Economics 101: Driver pay will keep moving higher
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.
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.
Roehl Transport announced its second driver pay increase of the year.
Trimble MAPS worked with Wisconsin trucking company Roehl Transport to implement a navigation system to allow seamless and precise last-mile operations. The companies share their story during FreightWaves’ Enterprise Fleet Summit.
There continue to be concerns about when these new orders will be prepared, as many truck manufacturers continue to deal with semiconductor shortages.
A couple more truckload carriers have announced pay increases for drivers ahead of the new year. Beacon Transport and Bay and Bay Transportation are the latest.
In today’s edition of The Daily Dash, Republic Services has canceled a 2,500-truck order with embattled hydrogen-electric truck maker Nikola Corp. Plus, Forward Air is on the road to recovery following a ransomware attack and Roehl is the latest carrier to announce a driver pay increase.
Roehl Transport joins the list of truckload carriers increasing driver pay to keep trucks rolling during a high-demand environment.
Roehl Transport sees plaintiff attorneys “having a field day” with the current proposal.
Carriers, logistics businesses and technology providers make the cut in 2020.