driver pay
Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens
Retirements and the surge in e-commerce are two reasons why companies are boosting pay to attract more drivers. (kali9/Getty Images)
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.
October 7, 2020Coronavirus Spurs New Incentives for Drivers
Tyson Foods is providing bonuses. (Capital Area Food Bank of Texas)
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.
April 8, 2020Significant Upward Changes in Trucker Pay Continue
In April, K-Limited Carrier of Toledo, Ohio, announced a new wage structure designed to attract and retain experienced drivers. (TT file photo)
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.
June 6, 2019Perspective: 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.
May 7, 2019Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage
Motor carriers that have implemented new compensation models say drivers appreciate the steady income. (Terrence Antonio James/Tribune Content Agency)
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.
February 13, 2019C.R. England, Cargo Transporters Raise Driver Pay
C.R. England
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, 2019Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows
Getty Images
It’s the talk of corporate America: Shipping costs are surging.
August 9, 2018Several Carriers Fine-Tune Compensation in Face of Driver Shortage
TT File Photo
The second quarter brought a number of increases in driver compensation as the driver shortage continued to impact carriers’ ability to transport loads.
July 16, 2018Montgomery Transport, Paschall Truck Fine-Tune Driver Compensation
A Montgomery Transport flatbed. (Montgomery Transport LLC)
Two more trucking firms announced revisions to their driver compensation packages as part of their efforts to recruit and retain qualified drivers.
July 11, 2018Central Oregon Truck Increases Driver Pay
Central Oregon Truck Co. (Daseke Inc.)
Central Oregon Truck Co. implemented a pay structure that gives new drivers $65,000 a year in base pay and experienced drivers more than $90,000 a year in pay.
June 22, 2018