: Provides tuition reimbursement up to $7,000 and sign-on bonuses up to $5,000 for inexperienced drivers.
In the corporate sense, large carriers "buy out" the contracts of smaller companies by acquiring the entire business. Heartland Express trucking companies that buy out contracts
: These carriers often hire new grads or "driver helpers" and provide pay scales high enough to settle existing training loans quickly. : Provides tuition reimbursement up to $7,000 and
: Offers tuition reimbursement to help new hires settle previous training debts. : Offers tuition reimbursement to help new hires
Experienced drivers or owner-operators often look for companies that will "buy out" their current lease or equipment so they can switch carriers.
: Offers sign-on bonuses specifically for drivers with at least six months of OTR experience, which can be used to offset previous contract penalties. 2. Fleet & Asset Buyout Programs (Lease-Purchase)