Driver pay
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Trucking Regulation
OOIDA urges Biden administration to bust driver shortage ‘myth’
Retaining drivers — not increasing the driver pool — is the way to address supply chain disruption, OOIDA asserts.
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News
Driver recruitment wars: Cowan to pay $20,000 sign-on bonus
Dedicated carrier Cowan Systems is offering sign-on bonuses as high as $20,000 for newly hired drivers.
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News
Schneider easily beats Q2 estimates, raises 2021 outlook
“Our logistics segment has been thriving and growing, including contract logistics and port services, with the largest contributor being brokerage,” says Schneider CEO.
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News
Knight-Swift raises outlook; cost challenges to persist
Knight-Swift Transportation beat second-quarter estimates and raised its full-year guidance to include the favorable operating environment in addition to accretion from recent acquisitions. However, the…
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News
Safety panel: Government conflict on pay rules hurts driver retention
Getting shippers to pay for drivers’ wait time could boost driver retention and improve safety, according to a trucking economics expert.
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News
Heartland Express: Q2 in line despite revenue weakness
Heartland Express records its best consolidated operating ratio since its last acquisition was fully integrated.
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Driver issues
New motor carrier approvals at nosebleed levels, FTR says
Leased owner-operators and company drivers could be looking to strike gold on their own in a strong trucking market, Vise says.
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News
Driver employment market may be improving amid ‘historic’ pay increases
Signs of hope are seen in driver recruitment, according to Tenstreet, as “historic” pay increases continue.
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News
Forward Air’s new comp plan addresses obstacles in congested markets
Asset-light trucking and logistics provider Forward Air’s new pay plan incentivizes operators to haul into the country’s more challenging markets.
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News
USA Truck, MCO Transport, Millis Transfer latest to bump driver pay
Carriers are hoping to attract drivers with more pay and improved benefits.
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