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J.B. Hunt Boosts Pay as Trucking Companies Scramble for Drivers

Sharply rising labor costs are making it more expensive for trucking companies to tap into the robust U.S. economy. Inc. says it raised pay for truck drivers at a double-digit pace in the third quarter as the freight industry bellwether scrambled to keep up with strong shipping demand. J.B. Hunt is among many freight carriers raising pay in what companies say is a tough recruiting environment for drivers.