Con-way Truckload Unveils Improved, Wide-Ranging Driver Compensation Package.Innovative Benefit and Incentive Structure Designed to Enhance Driver Pay and Comfort MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn. -- Con-way Truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno , a full-truckload carrier and subsidiary of Con-way Inc. (NYSE NYSE See: New York Stock Exchange : CNW CNW Chicago and North Western (Railroad) CNW Canada News Wire (media service) CNW Community Nutrition Worker CNW Commercial Nuclear Waste ), today announced new and innovative pay structures and programs aimed at attracting qualified team drivers to its modern, efficient fleet. The new package was unveiled to current Con-way drivers during the first quarter. "Our drivers form the foundation of the company, and Con-way Truckload is committed to ensuring that they have modern, safe equipment, a good working environment and excellent, competitive compensation," said Clay Halla, president, Con-way Truckload. "We are constantly reevaluating and improving our offerings for drivers as we continue to establish ourselves as the premier employer in our industry." Con-way Truckload's portfolio of improvements for drivers includes both compensation- and non-compensation-related benefits. The offerings include: * $3,000 sign-on bonus for new, qualified team drivers * Payment based on "practical miles" -- payment closer to actual miles driven rather than industry-standard "shortest-route" compensation, enabling drivers to earn more * Annual Incentive Compensation Plan (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) -- a company-wide reward of up to seven percent of annual pay for eligible drivers if the company meets its financial goals * Referral pay for successful recommendations of new and qualified driver teams * Increased vacation pay * Voluntary "per-diem" pay Other benefits at Con-way Truckload relate directly to the safety, health, comfort and satisfaction of its drivers: * Modern, comfortable Volvo equipment known for safety excellence * Increased home time * Wellness coaches to assist with smoking cessation smoking cessation Public health Temporary or permanent halting of habitual cigarette smoking; withdrawal therapies–eg, hypnosis, psychotherapy, group counseling, exposing smokers to Pts with terminal lung CA and nicotine chewing gum are often ineffective. , weight, sleep and other health issues * Ergonomically correct seating designed to enhance comfort, reduce fatigue and improve safety * Uniquely steady freight volumes for steady miles and paychecks * Electric landing gear to eliminate the need to manually lower dolly legs * Installed inverters and in-cab refrigerators * XM radio equipment with no activation activation /ac·ti·va·tion/ (ak?ti-va´shun) 1. the act or process of rendering active. 2. the transformation of a proenzyme into an active enzyme by the action of a kinase or another enzyme. 3. fee * Ability to travel with pets Con-way Truckload began operations in January 2005. Qualified team drivers interested in learning more about the company's compensation and benefit offerings or in applying for employment should call 1-866-WORK-4-US (967-5487) or visit www.con-way.com/truckload. Con-way Truckload Con-way Truckload provides expedited, team-based, full-truckload transportation services across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , primarily serving the transcontinental line-haul needs of sister company Con-way Freight. With a network of experienced team drivers and owner-operators, Con-way Truckload drivers play an integral role in the service performance of the industry's leading less-than-truckload (LTL LTL - Linear Temporal Logic ) company, Con-way Freight. Memphis, Tenn.-based Con-way Truckload operates a modern, efficient fleet of more than 1,200 pieces of equipment with approximately 250 driver teams and more than 50 owner-operator teams. Con-way Truckload is a subsidiary of Con-way Inc. (NYSE: CNW), a $4.2 billion freight transportation and logistics company and FORTUNE magazine's "Most Admired ad·mire v. ad·mired, ad·mir·ing, ad·mires v.tr. 1. To regard with pleasure, wonder, and approval. 2. To have a high opinion of; esteem or respect. 3. Company" in transportation and logistics for 2007. For more information, visit www.con-way.com/truckload. |
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