How Much Does a Transportation Manager Make?
Transportation Managers are responsible for overseeing the logistics of moving goods from one location to another, and play a critical role in ensuring that goods are transported, stored, and delivered efficiently and effectively. As such, they play a vital role in the success of many businesses and are well-compensated for their expertise.
Transportation managers play a vital role in the logistics and supply chain management of businesses, ensuring that goods are delivered on time and in a cost-effective manner. They work closely with other professionals such as logistics coordinators, dispatchers, and drivers to ensure the efficient and safe movement of goods.
The role of transportation managers has become increasingly important as businesses expand their operations to multiple locations and global markets. Transportation managers are required to have a deep understanding of the transportation industry, including knowledge of industry regulations, trends, and best practices.
How Much Does a Transportation Manager Make?
According to the Bureau of Labor Statistics (BLS), the median annual wage for Transportation Managers was $94,730 in May 2019. The top 10% of Transportation Managers earned more than $152,870, while the bottom 10% earned less than $54,370.
Salary can vary based on a number of factors, including years of experience, industry, and geographic location.
Salary by Industry
Transportation Manager salaries can vary significantly based on the industry in which you work. Transportation Managers in the transportation and warehousing industry tend to earn higher salaries than those in other industries. For example, those working in the courier and express delivery services industry have a higher median wage of $115,460, while those working in the general freight trucking industry have a median wage of $93,650.
Salary by Location
Location also plays a role in determining a Transportation Manager's salary. If you work in the San Francisco Bay Area, you can expect a higher median wage of $119,440, while those working in the New York City metropolitan area have a median wage of $104,560. In addition, Transportation Managers in major cities such as New York and Boston tend to earn higher salaries than those in smaller cities.
Experience Matters
As with many careers, your level of experience can greatly impact your salary as a Transportation Manager. Those with less than 5 years of experience may earn a median wage of $79,000, while those with 20 years or more of experience can earn a median wage of $112,000.
Education Level
Transportation Managers with advanced degrees or certifications, such as a master's degree in logistics or supply chain management, or the Certified in Logistics, Transportation and Distribution (CLTD) designation, can also earn higher salaries.
In summary, as a Transportation Manager, you play a critical role in ensuring the smooth flow of goods and materials from one location to another. With a median annual wage of $94,730, top earners making over $152,870, and salaries varying based on industry, location, and experience, your hard work and expertise will be rewarded with a competitive salary.