Two major trucking companies raise driver pay again
Yesterday two trucking companies announced pay increases for many of its drivers.
Carriers Crete Carrier and Shaffer Trucking will increase the salary of truck drivers from national and regional fleets beginning May 1. The starting wage for OTR drivers will now be 59-65 cents per mile.
The companies say that trucking pay based on practical miles. It is on average 3-5% more than mileage-based pay on short routes.
“This pay increase is driven by an expected economic recovery as the nation begins to emerge from the COVID-driven downturn” said Crete Carrier Corporation President and COO Tim Aschoff.
Ashoff also noted that a strong customer base helps Crete Carrier and Shaffer Trucking adapt to the new conditions. Now half of the best OTR truck drivers from two companies will now earn an average of $89,300 per year.
“And we’re happy to do that,” Aschoff said. “We know that we need to lead the industry and pay drivers what they deserve.”
Let us remind that Nebraska-based Crete Carrier Corporation is a family-owned company with some 5123 truck drivers. The company reportedly contributed $ 12 million in profit sharing to employees’ retirement accounts in 2020.