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Ports & Transportation

July 11 - Paper Transport, Inc. Announces Second Pay Increase in Six Months

Category: Ports & Transportation

Savannah Business Journal Staff Report

July 11, 2018 - Savannah employer, Paper Transport, Inc., announced a $.04 CPM pay increase for its Class A CDL Regional and Dedicated fleets along with an additional $.50 an hour increase for its hourly professional drivers this past Monday. This is PTI’s second announced pay increase for the majority of its fleets within the last six months.

As a for-hire dry-van trucking company, PTI competes with over 500,000 trucking companies in the U.S. To meet tight capacity demands in a climate of a 3.8% unemployment rate low and driver shortages, PTI strives to offer professional drivers top-tier pay packages.

According to the U.S. Bureau of Labor Statistics, the median annual wage for heavy and tractor-trailer truck drivers was $42,480. PTI’s full-time mileage earners are well above this average, earning $53,000 per year.

“At PTI, we understand the economic climate is ever changing and that our team is affected by those changes,” stated Ben Schill, Vice President of Paper Transport, Inc. “We updated our driver compensation plan to continue to remain a top tier carrier in total compensation in an industry that is always competing for quality drivers.”

In addition to the pay increase, PTI also increased the amount of vacation time and pay across most of its fleets. Now, all drivers will receive two weeks of vacation pay per year. Drivers paid by the mile will earn $170 a day and drivers paid by the hour will receive 8.5 hours per day.

“Increasing vacation time may not seem like a big deal, yet it really is,” explained Schill. “We’re setting a precedence in the industry by offering two weeks of vacation time in a driver’s first year. This allows them to spend more time with their family, which aligns closely with our corporate values.”

Founded 28 year ago in Green Bay, WI, Paper Transport, Inc. is headquartered in De Pere, WI and with terminals throughout Midwest and South. PTI currently operates 730 power-units and 2,400 trailers with a focus on regional truckload, dedicated truckload, and intermodal services. Of its 900 employees, Paper Transport, Inc. employs over 220 truck drivers and 120 office professionals in Northeast Wisconsin and has grown 18-22% each year for the last 7 years. They can be reached at 800-317-3650, This email address is being protected from spambots. You need JavaScript enabled to view it., or www.papertransport.com.

 

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