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Latest Bob Costello Stories

2014-07-09 12:20:36

ARLINGTON, Va., July 9, 2014 /PRNewswire-USNewswire/ -- The turnover rate at large truckload carriers rose just one percentage point to 92% (annualized rate) in the first quarter of 2014, but held above 90% for the ninth consecutive quarter. http://photos.prnewswire.com/prnvar/20100129/ATALOGO While turnover is well above the low of 39% four years ago, ATA Chief Economist Bob Costello said it is far from the worst the industry has seen. "While high, turnover at large truckload...

2014-03-14 12:22:12

ARLINGTON, Va., March 14, 2014 /PRNewswire-USNewswire/ -- The turnover rate at large truckload carriers fell six percentage points to 91% in the fourth quarter of 2013, but held above 90% for the eighth consecutive quarter. http://photos.prnewswire.com/prnvar/20100129/ATALOGO The decline was the second straight for the measure of churn in the driver pool, however ATA Chief Economist Bob Costello said it continues to be elevated. "We saw turnover at fleets with at least $30 million...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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