Panther to pony up $15,000 sign-on bonus for top owner-operator teams

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Updated Apr 30, 2012

Panther Expedited Services is implementing a new owner-operator sign-on bonus of up to $15,000 for tractor teams and straight truck teams.

“We work with the best owner-operators in the business, and we’re willing to give them a substantial incentive to partner with us,” says Kyle Mitchin, director of recruiting at Seville, Ohio-based Panther. “The highly qualified teams we seek are the ones who go above and beyond to serve their customers, so we’re going above and beyond when it comes to their bonuses.”

While sign-on bonuses will be available for all new Panther contractors, the top payout will go to tractor teams and straight truck teams who have their hazmat endorsement, passports and a secret security clearance. Those teams will be eligible for up to $15,000 in bonuses, paid to the truck over a 180-day period.

“These owner-operators deserve a top bonus for meeting our qualifications,” Mitchin says. “We have a high business volume right now, and it’s a great opportunity for teams who are looking for industry-leading compensation with a top rewards program.”

The sign-on bonus is available immediately for new straight truck teams. New tractor teams will become eligible for the bonus beginning March 1.