• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • BLOG
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » National Transportation Institute Announces Release of Quarterly National Survey of Driver Wages for Q1 of 2019

National Transportation Institute Announces Release of Quarterly National Survey of Driver Wages for Q1 of 2019

June 11, 2019
SupplyChainBrain

The National Transportation Institute noted a significant change in the pace of pay moves by carriers and historic mileage pay rates within the findings shared in its National Survey of Driver Wages report for the first quarter of 2019. Featuring a process that includes proprietary research tracking more than 70 unique attributes, the NSDW is distributed exclusively to NTI subscribers.

 

In its quarterly study of key driver compensation categories for OTR and Regional fleets, NTI found that, while the acceleration of pay moves has decreased, the pay changes that were made do rank as substantial. According to NTI, the trends from Q1 of 2019 point to the continued difficulty in attracting and keeping highly qualified drivers. 

 

The Q1 findings in the NSDW make note that the industry is reaching unchartered territory in the area of mileage pay, with rates of up to 65 cents per mile for solo drivers.

 

“Our subscribers tell us that, while freight has dropped and driver turnover has increased, the need to monitor driver pay attributes that produce desired outcomes remains especially high. Some of these outcomes include referrals, safe, productive driving and fair compensation for down time,” said NTI Chief Operating Officer Leah Shaver.

 

The NSDW also reports on trends related to guaranteed pay and sign-on bonuses. While the sign-on bonus continues to hold a traditional spot in the driver recruiting toolbox, the Q1 NSDW notes that some recruiters are beginning to take the viewpoint that guaranteed pay and transition bonuses are a better reflection of a driver’s value.

 

“Our observation is that in Q1 the size of signing bonuses continues to decrease, although the number of carriers offering bonuses continues to remain fairly high. At the same time, carriers that are utilizing some form of guaranteed pay are seeing a positive impact on turnover and hiring,” said NTI CEO and founder Gordon Klemp.

 

About The National Survey of Driver Wages

The National Survey of Driver Wages is the gold standard of compensation research for Recruiting, Retention and Compensation executives at Dry Van, Temperature-Controlled, Flatbed and Tanker fleets nationwide to benchmark critical costs, monitor trends, and make strategically informed decisions. Based on proprietary research tracking more than 70 unique attributes of Regional and OTR driver compensation packages, the quarterly report enables its subscribers to monitor key industry information on mileage rates, accessorial pay, bonuses, benefits and corporate policies for both company drivers and owner operators at Publicly-traded and Privately-held For-Hire Carriers.

RELATED CONTENT

RELATED VIDEOS

Logistics LTL/Truckload Services Transportation & Distribution
  • Related Articles

    Nation's Transportation System Inadequate to Meet Growing Needs of Business in Rural America

    Proposed National Rail Plan Should Be Part of Overall Transportation Policy

SupplyChainBrain

100 Great Supply Chain Partners Issue 2009

More from this author

Get regular updates!
Subscribe to our newsletter

Enjoy curated articles directly to your inbox.

Popular Stories

  • 1115_chinarareearthminerals

    Podcast | Can China’s Monopoly on Rare Earth Minerals Be Broken?

    Sourcing/Procurement/SRM
  • 1111_makeorbreakblockchain

    The Element That Can Make or Break Blockchain for the Supply Chain

    Technology
  • 1125_themodernfactory

    The ‘Modern’ Factory Remains a Dream for Many Manufacturers

    Technology
  • 1118_howconsumerproductscompanies

    How Consumer-Products Companies Are Wasting Their Digital Spend

    Technology
  • 1122_forcedlaborinindia

    Podcast | This Campaign Is Out to Stop Forced Labor in India

    Sourcing/Procurement/SRM

Digital Edition

55746

Subscribe today and receive the latest issue

Start Your Subscription

Case Studies

  • Manufacturer Slashes Shipping Costs With AI Packaging Solution

  • Apparel Retailer Saves $45 Million With Reverse Logistics Solution

  • QuestaWeb Configures Fragrance Company’s Complex Procedures Into Its Advanced FTZ Software

  • Business Turnaround: Integrated Business Planning as a Management Tool

  • How a 3PL Reduced Rejected Deliveries Using LoadProof

Visit Our Sponsors

  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • The Magazine
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • 100 Great Partners Form
  • Resources
    • Newsletters
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us

All content copyright © 2016 - 2018 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing