A&R Logistics is rolling out its largest driver pay increase in the company’s history for its dry bulk, liquid dry bulk and dedicated businesses, effective Jan. 1, 2021.
The company says the increases will depend on region and seniority and will include increases in OTR per-mile rates, guaranteed minimum rates, holiday pay, safety bonuses and other compensation. A&R adds that it plans to raise driver wages by up to 10%.
The company also announced it is looking to hire 130 drivers in the first half of next year.
“2020 has seen unprecedented disruption across chemical and manufacturing supply chains,” said Steve Brantley, senior vice president and chief operating officer of A&R. “In addition to an acute driver shortage, A&R has been forced to hold wages steady due to the impact of the COVID-19 pandemic on our business. With our fleet running at capacity, it’s critical that we both retain our existing drivers and attract new talent to meet growing demand. We’re offering the largest driver wage increases in our more than 50-year company history to do exactly that.”