Groendyke Enacts Truck Driver Pay Raise
Groendyke Transport of Enid, Okla., has adopted what it says is the largest driver pay raise in the company’s history.
Scheduled to take effect this month, the raise includes a mileage pay increase across the board of up to 6 cents per mile and an average hourly non-revenue rate increase of 9.4 percent for all drivers. In addition, Groendyke’s chemical drivers will receive a flat-rate increase that will bump their pay “significantly.’’
Demand for trucking is on the rise, and the number of available drivers isn’t keeping up. American Trucking Associations (ATA) estimates the current driver shortage at about 50,000. That is projected it to grow to 175,000 by 2026.
Groendyke’s driver pay increases are part an ongoing effort with its customers to address driver pay., the company said. In 2017, Groendyke changed its safety bonus pay structure, resulting in higher earning potential for meeting safety goals and an increase in bonus payout from the previous year.
“Our customers recognize the value of safe, reliable, professional drivers, and together we’re dedicated to preserving their well-being,’’ said Greg Hodgen, Groendyke’s president.
One of the nation’s largest tank-truck carriers, Groendyke specializes in the transportation of fuels, chemicals and other hazardous materials. The company is the only seven-time winner of National Tank Truck Carriers’ “North American Safety Champion’’ award for the best overall safety record, officials said.
Over the past six years, Groendyke has invested more than $145 million on tractors, trailers and terminal upgrades, according to the company.
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