driver pay

Business

Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens

Smiling truck driver 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.

Dan Ronan | Associate News Editor
October 7, 2020
Business, Safety, Logistics, Top 100

Coronavirus Spurs New Incentives for Drivers

Tyson Foods truck 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.

Connor D. Wolf | Staff Reporter
April 8, 2020
Business

Significant Upward Changes in Trucker Pay Continue

K-Limited Carrier truck 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.

Jim Stinson | Staff Reporter
June 6, 2019
Business, Technology, Perspective

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.

Jane Jazrawy | CEO, CarriersEdge
May 7, 2019
Business, Top 100

Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage

Driver behind the wheel 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.

Mindy Long | Special to Transport Topics
February 13, 2019
Business

C.R. England, Cargo Transporters Raise Driver Pay

C.R. England truck 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, 2019
Government, Business

Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows

Driver Pay Getty Images

It’s the talk of corporate America: Shipping costs are surging.

Matthew Boesler | Bloomberg News
August 9, 2018
Business

Several Carriers Fine-Tune Compensation in Face of Driver Shortage

A truck driver in Indiana 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, 2018
Business

Montgomery Transport, Paschall Truck Fine-Tune Driver Compensation

Montgomery Transport 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, 2018
Business, Top 100

Central Oregon Truck Increases Driver Pay

Central Oregon Truck 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.

Burney Simpson | Staff Reporter
June 22, 2018

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