Werner Enterprises Inc. announced a pay increase of 8 cents per mile for its solo van owner-operators who run nationwide routes that provides an increase of about $10,000 in gross revenue annually.
“As we aim to grow certain aspects of our fleet, we continue to examine and adjust payment packages where it makes sense for both retention and expansion,” said Derek Leathers, Werner’s president and COO. “Professional drivers are vital to our business and our nation’s economy, so it’s important that we compensate them accordingly.”
The increase affects about one-third of the company’s owner-operator fleet. In total, Werner has more than 700 owner-operators, according to its third-quarter earnings report, accounting for about 10% of its driver corps.
The company, which ranks No. 16 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, also is seeking to add owner-operators for its dedicated runs and raised pay by an unspecified amount for regional owner-operators. In addition, the company offered a special interest rate of 7.99% for truck purchases.