Stronger fiscal performance this past year for Prime Inc has resulted in increased revenue for its over-the-road (OTR) company drivers, independent contractors, and associates.
OTR company drivers (paid on the OTR per mile basis) started receiving a one cent per mile increase for any loads dispatched after August 3, 2013. In addition, linehaul revenue for independent contractors increased four cents per mile during the past year.
“That success also meant raises for in-house associates,” said John Hancock, Prime Inc director of recruitment and driver training. “Performance from everyone throughout the Prime family has resulted not only in increased revenue but also in improved services across the board. The little things have made a big difference.”
According to the Bureau of Labor Statistics, an estimated 793,470 truck drivers were employed at the end of 2012. Median pay for these drivers is reported at $37,770 per year, or $18.16 per hour.
“Our drivers continually make above industry standards. That is important to us,” said Hancock.
Founded in 1970 by Robert Low, Prime Inc is a refrigerated, flatbed, tanker, and logistics trucking company headquartered in Springfield MO.