Nation’s Largest Truckload Carrier Rolls Out New, Increased Pay Package
Schneider National, Inc. Fattens Driver Paychecks Up To $4,500 Per Year
GREEN BAY, Wis. – August 13, 2007 – Schneider National Inc., the nation’s largest truckload carrier, today announced a major pay increase for its company driver fleet. Under the new pay package, effective September 30, drivers at Schneider will earn up to $4,500 more per year. In addition, the company has improved its driver dispatch program to get more drivers home on a weekly basis.
“These pay improvements represent our commitment to providing one of the best total compensation packages in the industry,” said Mark Rourke, Schneider National president, truckload. “It also highlights that drivers and customers are the lifeblood of Schneider National. This pay increase allows us to continue to retain and attract the best and brightest drivers in order to deliver the level of service our customers expect and deserve.”
One of the largest driver pay increases in Schneider history, Rourke noted that the company’s investment in its drivers goes beyond pay to address work-life balance. Recent changes in Schneider National’s driver dispatch system have sweetened driver time at home. Nearly two-thirds of Schneider drivers now get home daily or weekly.
The company’s new compensation program is for Schneider mileage-based over-the-road, dedicated and bulk drivers. Specific details on the pay increase are as follows:
- Inexperienced drivers receive company-provided training and will earn $.30–$.34 per mile ($36,000-$46,000 per year)
- Experienced drivers with one-year experience will earn $.39-$.42 per mile
- Experienced drivers with three-years experience will earn $.40-$.43 per mile
- Experienced drivers with five-years-plus experience will earn $.41-$.455 per mile
Note: Compensation varies by region of the country where the driver operates.
Gordon Klemp, president of the National Transportation Institute, which tracks driver pay trends through its National Survey of Driver Wages, said this pay increase announcement is particularly significant given the softening of the freight industry in 2007. “This increase puts Schneider among the top tier for both pay and benefits, something all drivers are looking for when deciding where they’d like to work,” said Klemp. “Schneider is one of the first truckload carriers in 2007 to announce a pay increase, and drivers will certainly take note.”
The environment for recruiting and retaining drivers is more competitive than ever. “We believe that paying our drivers more is simply the right thing to do,” continued Rourke. “We know our success lies in leading the industry by retaining and building our core of safe, experienced drivers and a reliable workforce to ensure our customers have the service they need when they need it.”
For more information about a driving career with Schneider National, visit www.schneiderjobs.com
or call 1-800-44-PRIDE (1-800-447-7433).
About Schneider National Inc.
Schneider National Inc. is a premier provider of truckload, logistics and intermodal services. Serving more than two-thirds of the FORTUNE 500 companies, Schneider National offers the broadest portfolio of services in the industry. The company’s transportation and logistics solutions include One-Way, Intermodal, Transportation Management, Dedicated and Bulk. With wholly owned subsidiaries Schneider Logistics, American Port Services and American Overseas Logistics, Schneider National is the only truckload carrier to offer customers end-to-end domestic and international logistics solutions.
Headquartered in Green Bay, Wis., Schneider National has provided expert transportation and logistics solutions for more than 70 years. A $3.7 billion company, Schneider National conducts business in more than 28 countries in North America, Europe and Asia and continues to grow its international service offerings. For more information about Schneider National visit www.schneider.com or call (800) 558-6767.
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