Covenant Transport announced a new Owner-Operator Hazmat Team Equity Bonus that will offer an extra $10,000 per year to hazmat owner-operator teams to help replace equipment.
All owner-operator hazmat teams who run at least 35 loads per quarter will now be eligible for a $2,500 per quarter bonus payout on an ongoing basis. Lease-purchase drivers will be eligible for the bonus after their trucks are paid off.
“This is not a one-time payout,” Daniel said. “Those who qualify will continue to receive the bonus for as long as they drive for Covenant.”
Affected tractors are equipped with an automated Eaton UltraShift Plus or Eaton Advantage Transmission with right hand stalk shifter. In the affected trucks, the display on the instrument panel can indicate “N” when the shifter is set into “D” or “R,” causing the truck not to move.