Nussbaum Raises OTR Van Driver Pay with New Profit-Sharing Plan

Key Details Nussbaum Transportation announced major compensation increases for over-the-road van drivers effective May 26. The package includes a 3-cents-per-mile pay raise and $50 weekly guarantee boost for current drivers, with new hires starting 5 cents per mile higher plus a $100 weekly guarantee increase. Why It Matters Drivers hired in targeted markets - Chicago, Carbon Cliff, Kenosha, Indianapolis, and Columbus - receive the steepest increases: 10 cents per mile plus a $200 weekly guarantee bump. First-year earnings in these areas are projected at $86,000 to $95,000, climbing to $91,000-$100,000+ by year two. Additional Benefits Nussbaum added a $3,000 transition bonus for new drivers, paid within six months. All drivers now qualify for quarterly profit-sharing tied to company performance, averaging about 2 cents per mile in standard years and exceeding 4 cents in stronger periods. The company also doubled its early exit assistance to $2,000. Bottom Line Nussbaum projects new van drivers will earn an extra $5,000-$6,000 annually, or roughly $120 weekly. Those in designated markets gain approximately $12,000 more per year. Company president Bill Wettstein emphasized the raises reflect driver value and their role in company success.