I've been working at Magnum for 13 years and we have a great team with 35-40% driver turnover which is half the industry average. I'd like to respond to the previous comments and answer some questions. Why does the company wish to pay a top driver wage? Easy answer, driver retention. This boosts our service and gains long term customers which in the end the drivers control - the company can dispatch whatever they want but realizes its ultimately up to the driver to get the load there on time. Common sense. It costs companies $2-4K to replace a driver. Cut that turnover in half and you can pay an extra few cents a mile and have better customer service with no extra cost to the company. Honestly the attitude of senior management is that drivers should be making six figures. It's one of the hardest jobs in the world these days to drive OTR and to keep people incented pay needs to keep climbing. The second comment to say 90% of loads are 500 miles or less is nonsense. Our average LoH is 1000+ miles and that includes the short runs to reposition for head hauls. We run from the northwest to the east cost and you can do the math on that one. Is every run long haul? No, but we are known to our customers as a long haul carrier which is unusual these days. So to imply as an OTR driver we are not a long haul carrier is nonsense. We have a regional and LTL division if people want local and short haul work but those divisions do not use performance based pay so clearly the driver stating the below is simply not being honest or had very limited experience. Are we perfect operationally? Absolutely not but if you are a good communicator you will do well at Magnum and frankly all companies need to continuously improve which is something we take seriously at Magnum.
The company has a "Paid by Performance" program, meaning you get paid if you meet certain criteria. The criteria however, is set by Magnum, and it is not clearly defined. Ask them for a list of the criteria, you won't get one, it doesn't exist.This is best described as the "Fox guarding the Hen house". For example, one of the criteria is a " certain" miles per month. If you don't reach that goal, you don't meet their "Paid by Performance" standard. Here's the catch, "they" dispatch you. So, if "they" don't want you to reach the "Performance" criteria, they simply dispatch you on runs that fall short of the miles needed to qualify . If you need 12,000 miles to qualify, they just dispatch you on 11,000. Guess what? You don't qualify for the so-called "Paid by Performance". Sorry Driver, you're not eligible. They make money by keeping wages low as possible. Ask yourself this "Why would a company dispatch you so that you would reach maximum pay?" They wouldn't, bottom line. Why pay a driver maximum pay, when you can simply say "You didn't qualify". And, about that "non-existent" list. If you qualify for the miles, they simply say " You didn't meet this criteria". The "Fox is guarding the Hen house". They win, you lose. If you think you're going to drive for .50 cents a mile you're dreaming. It ain't gonna happen. The higher the pay, the less the miles. And, guess what, you didn't qualify. Get the picture? Here's how it works: 90% of their runs are 500 miles or less. Good pay for them and nothing for you. First, you need to load (3 hours) and next, deliver (3 hours). You would need to deliver 24 loads a month to meet the "Performance". There are only 30 days in a month driver. Sounds good until you do the math. Cut and dried , it's impossible. You will starve in a month. Oh well, next driver please. The only winner in "Paid by Performance" is a total screw job. Don't fall for it.
A medium-sized reefer carrier with owner aspirations to be a big player. Tiny, region-based dispatch open standard business hours. Decent starting carrier. Top 50 CPM requires constantly calling for loads (preplans uncommon), live in MN or NC & out for 3+ weeks.
Excellent reefer company. Top notch equipment. All trucks have fridge, APU, and inverter. Little to none micromanagement. No New England, NY, California, south west. A lot of Midwest, Northwest, and South.
Really fantastic reefer company. Top of the line Peterbilt equipment (governed at 64mph). Home time as often as you want as far as I can tell (I'm sure there's a limit). $0.50/mile top pay (count on $0.48 without going above and beyond). 3000+ miles/week is more than doable if you rarely take time off like myself. Average is probably somewhere around 2500.