A Walmart VP explains why the company pays its truck drivers twice the national average - Business Insider

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A Walmart VP explains why the company pays its truck drivers twice the national average

— rather, there's a lack of truckers willing to work 70-hour weeks for the low wages offered by most shipping companies.

Walmart's model seems to prove this theory. The company's median salary for its fleet of 9,000 truckers is nearly $90,000 per year, according to Braunbach, compared to a national median of roughly $42,000 per year. Braunbach spoke about Walmart's supply chain practices during a conversation with transportation reporter Rachel Premack during Business Insider'sDuring the event, Braunbach also weighed in on the impact of advancements in driver technology.

He also reflected on how much Walmart has changed since he joined the company in 2002. Its biggest adaptation, Braunbach said, has been its shift in focus from expanding brick-and-mortar locations to investing in e-commerce. Shoppers have rapidly moved online for retail purchases, he said, noting that "that speed in the last 3 to 5 years has been remarkable."

 

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As I've said before. There is a shortage of drivers because the money isn't there anymore! Not because of the ELD, lack of respect, days off, don't feel valued, missed company events and ALL that other crap. WE AREN'T BEING PAID ENOUGH! Gross 100k, bring home 42k That's robbery!

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