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Transport America Raises O-O Pay to 92 CPM

Transport America, a Minnesota-based truckload carrier, said it is increasing owner-operator pay beginning July 1. Under the new pay plan, Owner Operators will earn 92 cents per mile on all miles – loaded and empty.

by Staff
June 9, 2006
Transport America Raises O-O Pay to 92 CPM

 

2 min to read


Transport America, a Minnesota-based truckload carrier, said it is increasing owner-operator pay beginning July 1. Under the new pay plan, Owner Operators will earn 92 cents per mile on all miles – loaded and empty.


According to Transport America’s President and CEO Mike Paxton, “We want our owner-operators to be successful and we recognize they have seen increases in their costs of doing business. We felt it was important to go ahead and adjust owner-operator pay upward in recognition of the increased costs they have been experiencing."
The new pay package will allow Transport America’s contractors to see an immediate increase in their weekly take-home pay.
Transport America also helps its owner-operators manage fuel costs by paying an aggressive fuel surcharge, which is adjusted weekly.
Peggy Farra, vice president of driver recruitment and safety said, “We pass back 100 percent of the fuel surcharge we collect from our customers, and unlike some carriers, we pay it on all miles – loaded and empty.”
Transport America will phase in the new pay package beginning July 1, by increasing the line haul pay rate to 90 cents per mile. On Sept. 1, 2006, that rate will increase to 91 cents per mile and again on Nov. 1, 2006, when the guaranteed rate per mile for owner operators will reach 92 cents.
In operation since 1984, Transport America provides a variety of truckload freight carriage and logistics services.. Learn more about Transport America by calling (866) 804-9222 or visit www.transportamerica.com.

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