Report shows pay also increased 11% just last year — and looks like it’s still rising
1st-year drivers can make up to $110K, veteran drivers even more
The pandemic and the supply chain crisis was a one-two punch for United Road Services, the car hauler that moves 4 million vehicles a year.
Less-than-truckload carrier Roadrunner announced new incentives and an increased pay package for drivers.
Truckload carriers continue to pay up for drivers. Dry van carrier Cargo Transporters announced another increase to its pay package.
Nearly a year and a half into a tight truck market and carriers continue to raise driver wages. Midwest Carriers and CFI are the latest to announce increases.
Truckload carriers have been raising pay for 18 months now to meet heightened demand. But when this trucking cycle cools, don’t expect wages to follow in lockstep.
KLLM Transport Services is the latest carrier to announce a historic pay increase for drivers.
Lawrence Freight said its latest pay hike for company drivers will move annual wages to roughly $90,000 in 2022.
In its third pay hike of 2021, Forward Air rolls out its biggest pay package for independent contractors ever.
Long-term supply chain challenges could minimize the value of driver pay increases.
Driver pay increases continue to roll in as a strong macroeconomic environment shows little signs of slowing.
The need for truck capacity remains at historic highs, and more fleets have responded by increasing driver pay for the second time this year.
Trucking companies outbidding each other for drivers using salary and per-mile wage increases are leaving themselves vulnerable when the next economic downturn hits, the American Trucking Association’s chief economist warns. […]
Signs of hope are seen in driver recruitment, according to Tenstreet, as “historic” pay increases continue.
Roehl Transport announced its second driver pay increase of the year.
Heartland Express reported a slight miss on first-quarter earnings expectations Wednesday. The carrier pointed to relative strength in March as it exited the quarter, noting that driver pay will need to be raised again.
Driver pay continues to step higher as truck capacity remains very tight and consumer spending high.
After raising pay earlier in the year, Cargo Transporters has implemented a flexible pay package, allowing company drivers to earn paid time off and bonus payments on a prorated basis.
West Coast carrier Cheema Freightlines announces a pay bump for drivers and plans to expand its fleet in 2021.
After a fresh round of pay increases at the beginning of the year, some carriers are continuing to raise rates further. Bay & Bay Transportation announced effective immediately it has raised pay for independent contractors by 20 cents per mile.
Roehl Transport joins the list of truckload carriers increasing driver pay to keep trucks rolling during a high-demand environment.
Frozen Food Express is raising linehaul driver pay by 25% for new solo drivers and 20% for team drivers.
In today’s edition of The Daily Dash, it’s been one year since the collapse of Celadon, and FreightWaves talks to some former drivers. Plus, Estes has been hit with a COVID-related lawsuit and Covenant is bumping up driver pay.
