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Benefits of time-based pay for truckers

Liquid Trucking invests in tech and driver pay for 2021

Jan 18, 2021 For the past two years, Liquid Trucking’s plans for growth have been stunted by unforeseen events that lend credence to a centuries-old warning in Shakespeare’s Julius Caesar: “Beware the Ides of March.” In March of 2019, heavy rains in Nebraska and other Midwestern states caused flooding of the Missouri River and its tributaries. Faced with imminent danger, the owners of Liquid Trucking had 12 hours to evacuate the property near the Platte river in Plattsmouth, Neb. Some areas of the property were under 10 feet of water for several days. Despite this setback, Liquid Trucking entered 2020 with momentum only to be hit by a different type of storm in mid-March from the COVID-19 pandemic.

Fleets taking steps to advance time-based driver pay

Jan 12, 2021 Mileage has traditionally been used by truckload carriers as the basis for pricing loads, billing customers and paying drivers. In this low-margin industry, however, time has always been the more important denominator. ELDs have been the impetus for motor carriers moving to time-based driver pay models. Increasingly, motor carriers are converting to time-based measurements to create alignment between these critical business processes. As part of this effort many are using their data and information systems to create hourly and salary driver pay models. Electronic logging devices (ELDs) were the impetus of this change by creating operational visibility of where time and money is being wasted. Beyond ensuring drivers are complying with hours-of-service rules, the technology captures a minute-by-minute record of the 14-hour duty cycle to see where time is used on productive and non-productive activities.

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