Guaranteed pay programs have grown from 14% of fleets in 2017 to over 40% today. Driver wages have steadily increased in recent years, reflecting their value to fleets and the economy. Fleets are ...
Transport America announced a pay increase for all current and potential drivers working for the company. Owner-operators will receive a 2 cents per mile increase in pay, team drivers will receive a 1 ...
Several fleets have announced pay and benefit increases for drivers as the industry keeps trying to address the driver shortage. Driver turnover remains at extremely high levels-- 90% at large ...
The trucking industry has seen a 30% increase in CDL holders since 2016, with driver pay rising over 20% adjusted for inflation. Debates persist over whether there is a driver shortage or an excess.
Many factors contribute to a fleet's ability to attract and retain drivers, and pay tops the list. While load availability, home time and quality equipment are key considerations, drivers frequently ...