driver bonuses

Loaded and Rolling: The Taylor Swift $100,000 driver bonus

The Taylor Swift $100,000 driver bonus

(Image: Craig Fuller via X, formerly Twitter)

Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of $100,000 before her Santa Clara, California, show last Saturday. The article on Tuesday notes there are around 50 drivers associated with her current U.S. tour and the bonuses totaled about $5 million. This end-of-tour bonus pales in comparison to the estimated $1 billion in...

https://www.freightwaves.com/news/loaded-and-rolling-the-taylor-swift-100000-driver-bonus

Trucking costs fell 9.3% in 2019 with industry contraction

Slowing freight demand reduced line item costs to operate a truck in 2019, according to the American Transportation Research Institute (ATRI).

The average marginal cost per mile incurred by motor carriers in 2019 decreased by 9.3% to $1.65. But that was still 6 cents per mile higher than during the last freight softening in 2016. 

In 2019, trucking costs contracted from $1.821 to $1.652. The cost per hour fell to $65.11 from $71.78 in last year’s report. 

The economic softening, combined with...

https://www.freightwaves.com/news/trucking-operational-costs-fell-93-in-2019-with-industry-contraction