Labor Secretaries Pete Buttigieg and Marty Walsh in June acknowledged a core issue impacting the availability of capacity in truckload -- not recruiting, but retention. Among large carriers "driver turnover rates for long haul drivers are over 90%," the pair wrote about a dynamic quite familiar to Overdrive readers. For smaller carriers, they asserted, "it’s not much better, 72%. In the long haul sector, drivers are regularly leaving companies or leaving the industry altogether."