Trucks line up to have containers loaded from a stack at the Norfolk International Terminal Wednesday Dec 1, 2021, in Norfolk, Va. Walmart workers who once unloaded trucks now have a chance to drive them. The nation’s largest retailer has launched a training program for employees who work in its distribution or fulfillment centers. (AP Photo/Steve Helber, File)
By Anne D'Innocenzio
Walmart workers who once unloaded trucks now have a chance to drive them.
The nation's largest retailer has launched a training program that gives employees who work in its distribution or fulfillment centers a chance to become certified Walmart truck drivers through a 12-week program taught by the company's established drivers.
Walmart, based in Bentonville, Arkansas, also said it is raising pay for its 12,000 truck drivers. The starting range for new drivers will now between $95,000 and $110,000, according to Walmart spokeswoman Anne Hatfield. The retailer said that $87,500 had been the average that new truck drivers could make in their first year.
The moves announced Thursday come as the pandemic has made trucker shortages more severe as demand to move freight reaches historic highs. The American Trucking Associations, a large industry trade group, estimates that the nation is short about 80,000 drivers.
Walmart said about 20 workers in Dallas and Dover, Delaware, have earned their commercial driver’s licenses. About 400 to 800 workers in the company's supply-chain network are expected to complete the truck-driving program this year, Hatfield said.
Ed Mitzen, the CEO of Business for Good, explains how and why he’s giving back by funding businesses from marginalized entrepreneurs to push social change.
Dana D’Auria, co-CIO at Envestnet, breaks down how she’s expecting markets to perform as ‘cracks’ from the rate hike cycle slowly filter into the economy.
A large cargo ship lost power and issued a mayday call moments before it struck the Francis Scott Key Bridge early Tuesday, though it was still moving toward the span at a rapid speed.
Candace Mitchell Harris discusses her path from computer scientist to founder of beauty tech tool MYAVANA – and how it uses A.I. to analyze each person’s unique haircare needs.
Michael Harris, NYSE global head of capital markets shares what to expect from IPOs in 2024, including A.I. excitement and why interest rate cuts are always helpful.
Lacy Garcia, Founder & CEO of Willow, shares why women, traditionally underserved by fintech, are looking for trust and a personal relationship from their financial advisor.
Alexander Reed, CFA and CIO for Envisage Wealth, breaks down why he thinks rates could stay higher for longer and why real estate, utilities, and regional banks are sectors to avoid.
Big brands that have relied on TikTok videos to reach younger consumers do not appear to be panicking as they wait to see what happens. But they have started planning.
It's been 15 years since the last fatal crash of a U.S. airliner, but you wouldn't know that from a torrent of flight problems that made news in the last three months.