One word, inflation.
and driver pay hasn' kept up with it.
company drivers are paid peanuts
Pay for truck operators has failed to keep up with inflation since 1980, effectively slashing truckers’ wages by nearly a third, according to analyst Gordon Klemp, president of the National Transportation Institute.
"Klemp, who spoke Feb. 26 on a conference call with investors and reporters, said truckers wages averaged $38,618 annually in 1980. If adjusted to 2015 dollars, that would be over $111,000 a year, Klemp said."
Trucker pay has plummeted in the last 30 years, analyst says
1980, the average trucker in America was making an annual salary, adjusted for inflation, equal to more than $110,000 today. Twenty-five years later, truckers make on average about $40,000 a year, working harder, longer hours, and with less job security.
How Trucking Went From One of the Best Jobs in America to One of the Worst
Drivers’ relatively low pay doesn’t surprise Michael Belzer, a transportation economist who has studied trucking industry compensation for more than two decades. Over the years, driver pay has declined relative to compensation of similarly situated workers in the labor market, said Belzer, an associate professor at Wayne State University.
https://www.google.com/amp/s/www.trucks.com/2016/06/14/truck-driver-shortage-self-inflicted/amp/
Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!
Discussion in 'Schneider' started by freightwipper, Jun 1, 2015.
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Change of subject!
Ain't she a beauty.......LOLCaptainDaveG, Cat sdp, sealevel and 3 others Thank this. -
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