Schneider National announced March 24 it is increasing compensation for its van owner-operators by 5 cents a mile.
Under the new lease, owner-operators will earn 95 cents a mile (up to $1.65/mile with short-haul premiums) plus fuel surcharge. Schneider owner-operators will earn 92 cents a mile and an additional 3 cents a mile in a quarterly performance premium.
Schneider, based in Green Bay, Wis., will continue to offer its van owner-operators a choice of lease options: percent of revenue or mileage-based. Owner-operators with a percent-of-revenue lease select loads directly from Schneider’s freight pool, with no agents involved. Access is available 24/7, and owner-operators can view available freight days in advance and pre-assign loads for enhanced trip planning.
Revenue opportunities for Schneider owner-operators are estimated at $800-plus per day. Compensation for Schneider’s tanker owner-operators was increased in December and will remain at $1.05 a mile. Schneider will provide training to owner-operators with no tanker experience.