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Grand Rapids, Mich.-based regional hauler is offering a 4-cent raise to all current and future drivers.
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It has increased pay to 50 cents per mile or 29% of the freight revenue, for those with at least two years experience, according to a release, along with offering a $3,000 sign-on bonus for experienced drivers.
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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.
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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.
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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%.
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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.
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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.
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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.
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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.
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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.
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