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A competitive market for truck drivers has caused driver pay to increase significantly as fleets look to meet increased demand for freight transportation services.
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As fleets face off against the growing technician shortage, the need grows for partnerships with educational institutions and enhanced recruiting and retention efforts.
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The driver turnover rate for truckload carriers fell in the final three months of 2017, but the rate remained 14 points higher than it was for the previous year.
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Pay is important, but oftentimes even more important are the things you do that make drivers feel valued and respected, observes Editor in Chief Deborah Lockridge.
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Hornady Transportation announced a new pay program offering its truck drivers a guaranteed weekly gross minimum pay.
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Dot Transportation says its fleetwide truck driver wage increase is the largest in company history.
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American Central Transport has announced that it is increasing both contractor and company driver pay this month as well as implementing a new bonus for company drivers.
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Milan Supply Chain Solutions announced a pay increase for regional over-the-road truck drivers and independent contractors.
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U.S. Xpress announced the TeamMax Bonus program for current and prospective team drivers, which offers $50,000 in bonuses and up to four weeks of paid vacation in a single year.
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Boyd Bros. Transportation has announced a new driver sign-on bonus and a two-cent per mile pay increase with a $1,000 weekly minimum pay guarantee.
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