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.
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
