Looking for new approaches to driver pay in 2024? Consider these 4 driver pay resolutions this new year
Looking for new strategies or new approaches to your driver compensation programs this year? With a challenging freight environment persisting amid a still-strong labor market, fleets often are walking a tightrope the past 18 months, trying to balance the need to attract and retain their most valuable asset — professional drivers — with the need to maintain profitability while waiting for the freight market to rebound. With that backdrop in mind, NTI’s team of experts has assembled this list of four driver pay resolutions for your fleet to consider this new year and beyond.
Standing out in a crowd: How to shape your fleet’s job opportunities to attract the right drivers
Joining NTI’s Leah Shaver for a recent episode of FreightWaves’ Taking the Hire Road show, JobsInLogistics.com’s Sean Horton shares valuable tips on how trucking companies can stand out to prospective driver candidates and effectively fill job openings with the right drivers.
NTI’s year in review: A look back at 2023’s key driver pay trends, plus a recap of pay strategies, answers to your pay questions, and conversations with industry leaders
‘Tis that time on the calendar: Year-in-review season. With 2023’s story all but wrapped, the team at The National Transportation Institute has compiled some the top driver pay trends and themes of the year, along with a recap of media and free resources made available to your fleet throughout the year.
Connecting with trucking’s next generation: A conversation with Long Haul Trucking’s Anthony Book
In this episode of FreightWaves’ Taking the Hire Road show, NTI’s Leah Shaver is joined by Long Haul Trucking’s Anthony Book, where the two discuss the importance of both external and internal marketing, strategies to engage the next generation of trucking, and the inspiration behind Book’s children’s story, “How Chris and His Trucks Saved Christmas.”
5 ways to sprinkle in some extra holiday cheer for your fleet’s drivers
To help remedy any discontentment arising from these situations and to help add some cheer to your drivers’ time on the road this holiday season, NTI has put together this punch-list of five ways every fleet can elevate drivers’ experience this season and make them feel supported in their work and at home.
‘Self-care isn’t selfish’: The importance of prioritizing personal restoration for everyone in trucking
NTI’s Leah Shaver talks with ReedTMS Logistics’ Eileen Dabrowski about the importance of incorporating self-care and how to get started.
A winning recipe: 6 tips to bake gratitude into your fleet’s driver recruiting and retention programs
While we all gather with friends and family this week to celebrate all the things in life we have to be grateful for, here at NTI, we’re also obviously placing a particular focus on our appreciation and gratitude for professional truck drivers across the country and their dedication to delivering everything that makes the holidays so special — including and especially the meals we gather around this week at our Thanksgiving tables. To that end, we’ve assembled this very quick punch list of ways your fleet can bake gratitude into your driver programs this week and year around to make that gratitude central to the culture at your fleet.
Driver pay in late 2023: From per-mile trends to sign-on bonuses, here’s what the latest data shows
Earnings for professional truck drivers are still climbing despite an ongoing freight market correction cycle that’s been lingering for well over a year and which has chipped into motor carriers’ revenue and profits. The latest data from NTI’s National Survey of Driver Wages, compiled and published for 2023’s fourth quarter, shows that even through that […]
Unlocking the road to driver happiness
In an discussion with NTI’s Leah Shaver on FreightWaves’ Taking the Hire Road show, Drive My Way’s Beth Potratz offered a sneak peak into the company’s Driver Happiness Survey and the takeaways your fleet can use in your driver recruiting and retention programs. Watch or listen to the episode here.
Struggling with driver productivity and quit rates in a tough freight cycle? Here are 3 ways to communicate with drivers and raise the bar of expectations
Between recent pay raises, how the driver job has evolved over the past few years, and changes in expectations of both the workforce and employers, fleets are finding it hard to keep their people incentivized and productive absent continued aggressive pay raises, which just aren’t happening in today’s freight market. So, as a fleet leader, how do you get there? How do you resolve these challenges at your company?