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TMC Transportation Pay And Benefits

How much will I be making once I'm running solo in my own truck?

TMC offers a choice between percentage pay and mileage pay. Percentage rates start at 26% for new graduates.

Mileage pay starts at $.40 for new drivers. According to TMC Transportation, 80% of their drivers choose percentage pay.

When will I receive pay increases?

Because TMC Transportation drivers receive payment on a percentage of the load, they automatically get a raise when freight rates increase. Drivers could see increases as soon as their 2nd month. The percentage pay package is performance based and reviewed on a monthly basis, and ranges from 25-34%.

Mileage rate raises are: $.42 per mile at 6 months, $.43 per mile at 12 months, and $.44 per mile at 24 months.

Do you offer a Fuel Bonus?

Yes. Drivers are awarded points based on their fuel efficiency.

Additional pay is also offered:

  • Tarp pay
  • Breakdown pay
  • Layover pay
  • Referral bonuses
  • Extra stop pay
  • Detention pay
  • Borough pay
  • Tuition reimbursement
  • Over-dimensional load pay

TMC Transportation Pay And Benefits

TMC Transportation truck parked in parking lot
What health insurance and benefits do you have?

TMC Transportation offers health insurance with all major standard benefits and options including life insurance and 401k retirement plans, vacation time, and Employee Stock Ownership Plan (ESOP).

What is the average cost of benefits?

It varies. Drivers elect only the benefits they want, with exception to the ESOP, which is contributed at no cost.

TMC Transportation Pay & Benefits

How long until you qualify for benefits?
  • Health and dental insurance – Insurance benefits start the first of the month after 60 days of employment.
  • 1 week after 1 year of driving (Average weekly pay is paid to the driver.)
  • 401(k) starts after 6 months.
  • ESOP – After one year of employment the driver enters the plan. Other qualifiers, such as working at least 1,000 hours per year, are generally a non-issue since active drivers will do that. Values of the shares are paid into an account for the employee until dispersement. After six years, employees are fully vested.
What About Vacation Time?

Vacation time – 1 week after 1 year of driving (Average weekly pay is paid to the driver.)

TruckingTruth's View On TMC Transportation pay and benefits

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TMC Transportation is unique in that they offer a choice between percentage pay and mileage pay. Their mileage pay is also on the high end of the scale for new drivers, and TMC drivers average $55,000 in their first year of driving. Either choice would put you in the upper regions of new driver pay.

Insurance benefits are typical of any large company, and their Employee Stock Program gives drivers actual stockholder ownership in the company and a stake in its success beyond just employment. Both of these things are pretty unique to TMC Transportation, as far as the rest of the industry goes.

TMC Transportation Dispatch Policies

TMC truck with hood flipped up
Can a new driver run regional or dedicated right after school?

It depends on the account. A few accounts allow it, but most require a period of safe driving experience on linehaul first.

Will there be any NYC?

No NY forced dispatch.

TMC Transportation Dispatch Policies

Are you forced dispatch? Is the driver given any options for different loads?

Their policy is to not force dispatch.

How often can I expect to be home? For how long at a time?

Drivers get home most weekends. A weekend may vary, but on average TMC drivers get 45 – 50 hours of home time during weekends home.

What percentage of freight is drop and hook?

None, as all loads are flatbed.

TMC Transportation Company Policies

TMC truck logo close-up
Do you allow pets?

No pets allowed.

What is the company's rider policy?

Must be a direct relative or significant other. Passenger must be at least 10 years old. There is a 90 day waiting period for new drivers before passengers are allowed. A rider permit is required to be in the truck at all times when there is a passenger.

TMC Transportation Driver Opportunities

Do you have a leasing program, and will I be persuaded or incentivized to lease?

TMC does not offer a lease purchase program to outside hires. TMC hires company drivers. Drivers who wish to become owner-operators may do so provided that they demonstrate safe driving and have a good understanding of how to run a business. TMC does not persuade drivers to lease, and they are predominantly company drivers.

What divisions do you have? (local, dedicated, regional, tanker, flatbed, reefer)

All flatbed. All OTR. TMC Transportation operates Dedicated, Specialized and Linehaul divisions.

TruckingTruth's View On TMC Transportation's Opportunities

TMC offers a few different driving opportunities, but their main selling point in that regard is the opportunity to be home every weekend.

TMC Transportation Military Apprenticeship

TMC jobs for military

Currently, over 35% of TMC's Flatbed trucking fleet is comprised of veterans. TMC offers military veterans the opportunity to enroll in their GI Bill-approved Apprenticeship program.

TMC Transportation recently pledged to hire 500 military veterans by 2016 in conjunction with the U.S. Chamber of Commerce "Hiring Our Heroes" program.

TMC Transportation Equipment

TMC Transportation equipment
What kind of trucks do you have?

Late Model Peterbilt 579’s, black-and-chrome.

Do you run electronic logs?

Yes.

What are your trucks governed at?

62 mph.

Do you have APU units?

No

TruckingTruth's Notes On TMC Transportation's Equipment

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TMC's equipment is typical of what most companies will offer: late model tractors using electronic logs. Note that they don't have APU's, not that it really matters that much.

TMC Transportation Review
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