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2019 Driver Statistics: Turnover & Employment

2019 Driver Statistics: Turnover & Employment

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2019 Driver Statistics: Turnover & Employment

Although labor issues remain a significant challenge for respondents to the National Private Truck Council's annual survey, they continue to report retention and turnover performance far better than their for-hire colleagues. This year, private fleets reported turnover at 16.9%, up a point and a half over last year’s 15.4% average turnover.

The stability of trucking employment over the past 14 years provides some evidence of a tight labor market for truck drivers—the demand for drivers has remained strong while the demand for workers with low levels of education has declined substantially in other sectors.

While it appears that truck drivers are at an earnings disadvantage relative to nondriving blue-collar workers, this disadvantage is only evidence of an earnings gap between light or delivery truck drivers and driver/sales workers, on the one hand, and blue-collar workers, on the other; point estimates of the earnings of heavy truck drivers exceed those of other blue-collar workers throughout the period.

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Used-Truck Prices March 2020

Used-Truck Prices March 2020

As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.

2019 Global Statistics: Investments in Tech Start-Ups

2019 Global Statistics: Investments in Tech Start-Ups

The increasing maturity and stability of trucking technology start-ups is evidenced by a decline in the volume of early-stage deals in 2018.

Used-Truck Prices February 2020

Used-Truck Prices February 2020

As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February. 

2019 Global Statistics: Commercial Vehicle Registrations & Production

2019 Global Statistics: Commercial Vehicle Registrations & Production

New truck registrations across the European Union grew by 3.5% last year compared to 2017.

2019 Safety Statistics: Private Fleet Safety and ELDs

2019 Safety Statistics: Private Fleet Safety and ELDs

Private fleets report a DOT Recordable crash rate of 0.504 crashes per million miles, a slight increase from last year’s 0.49.

Used-Truck Prices January 2020

Used-Truck Prices January 2020

As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.

Used-Truck Prices December 2019

Used-Truck Prices December 2019

As of Dec. 1, 2019, pickup truck values continued their downward trend a bit more steeply between November and December 2019 since a peak in June. 

2019 Safety Statistics: Fatal Truck Crashes

2019 Safety Statistics: Fatal Truck Crashes

Large truck drivers killed in fatal crashes rarely have high blood alcohol concentrations (BACs).

2019 Parts & Service Statistics: Repair and Maintenance Costs

2019 Parts & Service Statistics: Repair and Maintenance Costs

Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017.

Used-Truck Prices November 2019

Used-Truck Prices November 2019

As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019. 

2019 Parts & Service Statistics: Aftermarket & Demand

2019 Parts & Service Statistics: Aftermarket & Demand

As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers.

To get a more complete picture of the trade cycle strategies, when those fleets that lease the...

2019 Truck Insight Statistics - Truck Sales & Class 8 Trade Cycles

Dealers have increased both new and used truck sales. Equipment turns averaged 649,000 miles.