Con-way Freight will be increasing its compensation packages for drivers, effective Jan. 4, 2015, it said. The changes provide for increases in current pay rates while reducing the time it takes for drivers to reach top pay scale.
Drivers system-wide will receive pay increases and all locations will have pay rates aligned competitively with each geographic market, Con-way Freight said. With respect to the change in progression to top scale, all locations will be aligned to a common schedule in which drivers will reach top scale at three years from date of hire.
On Jan. 4, all eligible drivers will be adjusted to the applicable new pay rate commensurate with their service time.
This announcement follows the announcement last month of an enhanced driver pay package at sister company Con-way Truckload, which provides nationwide dry-van full-truckload services.
“Our LTL company, along with Con-way Truckload, is facing the most pronounced driver shortage we’ve ever seen,” Douglas W. Stotlar, president and CEO of parent company Con-way Inc. “Con-way Freight provides premium service, and the skill and professionalism of our drivers enables us to keep the promises we make to our customers. This action benefits our people, our customers and our shareholders, and is supported by the improved profitability and efficiencies being delivered by Con-way Freight’s 21,000 employees.”