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.
Flatbed and over-the-road drivers to see 70 cents per mile
JK Moving Services and Kido are two very different businesses, but both SMBs can teach other companies about how to weather a global crisis.
Driver recruiting challenges, pay and demographics trends Driver recruiting remains a key challenge heading into 2022 due to pandemic, demographic and economic trends. Pay and wages remain a central theme in both driver recruitment and retention, with carriers raising base driver pay multiple times in 2021 to keep up with demand. These pay raises are […]
Lawrence Freight said its latest pay hike for company drivers will move annual wages to roughly $90,000 in 2022.
J.B. Hunt Transport announced that eligible drivers and maintenance techs received nearly $10 million in appreciation bonuses on Friday.
In its third pay hike of 2021, Forward Air rolls out its biggest pay package for independent contractors ever.
In this issue: AI Fleet raises $21 million; the American Transportation Research Institute ranks trucking concerns; and the Logistics Managers’ Index is expanded. Trucking in disruption: AI Fleet raises $21 million series A Trucking tech startup AI Fleet recently completed a series A round for $21 million led by Obvious Ventures with participation from Compound, […]
Rob Hatchett, president of Fleet Intel, discusses the importance of having real-time driver pay data at your fingertips.
“Our technology is picking loads for drivers based on what is best for the driver and what will generate the most revenue on the truck, which in turn, generates the highest potential salary for our drivers” said AI Fleet co-founder and CEO Marc El Khoury.
Even when everyone agrees, regulations take a year to get approved. And there are detractors to autonomous trucking rulemaking
Motor Carrier Act of 1980, OTR driver shortage, consumer confidence falls
Federal regulators have vastly improved the ability to keep unsafe drivers off the road but the trucking industry is scrambling to make up the shortfall.
Thanks to persistent industry headwinds, the debate surrounding how to pay drivers – by the mile or by the hour – is heating up, and Congress is taking notice.
North Carolina-based carrier’s third pay raise in a year comes amid unprecedented freight volumes and demand for drivers.
Covenant Logistics Group’s managed freight segment revenue grew 89% year-over-year during the third quarter, to $90 million.
If you aren’t proactively taking measures to retain your people, someone else is trying to steal them. Here’s what to do about it.
