May 29, 2014
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.
May 13, 2014
In 2012, driver turnover at large truckload carriers averaged 98%, according to figures from the American Trucking Associations. At smaller truckload fleets turnover averaged 82%.
May 7, 2014
Omega Integrated Logistics Group, Mount Holly, N.C., announced what it says is the largest sign-on bonus in the trucking industry. We learn more about the fine print.
May 5, 2014
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.
April 15, 2014
Recruiting and retention. It’s akin to bailing water out of a boat that has a hole in it. You really have to plug the hole first, otherwise you’re constantly fighting to stay afloat. In the trucking industry, that hole is driver retention.
February 4, 2014
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.
January 16, 2014
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.
October 8, 2013
Modest optimism regarding rates and volumes, and a rising number of unseated trucks, continues to influence whether carriers will add capacity.
October 3, 2013
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.
June 13, 2013
Schneider National Inc. announced it is raising company driver pay rates in its tanker division. The pay increase is effective June 16, 2013, and most new drivers will earn an additional $0.02 to $0.03 per mile.
May 11, 2013
Truck driver pay is often summed up in just two words: Not enough. But one analyst sums up the situation lately with the words “productivity bonuses” and “sign-on bonuses.” Gordon Klemp, publisher of the National Survey of Driver Wages, talks about whether those are good or bad in this story from the May issue of HDT.
May 10, 2013
Whenever there's a panel discussion about driver turnover and the coming driver shortage, low pay is always pointed to as a culprit. Yet when it comes to making drivers happy, pay often takes a backseat to the bigger picture.
April 1, 2007
Private fleets are cutting costs and improving service by switching from traditional driver pay methods.
Driver compensation planning must go beyond a paycheck. It must involve benefits, bonuses – even non-monetary perks.
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