Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows
It’s the talk of corporate America: Shipping costs are surging.
Several Carriers Fine-Tune Compensation in Face of Driver Shortage
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
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. 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.
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, 2018Another Day, Another Pay Hike for Drivers
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.
Driver Turnover Puts Pressure on Large Carriers
The rise in freight being carried nationwide led to a rise in truck driver turnover in the first quarter as large trucking firms demanded more qualified drivers to transport goods.
KLLM Announces Another Pay Increase for Drivers
KLLM Transport Services will institute another pay hike for company drivers, bringing the increase to 30% in just the past eight months, the Jackson, Miss.-based over-the road carrier announced.
June 8, 2018Two More Trucking Companies Raise Driver Pay
Two more trucking companies have joined a growing list of operators that are increasing compensation to retain their current drivers and attract new recruits.
Driver Pay Rising as Large Carriers Open Their Wallets
Recruiters are working to keep pace as carriers continue to increase compensation as a way of attracting and retaining drivers, a new survey found.