BOLTON, ONTARIO, June 05, 2018 (GLOBE NEWSWIRE) — Titanium Trucking Services Inc. (“Titanium” or the “Company”), a leading provider of transportation services throughout North America, is pleased to announce that the Company has approved a second round of pay increases for its cross-border company drivers.
The following wage increases have recently been approved:
- Flatbed mileage: 60 cents/mile
- Flatbed hourly: $28/hr
- Van mileage: 56 cents/mile
- Van hourly: $25/hr
Effective January 1, 2018, Titanium had also increased van owner operator rates to 70% of revenue and flatbed owner operator rates to 75% of revenue. Currently the Company is one of the best paying carriers in the industry.
“We recognize that our drivers are the backbone of our Company,” said Marilyn Daniel, COO of Titanium Transportation Group and VP of Titanium Trucking Services. “We are able to deliver excellent customer service as a result of our reliable, efficient and well qualified driver group. We are able to attract and retain the best drivers because of our professional culture of equity and respect.”
As part of its existing compensation package, Titanium offers a bonus plan for safety and maintenance performance objectives and is the only Canadian trucking company that offers a share purchase plan for all of its drivers.
Titanium is a leading asset-based transportation company servicing Canada and the United States, with approximately 450 power units, 1,500 trailers and 500 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to over 1,000 customers.
Titanium Trucking Services Inc.
Manager of Driver Development