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https://www.freightwaves.com/news/daily-infographic-walmart-takes-driver-pay-to-the-executive-level
On this week’s episode of Check Call, host Mary O’Connell and Joe Antoshak, senior editorial researcher at FreightWaves, sit down to talk about the new 2022 driver pay guide and the top 500 for-hire carrier list.
Also on the podcast is a quick rundown of Navistar’s new assembly plant that is serving as the model for the manufacturer’s network of U.S. and Mexican operations. In an effort to promote lean manufacturing principles, utilizing paper-free operations, Navistar is also investing in the...
https://www.freightwaves.com/news/check-call-with-joe-antoshak-know-your-worth
A heightened freight demand environment and a declining pool of drivers has carriers raising pay to keep their equipment moving. Driver wages have been climbing for roughly a year and a half now and will likely continue to step higher for an industry that struggles to recruit and retain labor in both good and bad markets.
Dry van truckload carrier Cargo Transporters announced its largest-ever pay increase for over-the-road drivers. Beginning Sunday, the North Carolina-based hauler will pay solo...
https://www.freightwaves.com/news/cargo-transporters-raises-driver-pay-again
Less-than-truckload carrier Yellow Corp. announced Tuesday the opening of two driver academies. The new schools are located in the transportation hubs of metro Atlanta and Cincinnati and are part of the carrier’s efforts to onboard new drivers to offset attrition during the year.
“We’re pleased to offer additional driver training locations,” Yellow CEO Darren Hawkins stated in a press release. “Our goal is to train 1,000 new drivers through our academies this year.”
The facilities complement 14...
https://www.freightwaves.com/news/yellow-adds-driver-schools-eyes-training-1000-drivers-in-2022
High demand and a lack of qualified drivers has pushed truckload carriers to raise pay substantially over the past year and a half. Wage increases have helped fleets maintain size through the pandemic, but few have been able to grow organically. Following a round of large pay increases in 2021, it appears the industry will continue to push pay rates higher to address a labor shortfall.
Two more fleets announced pay hikes this week.
Kaukauna, Wisconsin-based Midwest Carriers announced a 9% pay...
https://www.freightwaves.com/news/driver-pay-hikes-continue-to-roll-in
Truckload carriers started raising driver pay nearly a year and a half ago as demand skyrocketed. Following the initial COVID outbreak, consumers changed their spending habits to ready themselves for a prolonged period of at-home living, which meant more trucks would be needed to bring more household and durable goods to market. The need for additional capacity has been tough to meet for an industry that perpetually struggles to recruit and retain drivers.
The pandemic exacerbated a shortfall on...
https://www.freightwaves.com/news/economics-101-trucker-pay-will-keep-moving-higher
Temperature-controlled truckload carrier KLLM Transport Services announced Tuesday its largest pay increase for drivers in the company’s more than 55 years in service. Over-the-road company drivers will see an increase of almost 33% to per-mile pay while regional company drivers and independent contractors leasing with KLLM will see a pay increase of 10% to 16%.
Jackson, Mississippi-based KLLM’s driver academy students finishing training will also see pay move up to 33% higher as they become...
https://www.freightwaves.com/news/refrigerated-hauler-kllm-announces-largest-pay-hike-for-drivers
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https://www.freightwaves.com/news/daily-infographic-lawrence-freight-ups-driver-pay-as-much-as-40
Chuck Kuhn has been president and CEO of JK Moving Services for almost 40 years, but he’s never faced a test quite like this. Kuhn’s company, a medium-size independent moving service headquartered in Virginia, is inherently reliant on drivers to make the business run, but when COVID-19 hit, finding them became near-impossible.
“Prior to the pandemic, by no means was it easy to recruit and retain quality drivers,” Kuhn told Modern Shipper, “but it was nowhere near as difficult as it is today.”
Call...
https://www.freightwaves.com/news/how-smbs-can-win-and-have-won-during-the-pandemic
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 passed off onto shippers and consumers through higher freight rates and transportation costs, fueling inflationary...
https://www.freightwaves.com/news/loaded-and-rolling-driver-recruiting-and-supply-chain-pressures