Schneider Increases Van Owner-Operator Compensation

March 24, 2011

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Schneider National is increasing compensation for its van owner-operators by $0.05 per mile. Under the new lease, owner-operators will earn $0.95 per mile (up to $1.65/mile with short haul premiums) plus fuel surcharge.
Schneider owner-operators will earn $0.92 per mile and an additional $0.03 per mile in a quarterly performance premium.

"The Schneider National announcement of a $0.05 per-mile increase for van owner-operators makes a pay plan already ranked as a Top Pay plan even stronger," said Gordon Klemp, president of the National Transportation Institute. "This increase, combined with the other elements of their owner-operator package, confirms our judgment that Schneider is very serious about competing for the very best owner-operators in the industry."

Schneider will continue to offer its van owner-operators a choice of lease options: Percent of Revenue or Mileage-Based. Owner-operators with a percent-of-revenue lease select loads directly from Schneider's freight pool, no agents involved. Access is available 24/7 and owner-operators can view available freight days in advance and pre-assign loads for enhanced trip planning. Revenue opportunities for Schneider owner-operators are $800+ per day.

Compensation for Schneider's tanker owner-operators was increased in December 2010 and will remain $1.05/mile. Schneider will provide training to owner-operators with no tanker experience.

All Schneider owner-operators have access to the Schneider Purchase Power Program. The program leverages Schneider's buying power for fuel, maintenance, tires, insurance and more while passing the discounts on to its owner-operators. Schneider provides not only a fuel surcharge program but also additional discounts on fuel at major truckstop chains. Owner-operators leased with Schneider also have access to the company's 22 operating centers.

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