pay

Conditions ripe for driver pay hikes as tight market, tax cuts could force carriers’ hand

The corporate tax cut in the tax reform package delivers "real money," in the words of one FTR analyst, "so it’s a real opportunity" for driver pay growth. "I’d expect drivers will say ... 'OK, corporate America, this is what you asked for. Now it’s time to give back.'"

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Covenant offering $40,000 bonuses to team drivers

The $40,000 Teaming Bonus program, which goes into effect Feb. 1, will pay $2,000 in bonus money – $1,000 to each driver – to teams each time the team runs 60,000 paid miles together.

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Four fleets announce pay boosts for drivers

K&B Transportation, Bulldog Hiway Express, Hornady Transportation and W.N. Morehouse Truck Line each announced pay increases for drivers recently.

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Driver pay hikes on the horizon, analyst says

Of note from a conference call with pay analyst Gordon Klemp, driver wages are in effect just half of what they were in 1979, before deregulation.

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Seven drivers seek $150k each from carrier over misclassification claims

The Teamster-backed Justice for Port Drivers says California Multimodal made illegal deductions to the truckers’ paychecks and did not reimburse business expenses.

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Maverick announces per-mile pay increase for certain OTR drivers

The company is also currently offering a $5,000 sign-on bonus for drivers with at least a year of verifiable experience.

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Bill in House seeks to study port truckers’ pay and controversial truck-leasing practices

Citing existing research into the matter and a major investigative report from USA Today showing that such deductions leave drivers with little actual take-home pay, a contingent of Democratic lawmakers in the House filed the Port Drivers Bill of Rights Act of 2017 last week.

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Higher driver pay drove carriers’ costs higher in 2016

Carrier costs on the whole climbed 1.5 cents a mile last year, according to a report from the American Transportation Research Institute, with increases in spending on driver wages and benefits outpacing savings from lower fuel expenditures.

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Epes Transport raises driver pay

For company drivers, Epes raised its per-mile pay by 2 cents. Independent contractors have all been changed to percentage based pay and receive 66 percent on a load plus fuel surcharge.

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Major fleet gives owner-operators per-mile pay increase

Drivers in Forward Air's truckload expedited division will receive a 10-cent-per-mile boost, while contractors in the LTL division will receive a 3-cent-per-mile boost.

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