What’s happening with driver pay at private fleets? Benchmarking activity tells a much different story than at for-hire carriers
While driver compensation at for-hire motor carriers has mostly been in a holding pattern since the beginning of 2023, driver compensation data for private fleets — those who run trucking fleets hauling primarily their own companies’ freight — tells a different story: they have been highly active in benchmarking and adjusting their pay packages amid a push to fortify their transportation networks and recruit and retain the drivers they need not only for today, but for the next freight cycle, too.
Beyond ‘turning the dollar’: Reflecting on hope and connection in business, life, and trucking
In trucking, these themes are so relevant, too, not only in the annual holiday season, but throughout the year every year, and especially in this tough economic season we’ve been in over the past two years.