Falcon Transport Announces Pay Increase
For Immediate Release
Falcon Transport Announces Pay Increase
YOUNGSTOWN, OHIO Falcon Transport of Youngstown, Ohio is implementing a pay increase for all company drivers in their van divisions. Effective July 1, 2006, the starting mileage pay rate for non-dedicated van automotive drivers will increase to $.30 per mile. In a similar move, the starting pay for general commodities van drivers will increase to $.31 per mile.
The pay scale has increased across the board with experienced drivers having the opportunity to earn up to $.40 per mile.
These new pay increases allow Falcon to positively affect van driver wages. While these increases apply to van mileage drivers, the company`s flatbed drivers (paid on a percentage of revenue basis) have seen steady increases since January, 2005 through improved sales efforts.
Falcon has also revised their benefit package, now offering free medical health care premiums for their company drivers. "Buy-up" coverage is also available to include dependents, with additional health care coverage available including dental, vision, and disability. Falcon`s 401K retirement and profit sharing features a company match of $.25 on every dollar invested up to up to 6% contribution and employees are now completely vested after 4 years.
The Falcon fleet has grown to over 1,000 power units operating in freight lanes primarily east of the Mississippi. Both flatbed and van work is available. Drivers are currently being hired in nearly all areas with tuition reimbursement available for recent driving school grads. Owner-operators are also welcome at Falcon, earning up to 81% (flat bed) of gross with fuel surcharges.
