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Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Pop superstar Taylor Swift reportedly gives $5M in bonuses to her tour truck drivers, with more undisclosed amounts for other crew members.
Taylor Swift has reportedly shown enormous gratitude to her Eras Tour crew. The pop music superstar known for hits like 'Bejeweled' has allegedly given a hefty bonus of $100,000 to each of her tour truck drivers. With approximately 50 drivers in her tour crew, this would mean that Swift has disbursed an estimated $5 million in bonuses.
However, the generosity doesn't end there. Reports also suggest that Swift has given additional bonuses to other team members, including band members, dancers, lighting and sound technicians, caterers, and more. The exact amount of these bonuses remains undisclosed. Representatives for Swift have not yet confirmed these reports.
This generous act, if confirmed, underscores the value that Swift places on her crew members who work hard behind the scenes to make her successful tour possible.
Source: Billboard
This Swifty makes a nice point and I hope this puts pressure on other successful tours to reward their drivers
— Dooner 🏴☠️ (@TimothyDooner) August 1, 2023
As I mentioned earlier, most tours only pay a bonus of $2-$5K. Some don’t give a bonus at all.
It’s an unprecedented move in the concert space and one that should be… https://t.co/X5X8buCNTl
A truck carrying flammable chemicals crashed and exploded on Route 3 in Clifton, NJ, killing the driver and forcing evacuations.
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Driver wages remain the largest expense. Safety bonuses ($1,831 average) surpassed starting bonuses for the first time.
We are currently getting insider information from a freight broker who is dealing with this situation.
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