Trucker Pay Is Increasing, but a Driver Shortage Remains
The massive shortage of truck drivers in the US is boosting drivers' pay — but it isn't enough to fill job vacancies in the industry.
Many drivers are moving among trucking companies for better salaries, CNN reported.
Daniel Walton, a 47-year-old truck driver with Roehl Transport, told CNN that his salary had increased to about $70,000 from $40,000 a few years ago.
"You hear numbers thrown at you, there is a temptation to go elsewhere," he said.
Walton said he knew drivers who were using the pay raises to cut their driving time and spend more time at home. He said he drives four weeks out of five and helps train new drivers.
Some drivers still quit quickly because of stress or homesickness, he said.
Roehl said in April that it would increase truckers' pay for the second time this year. In total, it said, its salaries would be about $4,000 to $6,000 higher.
"We have to offer that addition pay to be competitive," Tim Norlin, Roehl's vice president of driver employment, told CNN.
In April, the trucking firm CR England announced its largest driver-pay raise in its history and its third pay hike in three years. It said its pay had increased by more than 50% since 2018.
Driver scarcity and staggering e-commerce sales have made trucking expensive. Insider reported in September that data indicated retailers were spending about 30% more than they were in 2019 to transport their goods via truck.
"Our customers have been very understanding that it's necessary to raise rates," Norlin told CNN. "I could literally hire 500 to 1,000 more drivers — we have the business offerings from customers to keep them busy."
This article originally appeared on Business Insider