n a seasonally adjusted basis, truckload and less-than-truckload revenue jumped 2.7% and 5.5%, respectively, from September to October, American Trucking Associations said.
Large truckload carriers had an annualized turnover rate of 135% in the third quarter, just shy of the record high 136% rate set in the fourth quarter of 2004.
Small truckload carriers reported a turnover rate of 91%s — 10% more than in the previous quarter, ATA said.
During the same period, LTL carriers had a turnover rate of only 12%, ATA reported.
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