Penske Logistics Driver Pay
Average — #17 of 40$58,000 - $90,000/year
Last updated: 2026-03-01
Penske Logistics Pay Overview
Penske Logistics primarily pays hourly, reflecting their local and dedicated fleet operations. As a subsidiary of Penske Truck Leasing, drivers benefit from some of the newest, best-maintained trucks in the industry — equipment is Penske's core business. Overtime at time-and-a-half is common on many accounts, boosting annual earnings above base projections.
Pay by Experience Level
CPM increases with verifiable experience — here is what to expect at each stage.
| Experience | Pay Range |
|---|---|
| 0-1 year | $23 - $27/hr |
| 1-3 years | $27 - $31/hr |
| 3-5 years | $31 - $35/hr |
| 5-10 years | $35 - $39/hr |
| 10+ years | $39 - $43/hr |
Pay by Equipment Type
| Equipment | CPM / Hourly |
|---|---|
| Dry Van (Local) | $23 - $38/hr |
| Reefer (Dedicated) | $25 - $40/hr |
| Flatbed/Specialized | $26 - $42/hr |
Pay by Job Type
Local
$58,000 - $82,000
per year
Regional
$60,000 - $88,000
per year
Dedicated
$62,000 - $90,000
per year
Bonuses & Incentives
Sign-On Bonus
Up to $7,500 for select positions
Safety Bonus
Annual safety bonuses up to $2,500
Referral Bonus
$1,500 per hired referral
Fuel Efficiency
Not standard — hourly pay model
Benefits Package
| Benefit | Details |
|---|---|
| Health Insurance | Comprehensive medical plans within 30 days |
| Dental | Dental PPO included |
| Vision | Vision plan included |
| Retirement | 401(k) with company match up to 6% |
| Paid Time Off | Paid vacation, holidays, and sick leave |
| Tuition Reimbursement | Up to $5,250/year for approved programs |
Pay Schedule, Home Time & Per Diem
Pay Schedule
Weekly direct deposit
Home Time
Home daily for most positions — local and dedicated routes
Per Diem
Not applicable — home-daily positions
How Penske Logistics Pay Compares
Penske Logistics ranks #17 out of 40 carriers tracked — rated Average for driver compensation.
| Company | Overall Pay Range |
|---|---|
| Penske Logistics (this carrier) | $58,000 - $90,000 |
| Werner Enterprises | $52,000 - $80,000 |
| Schneider National | $50,000 - $85,000 |
| J.B. Hunt Transport Services | $55,000 - $95,000 |
| Knight-Swift Transportation | $50,000 - $85,000 |
Frequently Asked Questions
How much do Penske Logistics drivers make?
Penske Logistics drivers earn $58,000-$90,000 annually. Hourly rates range from $23-$43/hr depending on experience and account. With overtime, experienced drivers on busy accounts can exceed $90,000.
Do Penske drivers go home daily?
Yes, most Penske Logistics driving positions are local or dedicated routes where drivers are home daily. This is one of Penske's biggest selling points, along with brand-new, well-maintained equipment.
Is Penske Logistics the same as Penske Truck Rental?
Penske Logistics is a subsidiary of Penske Truck Leasing, which also operates the Penske Truck Rental business. The Logistics division provides dedicated contract carriage with company drivers, while the rental side serves commercial and consumer customers.
What kind of trucks does Penske run?
Penske operates one of the youngest, best-maintained fleets in the industry — typically 2-3 year old trucks. Since fleet management is Penske's core business, their trucks receive meticulous preventive maintenance. Most are late-model Freightliners, Internationals, or Volvos.
Does Penske hire new CDL drivers?
Penske Logistics typically prefers drivers with 1+ year of CDL-A experience. However, some local accounts may accept drivers with less experience depending on the specific customer requirements.
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