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Driver turnover rose slightly for large carriers in the third quarter, but LTL and smaller fleet numbers showed some surprises.
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For 2015, as the trucking industry is dealing with the worst driver shortage and capacity crunch in its history, Heavy Duty Trucking is delving into the topic of truck drivers. The 10-part series in the magazine is complemented by WebXclusive features.
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American Trucking Associations has released its 2014 Driver Compensation Study. Due to competition for drivers, it found, as much as 50% of truckload carriers are now offering sign-on bonuses as a way to attract new drivers.
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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.
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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.
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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.
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The Dupre Logistics Energy Distribution Services group announced that it would be giving its drivers a 5% to 9% pay increase to help it keep qualified drivers in a competitive market.
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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.
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The Arkansas-based operation will increase it three cents per mile on Dec. 2 for all company drivers. All company drivers will also be eligible for a bonus.
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Nussbaum Transportation announced that it would be giving its over-the-road drivers a 6% pay increase beginning in January 2015. The pay will be increased from 42 cents to 52 cents per mile based on the length of haul, with a minimum pay guarantee of $1,050.
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