Koch Trucking Announces Base Compensation Increase for Company Drivers

Minneapolis, MN, July 19, 2010 —Koch Companies, a full-service transportation and shipping company based out of Minneapolis, announces that as of August 1, its Koch Trucking Company Drivers will receive an increase of 1 cent per mile to their base mileage rate.

Koch Companies is also providing an additional 1 cent per mile increase to all drivers with a current hazmat endorsement; a change in base pay for those drivers of 2 cents. Drivers not currently hazmat endorsed will receive the 1 cent hazmat differential upon receipt of endorsement.

Due to these increases, Company Drivers can now start with Koch Companies at a pay rate between 34 and 39 cents per mile depending on experience.

"We are thrilled to offer this much needed compensation change to our Company Drivers pay package,” said Greg Iverson, Director of Recruiting at Koch Companies. “We appreciate the efforts of all of our drivers and are pleased to offer them this deserved increase in compensation.”

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.