Koch Trucking Announces Highly-Anticipated Base Compensation Increase

Minneapolis, MN, July 18, 2010 —Koch Companies, a full-service transportation and shipping company based out of Minneapolis, has been a nationally renowned, quality service provider and leader for more than 50 years. Koch announced Wednesday that its Koch Trucking division will be seeing an increase to the compensation package currently offered to its contractors, effective August 1, 2010.   

This much needed increase to the base compensation rate is the result of Koch Companies wanting to recognize employees for their hard work with increased freight demand and for enduring the conditions of the tough economy.  Contractors will receive .93 cpm, up from .91, if they hold a current hazmat endorsement. If not yet hazmat endorsed, contractors will be provided with the $.01 hazmat differential upon receipt of their endorsement.

"We are very excited about this much deserved increase in compensation for our Owner Operators. We appreciate all of the hard work and loyalty they have to Koch Trucking," Greg Iverson, Director of Recruiting at Koch Companies.

In addition to increased pay, Koch offers its drivers innovative Qualcomm technology for communication with fleet management, state of the art equipment, excellent benefits and many opportunities to find the best driving program to suit each driver’s personal and family needs. To find out more about Koch Companies, please visit http://regional.kochcompanies.com.