LJK
Drivers
The labor market for tractor-trailer drivers is at historically tight
levels. Equipment is sitting and loads are being refused by a large
number of truckload carriers because of the driver shortage. To attract
and retain superior drivers, LJK offers a superior benefits and pay
package. Equipment is speced with the driver in mind. Home time is superior
to industry standards. In the coming years, the success or failure of
many carriers will depend upon their ability to attract and retain safe,
reliable drivers, and Kennedy is no exception.
Employee benefits vary by terminal, but drivers generally receive the
following benefits:
· Health benefits, with below average employee
contributions
· 401K Plan
· Competitive Vacation and Holiday schedules
Our professional drivers are among the most skilled on America's roads
today, thanks to an unwavering commitment to continuous training and
superior hiring standards. Our driver-turnover rate of 32% is amongst
the lowest in our industry, and the trend is improving.
As of May 2008, LJK employed the following number of drivers:
306
Company Drivers
50 Owner Operators
To add to our driver ranks, we have recently initiated a program that
permits us to recruit drivers from outside of our normal terminal areas
-- these new additions to our team are referred to as system
drivers, because they drive throughout the LJK system service
area.
These new drivers are quite skilled and help us to grow in many ways:
1. They expand the pool of available talent dramatically, which improves
our fleet utilization and our potential to expand.
2. The system drivers allow us to hire drivers in areas where new customers
are located, allowing us to move quickly to meet sudden demand shifts.