Citing “a strong economic recovery with robust freight demand,” less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL) announced Thursday plans to add 800 drivers and more than 400 dockworkers and clerical personnel.
The Thomasville, North Carolina-based company said it was looking to add Class A CDL drivers over the next three months to meet growing demand. The plans include hiring 275 linehaul drivers, 260 pickup and delivery drivers and 100 team drivers. It will also add more than 430 workers on its docks over the same time period.
Average pay for new linehaul drivers will be $99,000, with pickup and delivery drivers earning $73,000 annually. The full-time, nonunion positions also offer health insurance, 401(k) and paid vacation. Old Dominion will pay a $5,000 signing bonus for qualified drivers in certain locations.
“Our OD people are the heart of our operations and we’re looking to add to our workforce in response to a growing demand for our premium service,” said Marty Freeman, EVP and COO at Old Dominion. “There’s never been a better time to consider a career in transportation. These career opportunities offer a great work-life balance, a competitive compensation package, on-the-job training and career advancement opportunity.”
LTL competitor Yellow Corp. (NASDAQ: YELL), formerly YRC Worldwide, announced it was adding 1,500 drivers and opening 12 new driver academies last month.
Old Dominion’s announcement comes as the carrier is executing a terminal expansion plan, which produced nine new or expanded facilities in 2020. Similar additions are planned for 2021. The facility expansion is part of the company’s efforts to increase market share in a favorable trucking environment.
On Tuesday, the carrier announced that year-over-year trends in February (revenue +9.2%) slowed from more robust growth seen in January (revenue +14.6%). Severe winter storms were noted as the reason for the deceleration in the growth rate. Even with the slowdown, the carrier fared better than others in the month.
Saia (NASDAQ: SAIA) reported a 2.3% year-over-year decline in February tonnage after posting a 5.4% increase in January. The company said roughly 70 terminals were fully or partially offline for several days during the month.
ArcBest Corp. (NASDAQ: ARCB) reported flat tonnage through the first two months of the year in its asset-based segment as February wiped out a 6.6% year-over-year increase to start the year.
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Niko
They only pay so well to keep out the Teamsters if Yellow and ABF go out of business the pay will be cut immediately
Carl Jarrett
Please ive all the endorsements required $99000yrs homedaily please sign me up
Richard B Florez
Where do I send resume. Te-connectivity closed a branch in Santa Teresa New Mexico left everyone unemployed. I have close to 25 years whse and inventory experience
Mr. Fahrenheit
ODFL.com/careers
Wellington
I have to say that’s pay isn’t enough. More carriers starting at top pay linehaul making $115000 city drivers average $82000. Will be hard to get drivers in door. Also OD doesn’t pay time and half after 40. What will be incentive to work there if they keep growing and making a lot money not sharing with employees?
Bradley Allen Weliver
Money chaser; How far do you think you will go in life with that kind of attitude? I will tell you. Not far. Keep chasing the money.
Chad
This company doesn’t pay overtime, and they want you to work 60 hours a week minimum. So why would you want to work here?
Chad
No overtime, and they work you 60 plus hours a week. They also treat you like crap and medical insurance is crazy expensive. So why would anyone want to work for them again?
Gregory Wooten
Actually they’ve always treated me well.
Chad
Crappy company to work for all of what you said is true.
G
They do share with employees with profit sharing each year that goes into our 401K plus in the past 6 yrs we have gotten a raise no lower then 70 cents per hour and a average of 2 cents per mile right now the region I am in top out is 70 cents per mile
Tcs53
Name the company that starts you out on line haul for $115k a year. O.D. Was a competitor of ours but the drivers always seemed happy. You might get that kind of money at Buster Brown but that’s the only place. I agree that OT should be paid after 8 or 40 hours. But we’re talking line haul here and OT doesn’t enter into it.
MrbigR504
Right?
MrbigR504
Too bad they changed to all company trucks because the owner operators were making some nice money over there! Hey Old Dominion, holla at me if y’all go back to owner operators in intermodal in Atlanta!
Max Garcia
Whats the average age for driver hiring with theses companys mentioned in this article?