Muskogee employer Paper Transport, Inc. announced a four-cent CPM pay increase for its Class A CDL Regional and Dedicated fleets along with an additional 50-cent-an-hour increase for its hourly professional drivers. This is PTI’s second announced pay increase for the majority of its fleets within the last six months.
As a for-hire dry-van trucking company, PTI competes with more than 500,000 trucking companies in the U.S. To meet tight capacity demands in a climate of a 3.8 percent unemployment rate low and driver shortages, PTI strives to offer professional drivers top-tier pay packages.
According to the U.S. Bureau of Labor Statistics, the median annual wage for heavy and tractor-trailer truck drivers was $42,480. PTI’s full-time mileage earners are well above this average, earning $53,000 per year.
“At PTI, we understand the economic climate is ever changing and that our team is affected by those changes,” stated Ben Schill, Vice President of Paper Transport, Inc. “We updated our driver compensation plan to continue to remain a top tier carrier in total compensation in an industry that is always competing for quality drivers.”
In addition to the pay increase, PTI also increased the amount of vacation time and pay across most of its fleets. Now, all drivers will receive two weeks of vacation pay per year. Drivers paid by the mile will earn $170 a day and drivers paid by the hour will receive 8.5 hours per day.
The company can be reached at 800-317-3650, firstname.lastname@example.org, or www.papertransport.com