Commercial Auto Icon

Commercial Auto

Explore all of the policy options available to you.
Get a Quote
Physical Damage Icon

Physical Damage

We are happy to assist you in selecting the best coverage.
Get a Quote
Motor Truck Cargo Icon

Motor Truck Cargo

We get you the right coverage for the right price.
Get a Quote
Non-Trucking (Bobtail) Icon

Non-Trucking (Bobtail)

We offer free quotes and dedicated personal service.
Get a Quote
Passenger Accident Icon

Passenger Accident

We offer policies to protect your passengers.
Get a Quote
Unladen Liability Icon

Unladen Liability

Get affordable coverage that meets all your needs.
Get a Quote
Home » What are Trucking Companies Doing to Solve the Driver Shortage?
May 9, 2018

What are Trucking Companies Doing to Solve the Driver Shortage?

With the trucking industry facing driver shortages, it has caused many companies to reflect on what other companies are doing to address this issue.


Signing Bonuses

Companies are offering experienced drivers (one year plus) anywhere from $2000 to $10,000 bonuses.  


Base Pay

Truck drivers are being offered $0.50 and up as base pay. 


Pay Increases

Drivers at all experienced levels can receive pay raises with as little as three months experience (a $0.02 per mile raise) up to those with two years or more experience (a $0.05 per mile raise).


Lifestyle Enhancements

Some companies are allowing their drivers to bring along riders and pets, offer in-cab DirecTV, and/or guarantee they will be home 3 of every 4 weekends.    Performance Bonuses Pay is being offered at some companies if a driver achieves certain safety, fuel-economy, miles driven and/or on-time delivery KPIs. 



Several benefit options are being offered to the drivers including low cost medical, dental, life, and disability insurance.  401K with company match, direct deposit, paid weigh station bypass and tolls, profit sharing, and/or paid vacations are also being made available.


Referral Bonuses

Drivers are being offered referral bonuses if they can encourage their experienced friends to join the team.


In summary, the driver shortage will definitely help boost the driver compensation but trucking companies need to also adjust to the current realities of what it takes to hire good experienced drivers.

Leave a Reply

Your email address will not be published. Required fields are marked *

TRINITY INSURANCE SERVICES, LLC dba in California as Trinity Commercial Insurance Services LLC & in New York as Trinity Commercial Insurance Services LLC.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

©2024. All rights reserved. | Powered by Zywave Websites