#trucking-workforce
(5 articles)ESOP 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
ArcBest Consolidates Brands, Cuts Workforce in Strategic Restructuring
ArcBest has announced a significant corporate restructuring involving the consolidation of its operating brands and a reduction in workforce. This move represents a strategic pivot toward operational
ArcBest Closes 10 Service Centers, Cuts 2% Workforce
ArcBest, a major U.S. LTL (less-than-truckload) and logistics provider, has announced the closure of 10 service centers and a workforce reduction of approximately 2%. This restructuring reflects broad
Idaho Eliminates Non-Domiciled CDL Program, Tightens Driver Licensing
Idaho has eliminated its non-domiciled commercial driver's license program, effective immediately, requiring all future CDL applicants to establish state residency before obtaining credentials. This a
SONAR Launches Driver App Hackathon to Bridge Tech Gap
FreightWaves SONAR is launching the Driver App Shortage Hackathon (DASH), a seven-day virtual competition designed to address a critical gap in freight software innovation. While the logistics technol