The American Trucking Associations released the ATA Driver Compensation Study with the first look at the state of the trucking labor market since the end of the recession with data from 2010 and 2011, the new driver compensation study updates the previous report from 2007 and 2008.
It is the trucking lobby’s first report on driver compensation in six years, gleaned from data from publicly held and privately owned nationwide less-than-truckload (LTL), regional LTL, nationwide truckload (TL), regional TL, dedicated carriers, logistic providers, and other companies.
“The trucking industry faces many challenges in 2009,” said ATA president & CEO Gov. Bill Graves. “Appropriately compensating and retaining top-notch drivers is a necessity for companies trying to weather the current economic storm. This study provides very important national and regional data the industry desperately needs today and during the subsequent economic recovery.”
The 96-page report synthesizes information from 155 motor carriers of all types and sizes and includes a variety of data, including:
• Employee driver salaries on national and regional levels;
• Employee driver salaries by carrier type (flatbed, refrigerated, tank truck and more);
• Employee driver benefits, including bonuses, insurance, retirement and vacation;
• Employee driver recruitment, training and retention practices;
• Owner-operator employment and compensation structure; and
• Technician employment, salaries and benefits.