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Schneider adds another Van Truckload driver pay increase in 2018

VTL Truck Driver Pay Increase for 2018

Even after multiple pay increases in 2017 and an improved performance pay program in 2018, Schneider is proud to announce another upgrade to driver pay:

Effective February 11, 2018, Schneider is increasing driver pay by up to $.04 per mile for many Van Truckload drivers.

  • Teams can earn up to $.56 per mile base pay
  • Over-the-Road drivers can earn up to $.52 per mile base pay
  • Regional drivers can earn up to $.50 per mile base pay

Pay increase amounts will vary by experience level and geography, but all Van Truckload drivers of all experience levels have seen one or more market-based mileage rate base pay increases in the last year!

Average solo Van Truckload Over-the-Road mileage rates have increased almost 15 percent in the last two years, with Regional and Team mileage rates close to 10 percent.

Driver base pay increase, plus …

In addition to the increase in the mileage rate base pay, drivers have additional opportunities to earn more through:

  • Automatic increases — three in first year and annually until top base pay achieved
  • Performance pay – up to another $.04 per mile added to weekly pay
  • Accessorial pay – mostly no-touch freight, but more pay when it’s not
  • Sign-on bonuses – on many positions (e.g. limited-time Team bonuses up to $15,000 — per driver)
  • Referral bonuses – up to $3,000 for each company driver or owner-operator you refer who joins Schneider — driving school classmates, team partners, relatives and friends

Your earning potential

Factoring in the new pay increase and additional opportunities above, Van Truckload drivers now have significantly higher earning potential than even just a few years ago.

Back in 2014, the highest level an experienced solo driver could reach was $.38 per mile, plus a potential $.02 per mile quarterly performance bonus. Today, that’d be $.52 per mile base pay plus a potential $.04 per mile in performance pay added to weekly pay.

From $.40 to $.56 in earning potential — that’s a 40% increase in earning potential in just 3.5 years! Plus, sign-on bonuses and an unlimited number of referral bonuses!

Don’t forget these benefits

Pay is obviously a huge part of driver compensation, but when considering an employer, you need to consider the overall pay and benefits package, which, at Schneider, includes the following above and beyond everything above:

  • Medical, dental and vision insurance, plus flexible spending options
  • A leading 401(k) plan with company match
  • Paid orientation and time off
  • Up to $7,000 in driving school tuition reimbursement (paid at $200/month)
  • Paid CDL training program and refresher course options
  • Credit for Military Experience program and more military benefits
  • A nationwide facility network packed with free driver amenities
  • More — learn about all driver benefits

Read more about our pay and benefits.

At Schneider, you’ll earn what you deserve and have options for medical, dental, vision, paid-time-off and more.
About the author
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Pat has been with Schneider for 36 years, and is currently Senior Transformation Partner for Driver and Owner-Operator Compensation and Hire-to-Pay Processes. He works to ensure accurate and timely compensation that is market competitive and performance based, designed to attract and retain driver associates. He has held several other roles, including Regional Operation Director, Director of Van Operations Support, Director of Pay Services and Operation Center Manager.

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