January 6, 2015 - Industry News
A shortage of experienced drivers means carriers are hesitant to increase capacity, despite rising carrier costs and rates, according to the quarterly Transport Capital Partners Survey. Expect increases in driver wages this year as a result.
Tags: Survey, Driver Shortage, Transport Capital Partners, Driver Pay
December 17, 2014 - Industry News
Dart announced increases in pay to drivers throughout the company’s network. Drivers will see anywhere from 2 cents to 10 cents per mile increases with the average increase being 5 cents per mile.
Tags: Dart, Driver Pay, Owner Operators, Dry Van
December 15, 2014 - Industry News
Median pay for truck drivers is on par with the national median for U.S. households, while the trucking industry offers drivers “competitive" benefits, according to a new study from the American Trucking Associations.
Tags: ATA, Research, Driver Pay
December 1, 2014 - Industry News
The trucking companies Crete Carrier and Shaffer Trucking announced a pay increase for their company national over the road drivers starting the first of next year.
Tags: drivers, Fleets, Driver Pay, Crete Carrier Corp., Shaffer Trucking
November 4, 2014 - Industry News
Forward Air Corp’s. motor carrier subsidiary, FAF Inc., is raising owner-operator pay effective Jan 4. The contractual base rate will increase by 10 cents per mile for team less-than-truckload and truckload express service, while rates for solo truckload express drivers will increase by 6 cents per mile.
Tags: Fleets, Owner-Operators, Forward Air, Driver Pay
October 9, 2014 - Industry News
FTR’s Trucking Conditions Index increased to 9.10 in August, an upward trend that reflects a tight capacity situation for the freight market.
Tags: FTR, Trucking Conditions Index, Spot Freight, Driver Pay, Trends, Economic Conditions
October 8, 2014 - Industry News
Schneider increased compensation for van truckload company drivers, the company announced. The new pay rates are 8% - 13% higher per mile and drivers have the opportunity to earn bonus pay.
Tags: Schneider, Van Trailers, Truckload, Driver Pay
September 29, 2014 - Industry News
Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.
Tags: Fleets, Earnings, Swift Transportation, Driver Pay, Fleet Utilization
September 24, 2014 - Industry News
Operating costs for trucking companies are on the rise again after falling slightly in 2012, according to a new study by ATRI, lead by significant increases in equipment and labor costs.
Tags: Operating Costs, American Transportation Research Institute, ATRI, Fleets, Driver Pay
September 23, 2014 - Industry News
For truckload carriers, the number one problem is the driver shortage – but the reasons go beyond pay, said Stifel's John Larkin at TMW Systems’ annual user conference in Nashville Monday.
Tags: drivers, Driver Shortage, TMW Systems, Stifel Nicolaus, Driver Pay
August 29, 2014 - Industry News
The Federal Motor Carrier Safety Administration has begun a study of the relationship between safety and driver pay. The agency is asking for comments on a plan to see if there is a connection between industry pay practices and safe driving.
Tags: FMCSA, Driver Safety, Driver Pay, drivers
August 28, 2014 - Industry News
A new survey asked thousands of truck drivers nationwide what makes them choose one job over another, and pay came out as the top reason, followed by the amount of time they get at home and then benefits.
Tags: Driver Shortage, Driver Pay, Recruiting, Retention, National Retail Systems
August 12, 2014 - Industry News
U.S. Xpress, Chattanooga, Tenn., is increasing its base mileage pay and making other compensation changes for over-the-road, solo, non-dedicated truck drivers.
Tags: Fleets, U.S. Xpress, Driver Pay
Con-way Truckload has announced the rollout of an enhanced driver compensation package that raises per-mile pay, effective Sept. 7 for both company drivers and independent contractors.
Tags: drivers, Fleets, Con-way Truckload, Driver Pay, Con-way Inc.
July 16, 2014 - Industry News
Maverick Transportation has recently announced several changes to their driver pay scale, including substantial mileage pay increases, which will impact all incoming drivers no matter their experience.
Tags: Driver Pay, Maverick Transportation, Fleets, drivers
July 2, 2014 - Industry News
Grand Rapids, Mich.-based regional hauler is offering a 4-cent raise to all current and future drivers.
Tags: Driver Pay, NTB, Fleets
June 10, 2014 - Industry News
Winebrenner Transfer, a Hagerstown, Md.-based trucking company, will pay $42,000 to a female truck driver to resolve a lawsuit for retaliation filed by the U.S. Equal Employment Opportunity Commission.
Tags: drivers, Fleets, Litigation, Driver Pay, EEOC
May 29, 2014 - Industry News
Effective June 1, company drivers at the Missouri-based ACT will receive a 1 cent per mile pay increase for all miles. Independent contractors will receive 3 cents per mile more for all miles, moving it up to $1.03 per mile.
Tags: Fleets, Driver Pay, American Central Transport
May 5, 2014 - Industry News
Most company tanker drivers will earn an additional 8% to 10% per mile, both loaded and unloaded, for an average increase of $4,000 per year.
Tags: Fleets, Schneider, Tankers, Schneider National, Driver Pay
February 4, 2014 - Industry News
Schneider announced it is raising owner-operator pay rates in its bulk division. The contractual compensation increase is effective March 3; most owner-operators will earn an additional 10 1/2 cents per mile, both loaded and unloaded.
Tags: Schneider, Driver Pay, Tank Trailer, Bulk Tank, Fleets
January 16, 2014 - Industry News
Transport Capital Partners fourth-quarter survey results show new hours-of-service impacting productivity, carriers expecting wages to climb, and more entry-level drivers to be sought by fleets.
Tags: Driver Shortage, HOS, Driver Turnover, TCP, Driver Pay
October 8, 2013 - Industry News
Modest optimism regarding rates and volumes, and a rising number of unseated trucks, continues to influence whether carriers will add capacity.
Tags: TCP, Driver Pay
October 3, 2013 - Industry News
On Oct. 15, CRST Expedited Inc., the largest operating company of CRST International Inc., will begin delivering a pay increase of $10 million over the next 12 months to its drivers, according to the company.
Tags: CRST, Driver Pay
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