Cents per mile remains the dominant form of pay in the for-hire truckload sector, but its dominance is not as strong as it once was as fleets embrace alternative pay models that take cyclicality out of driver pay. Fleets that have implemented new payment methods said drivers appreciate the steady income.
February 13, 2019Business, Technology, Perspective
Perspective: Drivers Seek Improvements on Routes
An annual survey of thousands of drivers found that while most are happy with the pay structure their fleets offer, they see room for improvement with how their routes are selected.
May 7, 2019Business
C.R. England, Cargo Transporters Raise Driver Pay
C.R. England Inc. is boosting pay for solo and team drivers and driver trainers for the second time in eight months, and Cargo Transporters Inc. is giving a pay increase to its over-the-road and regional truck drivers.
January 31, 2019Government, Business
Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows
It’s the talk of corporate America: Shipping costs are surging.
August 9, 2018Business
Several Carriers Fine-Tune Compensation in Face of Driver Shortage
The second quarter brought a number of increases in driver compensation as the driver shortage continued to impact carriers’ ability to transport loads.
July 16, 2018Business
Montgomery Transport, Paschall Truck Fine-Tune Driver Compensation
Two more trucking firms announced revisions to their driver compensation packages as part of their efforts to recruit and retain qualified drivers.
July 11, 2018Business, Top 100
Central Oregon Truck Increases Driver Pay
Central Oregon Truck Co. implemented a pay structure that gives new drivers $65,000 a year in base pay and experienced drivers more than $90,000 a year in pay.
June 22, 2018Business, Editorial
Editorial: Working Conditions
We all want to like our workplaces. For fleet drivers, that workplace extends from the truck cab all the way to the headquarters of the carriers for whom they drive. And its important to keep drivers happy regardless of which place they happen to be on a given day.
June 14, 2018Business, Top 100
Another Day, Another Pay Hike for Drivers
With the annualized turnover rate at large truckload carriers soaring by the end of the first quarter, companies continued to open their checkbooks, giving pay raises to drivers as a way to keep them.
June 12, 2018Business, Equipment, Logistics, Top 100
Driver Turnover Puts Pressure on Large Carriers
The rise in freight being carried nationwide led to a rise in truck driver turnover in the first quarter as large trucking firms demanded more qualified drivers to transport goods.
June 8, 2018