Federal statistics show company drivers' wages have dropped

| 9/15/2005

Company drivers haven’t fared well in recent years, according to the Bureau of Labor Statistics, but it doesn’t have any wage information for owner-operators

Wayne Shelley, an economist with the bureau, told Land Line that company drivers’ wages increased 6.7 percent from 1997 to 2004, from $13.92 per hour to $14.85 per hour.

“Over that same time period, the consumer price index increased 17.8 percent, so the hourly increases did not keep up with the consumer price index,” he added.

In other words, wages for company drivers aren’t keeping up with inflation.

Shelley said another factor in the wage picture is hours worked per week, which increased slightly – from 39.9 hours to 40.5 hours – between 1997 and 2004. This means that weekly wages went up, from $555 per week in 1997 to $601 in 2004, but drivers have to work longer hours to get those wages.