77% of Carriers Plan to Increase Pay for Drivers

FleetOwner reports that over three-quarters of carriers are planning to give drivers a raise, with close to half of them expecting to increase pay by 2-5%. These figures are based on the quarterly Business Expectations Survey by Transport Capital Partners. TCP Partner Richard Mikes notes that wages in trucking have lagged over the past year when compared to other industries. Healthcare policy is also a concern, due to uncertainty over the fate of the Affordable Care Act. Depending on who wins the Presidential election, the ACA could go into effect, or be overturned. Read the full article here.