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The tight US labor market has not spared the trucking industry, where “help wanted” pleas are plentiful, wages are on the rise, and drivers have recently scored signing bonuses of up to US$20,000. In an economy that hauls more than US$12 trillion in freight annually, the problems facing trucking have drawn the attention of US President Joe Biden, who is seeking to restore his political fortunes as US faces the highest inflation in nearly 40 years. Biden’s administration has convened a task force to examine the supply chain snarls partly blamed for the price increases and shortages, inclu...

The tight US labor market has not spared the trucking industry, where "help wanted" pleas are plentiful, wages are on the rise, and drivers recently have scored signing bonuses of up to $20,000.

While leased owner-operators are least likely to experience such new pay plans, small fleet owner-operators with authority appear to be leaders in trying newer models.

Big G Announces New Weekly Minimum Pay Program Big G Express, a 100% employee-owned truckload carrier headquartered in Shelbyville, Tenn., recently announced a new weekly minimum pay program for its new and current drivers. Beginning February 1, 2021, the new $1,000 per week minimum pay program launched to help its drivers add more stability to their finances. “One of our goals is to take some of the stress out of our drivers’ week due to the unknowns like time getting loaded/empty or countless other unexpected things that can happen day to day in the trucking industry,” said Chris Kell...