U.S. trucking companies are scrambling to hire more drivers as roaring consumer demand and tight shipping capacity stoke a resurgent freight market.
Knight-Swift Transportation Holdings Inc., the largest truckload carrier in North America, is the latest trucking company to raise pay. It said last week that its wages for recently certified drivers have jumped by 40% or more in recent months.
The company said its driving-school graduates are on track to earn more than $60,000 a year in their first year after training. Median pay for heavy-truck and tractor-trailer drivers last year was $47,130, according to the Bureau of Labor Statistics.
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Knight-Swift Transportation Holdings Inc., the largest truckload carrier in North America, is the latest trucking company to raise pay. It said last week that its wages for recently certified drivers have jumped by 40% or more in recent months.
The company said its driving-school graduates are on track to earn more than $60,000 a year in their first year after training. Median pay for heavy-truck and tractor-trailer drivers last year was $47,130, according to the Bureau of Labor Statistics.
Trucking Companies Boost Pay in Hunt for Drivers as Demand Surges
U.S. trucking companies are scrambling to hire more drivers as roaring consumer demand and tight shipping capacity stoke a resurgent freight market.