Survey Says? Most Carriers Looking at Rate Hikes

CHATTANOOGA, TN. — A full 77 percent of carriers polled in the U.S. say they’re going to up their rates for drivers in the coming year.

The American trucking investment consultants Transport Capital Partners (TCP)  recently released the results of the study, which also showed that about 50 percent of those polled expect to hike driver pay by between two and five percent.  (Just for the record, a five-percent hike on $40 grand is $2,000.)

Nearly one quarter of the respondents said they would be raising pay by less than two percent; and 3.3 percent said they were looking at an increase of between six and 10 percent.

In a statement released at the same time as the poll results, TCP said pay hikes might not be enough to keep unhappy drivers on board. “Not getting enough loads, outdated or unsafe equipment, and pushy dispatchers demanding unsafe and illegal driving hours are all just a few of the major reasons drivers decide that it’s time to move on.”

 

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