Carriers Continue to Raise Wages Amid Driver Shortage
Trucking companies are continuing to increase driver pay as labor capacity remains a challenge amid strong demand.
The Value of a Good Driver
Just last month, a number of carriers announced driver pay increases mirroring a wider trend in the industry that emerged last year. Is this an effective strategy for combatting the worsening driver shortage? President & CEO of the National Transportation Institute, Leah Shaver, joins TT's Dan Ronan for a conversation about driver recruitment and retention in today's market and what tools fleet executives can use to succeed.
March 1, 2021KLLM, Pride Transport Increase Pay for Truck Drivers
KLLM Transport Services and Pride Transport joined the surge of trucking companies set to raise driver pay.
Trucking Companies Increasing Pay Could Indicate Greater Trend
Carriers are boosting compensation to address an ongoing driver shortage that some fear may worsen as a recent surge in COVID-19 cases threatens to put new strains on the supply chain.
Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens
As capacity tightens in the trucking industry, some carriers are beginning to announce pay hikes, and some industry watchers would not be surprised to see more hikes.
Coronavirus Spurs New Incentives for Drivers
Motor carriers are developing incentive plans to provide drivers with bonuses and financial support as they serve on the front lines of the country’s battle against COVID-19.
Significant Upward Changes in Trucker Pay Continue
A persistent driver shortage, near full employment and a favorable freight market last year have contributed to a “significant change” in the pace of pay increases in the first quarter of 2019, according to the National Transportation Institute.
Perspective: Drivers Seek Improvements on Routes
An annual survey of thousands of drivers found that while most are happy with the pay structure their fleets offer, they see room for improvement with how their routes are selected.
Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage
Cents per mile remains the dominant form of pay in the for-hire truckload sector, but its dominance is not as strong as it once was as fleets embrace alternative pay models that take cyclicality out of driver pay. Fleets that have implemented new payment methods said drivers appreciate the steady income.
C.R. England, Cargo Transporters Raise Driver Pay
C.R. England Inc. is boosting pay for solo and team drivers and driver trainers for the second time in eight months, and Cargo Transporters Inc. is giving a pay increase to its over-the-road and regional truck drivers.
January 31, 2019