#Us xpress trucking drivers
Additionally, the proliferation of sign-on bonuses exacerbates this problem as drivers hop from carrier to carrier. Drivers are often incentivized to leave one company for another for better compensation, less time away from home, a lack of consistent communication with their current company and the unpredictability of their paychecks - drivers are paid by the mile.
#Us xpress trucking driver
There are several factors that contribute to driver turnover, according to a survey conducted by Driver iQ, a background screening company for the trucking industry. “We really wanted to develop a program that helps provide some stickiness for those drivers, where we can attract and retain them and keep them a little bit more long term.” Xpress and all of our top competitors have about 6% of the total market share,” says Amanda Thompson, the chief people officer with U.S. To combat this issue employers have had to get creative with their benefits and offer options that will keep drivers with the company. Indeed, the turnover rate has reached an annualized figure of 96%, according to the American Trucking Associations. The company started the program in September 2018, and the recent landmark is notable because the freight driving industry has one of the highest turnover rates of any employee group, and keeping talent is an especially big headache for the transportation and trucking sectors. Xpress Enterprises debuted a tuition assistance program two years ago that recently celebrated its first graduate, and the experiment is starting to pay off big: The freight shipping company scored a 25% reduction in turnover this year.
Malta is also seeking to position itself as a European leader in the production of medical cannabis having approved legislation in 2018 to permit the production of such cannabis for medicinal and research purposes.The Netherlands also has a liberal attitude towards cannabis, allowing the sale of small quantities in a policy aimed at managing crime and health risks, though officially it is illegal.Luxembourg announced plans to legalise Cannabis in October but its parliament has yet to give its green light to the measure.U.S.
The bill was promoted by Equality Minister Owen Bonnici, who says Malta has adopted a "harm-reduction approach" with the establishment of an authority to regulate the sale of cannabis for personal use by adults from non-profit associations.Smoking cannabis in public will remain against the law and anyone caught consuming cannabis in front of a child will be liable for fines of between $340-$564.The legislation was rushed through parliament in the face of fierce criticism from the centre-right opposition, medical associations and the church who complained that their requests to water down the proposals were ignored.''We are going to curb drug trafficking by making sure that people who make use of cannabis now have a safe and regularised way from where they can obtain cannabis," minister Bonnici said. Xpress said spot rates, which are real-time quotes for the fee to move a shipment, remain high and look unlikely to abate anytime soon. The increased expenses associated with higher wages and recruitment costs is bleeding down to companies and consumers who pay for shipping. Xpress ramped up spending on efforts to find prospective drivers, noting in its most recent earnings call that it had increased recruiting costs by about $3.5 million. “Maybe it will change things permanently,” Fuller said, adding that the pool of prospective drivers may have morphed “structurally.”įuller said another 20% to 30% in wage increases may be needed to keep prospective drivers from taking other jobs, but said his company can’t afford to make further pay raises in that range at the moment. Louisįuller said the expiration of unemployment benefits in some states have brought back some workers, but still worries that it may only get harder to recover the remaining shortfall.ĭrivers have shown a stronger preference for jobs that allow them to spend more time with their families, meaning that jobs in manufacturing or construction may poach talent from U.S. Bureau of Labor Statistics, Federal Reserve Bank of St. Bureau of Labor Statistics shows that employment levels in the truck transportation industry remains short of pre-pandemic levels.
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