IMC Companies Addresses Driver Shortage with Largest Pay Raise in Company History
(Memphis, TN) – Drivers for Memphis-based Intermodal Cartage Company, part of the IMC Companies family of brands, will get a pay raise averaging more than 30%, effective April 15. This is the largest pay raise in the company’s history.
This proactive increase by the nation’s largest, marine drayage company is in response to the critical driver shortage. Currently 90,000 drivers are needed nationwide and, according to the American Trucking Association, hundreds of thousands of new drivers will be needed to meet the rising demand over the next decade. IMC Companies is also involved with the American Trucking Association and supports legislation to expand interstate trucking opportunities to include drivers between the ages of 18 and 21.
“The ATA notes that more than 70% of goods consumed in our country are moved by truck, so investing in drivers literally keeps America moving,” said Mark H. George, Chairman of IMC Companies. “Our effort to increase driver pay ensures that we will continue to be able to provide the superior service on which our customers depend.”
The average age of a commercial truck driver is 55 years old and only 6% of truck drivers are female, according to the U.S. Bureau of Labor and Statistics.
“Proactive efforts like ours, paired with an emphasis on quality equipment and efficiency at the rails, ports and customer sites, will help us to work together through the driver shortage,” says George. “Our goal is to retain seasoned drivers while attracting new talent to our growing industry.”
About IMC Companies:
IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, expedited services, customs brokerage, truck brokerage, freight forwarding, warehousing, chassis provisioning and secured container storage. IMC Companies has more than 2,300 team members dedicated to providing exceptional international supply chain solutions. The IMC Companies family of brands includes Atlantic Intermodal Services (AIS), DNJ Intermodal Services (DNJ), Gulf Intermodal Services (GIS), H&M Intermodal Services, IMC Global Solutions (IGS), Intermodal Cartage Company (IMCG), National Drayage Services (NDS), Ohio Intermodal Services (OIS), and Progressive Transportation Services (PTS). To learn more about the IMC Companies family of brands, visit www.imccompanies.com.
Posted: April 18, 2018