Labor & Workforce
ModerateJul 30, 2026ESOP Strategy Cuts Trucking Turnover to 35%, Below Industry Norm
Nussbaum Transportation, a 600-truck carrier founded 80 years ago, has achieved industry-leading driver retention of 35–39% turnover by transitioning to an Employee Stock Ownership Plan (ESOP) in 2018
FreightWaves#driver-retention#esop-model#trucking-workforce