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Freight & Logistics

Truckload Market Upswing Prompts Driver Pay Hikes at GP Transco and Hirschbach

Source: FreightWaves · 2026-06-16
Summary

GP Transco announced a 5-cent-per-mile pay increase for all company drivers, pushing the top end of its pay scale to 72 cents per mile with the potential for another 6 cents in incentive pay, giving first-year drivers the chance to earn nearly $100,000 annually. Hirschbach followed with a 10-cent-per-mile total pay increase for over-the-road company and lease drivers. The pay hikes reflect a supply-led trucking recovery driven by tighter CDL enforcement, cabotage rule crackdowns, visa revocations, and the Supreme Court broker liability ruling. Publicly traded carriers have signaled the potential for double-digit rate increases in 2026-2027 as contract rates set earlier in the year are no longer valid, with routing guides crumbling across the industry.

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