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After implementing substantial driver pay increases in recent years, carriers are now looking to protect their margins in a freight market downturn without cutting wages and risking capacity.

The Cookeville, Tenn.-based transportation and logistics company said these regional drivers saw their compensation increase to 64 cents per mile.

Maverick Transportation increased pay for drivers in its glass over-the-road driving division, the company announced June 2.

Many factors contribute to a fleet's ability to attract and retain drivers, and pay tops the list. Often, drivers will naturally look to it as the differentiating factor in a job.

The trucking industry continued to increase overall pay for drivers in 2023 despite a freight market downturn, American Trucking Associations reported Sept. 3.

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

To remain competitive in a challenging labor market, trucking companies and fleet operators are exploring performance-based pay models to help boost driver retention and recruiting.

Truck drivers saw their pay increase in 2021 — some significantly — according to a new study from American Trucking Associations.

The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.

Walmart Inc. made a big splash recently with the news that it was boosting its overall pay package for first-year drivers to as much as $110,000 a year. But its new compensation package for drivers of all experience levels covers more than just pay per mile.