Industry Warned of Consequences of Low Pay for Drivers
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“Until shippers are shutting down plants because they can’t get products moved, a lot of them are not going to change,” Goodson said.
Meanwhile, profit pressure has put a hold on driver pay raises. Only 14.7% of carriers surveyed in the period from July through September changed driver wages, the lowest percentage in the 4-year history of the survey. In addition, 50% of the changes were in the carrier’s fringe benefit package.
Goodson tracks company driver and owner-operator compensation at more than 400 truckload fleets four times a year. He sells the information to carriers through his company, Class 8 Solutions in Eagan, Minn.
In a survey earlier this year, Goodson found that some companies were raising health-care deductibles and eliminating bonuses in order to afford higher driver wages (2-21, p. 54).
In his remarks at the forum on Dec. 4, Goodson said the ability to manage drivers and control turnover is the “biggest single factor [that will] define the winners and losers of the future.”
“The people who do well are going to manage their driverforce well,” Goodson said.
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For the full story, see the Dec. 11 print edition of Transport Topics. .