Mineral Wells Index, Mineral Wells, TX

Online Only

February 9, 2013

Job seekers find a big rig pays off

(Continued)

"We're hauling everything from raw materials to finished goods, so we're the entire supply chain," Costello said. "It's a great reflection of the tangible economy, everything that's manufactured, wholesaled and retailed. You can't put services in the back of a truck."

Trucking shares rose to a record last month. The Bloomberg U.S. Trucking Index of 24 companies including J.B. Hunt Transport Services and C.H. Robinson Worldwide closed at 125.12 on Jan. 28, the highest in almost two decades of history after advancing 24 percent from last year's low of 101.02 in August.

Listings for truckers showed the biggest increase last year among 31 occupations, according to JobDig, operator of the LinkUp.com job search engine that matches drivers with companies. The 12,472 new listings and 34,104 total positions posted in the fourth quarter both more than tripled from first quarter levels, according to data from the Minneapolis-based firm, which tracks openings at 25,000 firms.

JobDig Chief Executive Officer Toby Dayton said some trucking firms are turning down business because of driver shortages. They are paying higher salaries, offering signing bonuses and paying for training, certification and licensing for new drivers, he said.

"They know that wages are going to have to go up in this area if they want to get their trucks on the road," Dayton said. "They literally have trucks sitting in lots that aren't moving and they've got to turn down jobs if they can't get drivers for 17 trucks that they have in St. Cloud, Minn. There's a very high level of frustration."

Some companies are paying bonuses of as much as $5,000 for drivers who stay for at least a year and are even starting their own training programs, said Charles Clowdis, managing director of transportation advisory services at IHS Global Insight in Lexington, Mass. He sees the need for recruits in newspaper ads and on the air.

Text Only
Online Only
Featured Ads
Mineral Wells Index


Click on a photo to visit our SmugMug page

Front page
Seasonal Content
AP Video
Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires Raw: Ukraine's Donetsk Residents Flee Senators Push to End Hamas Threat in Cease-Fire A Young Victim's Premonition, Hug Before MH17 U.N. School in Gaza Hit by Israeli Strike Raw: Deadly Storm Hits Virginia Campground Officials Warn of Avoidable Death in Hot Cars Death Penalty Expert: 'This is a Turning Point' House Committee at Odds Over Obama Lawsuit Raw: MH17 Victim's Bodies Arrive in Netherlands Raw: UN School Used As Shelter Hit by Tank Shell Raw: Gunmen Attack Iraqi Prison Convoy Plane Leaves Ukraine With More Crash Victims The Rock Brings Star Power to Premiere Raw: Families Travel to Taiwan Plane Crash Site Arizona Execution Takes Almost Two Hours Crash Kills Teen Pilot Seeking World Record
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Stocks
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Must Read