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, 2019driver pay
Business
In April, K-Limited Carrier of Toledo, Ohio, announced a new wage structure designed to attract and retain experienced drivers. (TT file photo)
Significant 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)
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.
May 7, 2019
Business, Top 100
Motor carriers that have implemented new compensation models say drivers appreciate the steady income. (Terrence Antonio James/Tribune Content Agency)
Fleets 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, 2019
Business
C.R. England
C.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, 2019
Government, Business
Getty Images
Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows
Getty Images
It’s the talk of corporate America: Shipping costs are surging.
August 9, 2018
Business
TT File Photo
Several 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, 2018
Business
A Montgomery Transport flatbed. (Montgomery Transport LLC)
Montgomery 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, 2018
Business, Top 100
Central Oregon Truck Co. (Daseke Inc.)
Central 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
Business, Editorial
Editorial: Working Conditions
We all want to like our workplaces. For fleet drivers, that workplace extends from the truck cab all the way to the headquarters of the carriers for whom they drive. And its important to keep drivers happy regardless of which place they happen to be on a given day.
June 14, 2018
Business, Top 100
A Maverick truck. (TT File Photo)
Another Day, Another Pay Hike for Drivers
A Maverick truck. (TT File Photo)
With the annualized turnover rate at large truckload carriers soaring by the end of the first quarter, companies continued to open their checkbooks, giving pay raises to drivers as a way to keep them.
June 12, 2018Pages
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