Overdrive

January 2015

Overdrive Magazine | Trucking Business News & Owner Operator Info

Issue link: http://read.dmtmag.com/i/441527

Contents of this Issue

Navigation

Page 18 of 71

January 2015 | Overdrive | 17 ATA report shows driver pay averages Truck driver pay is at or above the U.S. household median income, according to a report by the American Trucking Associations, which surveyed 115,000 company drivers and 17,000 owner-operators about their 2013 pay and benefits. The report concludes that fleets are doing a good job compensating drivers. The data "shows that now more than ever, trucking is an excellent career path," said Bob Costello, ATA chief econo- mist. "Fleets are raising pay and offering generous benefit packages in order to attract and keep their drivers in the face of a growing driver shortage." Median driver pay in 2013 for national truckload van drivers was $46,000, which was $7,000 lower than the U.S. median household income of $53,000, ATA says. Private fleet drivers pulled in about $73,000, about 60 percent more than the median truckload pay. ATA's report also indicates there may be a trend among carriers of moving away from traditional mileage-only pay in lieu of multiple base pay packages. Forty-two percent of the carriers included in the study used two types of base pay methods, and 35 percent said they used three or more, while 23 percent reported using just one base pay method. Nearly 80 percent of carriers offer paid holidays off and match employee contributions to a 401(k) plan, ATA's report says. – James Jaillet

Articles in this issue

Links on this page

Archives of this issue

view archives of Overdrive - January 2015