Con-way Truckload unveils driver compensation package

May 15, 2007

Con-way Truckload, a full-truckload carrier and subsidiary of Con-way Inc., announced Tuesday, May 15, new pay structures and programs aimed at attracting qualified team drivers to its fleet. The new package was unveiled to current Con-way drivers during the first quarter.

“Our drivers form the foundation of the company, and Con-way Truckload is committed to ensuring that they have modern, safe equipment, a good working environment and excellent, competitive compensation,” says Clay Halla, president of Memphis, Tenn.-based Con-way Truckload. “We are constantly reevaluating and improving our offerings for drivers as we continue to establish ourselves as the premier employer in our industry.”

Con-way Truckload’s portfolio of improvements for drivers includes both compensation- and noncompensation-related benefits. The offerings include:

$3,000 sign-on bonus for new, qualified team drivers;

Payment based on practical miles – payment closer to actual miles driven rather than industry-standard shortest-route compensation, enabling drivers to earn more;

Annual Incentive Compensation Plan (ICP) – a companywide reward of up to seven percent of annual pay for eligible drivers if the company meets its financial goals;

Referral pay for successful recommendations of new and qualified driver teams;

Increased vacation pay; and

Voluntary per-diem pay.

Con-way Truckload says other benefits relate directly to the safety, health, comfort and satisfaction of its drivers:

Modern, comfortable Volvo equipment known for safety excellence;

Increased home time;

Wellness coaches to assist with smoking cessation, weight, sleep and other health issues;

Ergonomically correct seating designed to enhance comfort, reduce fatigue and improve safety;

Uniquely steady freight volumes for steady miles and paychecks;

Electric landing gear to eliminate the need to manually lower dolly legs;

Installed inverters and in-cab refrigerators;

XM Radio equipment with no activation fee; and

Ability to travel with pets.

For more information, go to www.con-way.com/truckload.

Con-way Truckload unveils driver compensation package

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