CRST Expedited, the largest operating company of CRST International, announced a second $10 million pay increase for experienced drivers. The Cedar Rapids, Iowa-based company said the increase went into effect Jan. 15 and came 15 months after its first $10 million driver pay increase.
“The raises are designed to reward experienced drivers and incent driver tenure in a highly competitive marketplace,” said Cameron Holzer, president of CRST Expedited. “As the driver shortage worsens, the competition for qualified, experienced drivers continues to increase. As CRST continues to grow, we need to invest in our drivers to retain and grow our fleet.”
CRST has seven operating companies and employs more than 7,000 company drivers, independent contractors and office personnel.