* California - Trucking firms will pay more to "seat" and keep experienced truck drivers in 2016
-- Softer demand for trucking services may have dampened pressure on truck driver pay, but it hasn’t removed it... With the national unemployment rate at 5 percent, and construction companies hiring tens of thousands of workers, trucking firms will have to pay more to "seat" and keep experienced truck drivers in 2016... Barring an economic surge, they're likely to use more targeted pay hikes and look for other ways to boost compensation... U.S. trucking operators began increasing driver pay in waves in 2014 as freight demand rose, racking up double-digit percentage wage hikes by 2015... Whether driver pay increases accelerate more sharply or more moderately in 2016 depends on the route the U.S. economy takes. A economic uptick that generates more freight demand could put more pressure on carriers to raise paychecks — as well as shipper rates — to higher levels faster...
Los Angeles, CAL, USA - JOC, by William B. Cassidy - Jan 11, 2016Labels: truck drivers payment
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