TruckRight Insight

Five steps to getting started on the right foot

How many times have you said "if the driver would have just given it another week it would have worked out?" Many times drivers quit before we think they really give us a chance. But we have to ask ourselves, 'did we really do our best to make them feel like they made the right choice coming to our company?' In this article I will outline five steps to make the most of the time we have with the driver in orientation.

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Over 95% of Truck Drivers Have Smartphones

The way truck drivers communicate has changed drastically from the years of them having to use land lines to call home, finding their next load at a truck stop load board and navigating their routes via paper maps. KJ Media conducted a survey to our driver database (Truckinggetsocial.com) and found that over 95% of drivers have smartphones.

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TruckRight's new trade show booth

New TruckRight Trade Show Booth

We have just received our new TruckRight trade show booth.  It was picked up yesterday and set up in the boardroom today for the TruckRight Team to check out. The booth looks amazing and will see its first trade show at the TMW TransForum 2015 User Conference & Exhibition in Orlando, Florida. The show runs from September 13 – 16 at the Marriott Orlando World Center.

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TruckRight to attend TransForum 2015

TruckRight at TransForum 2015

TruckRight is pleased to announce it has accepted TMW’s invitation to exhibit at TransForum 2015. Our web-based software solutions for the transportation industry is designed to enhance recruiting efficiency, increase driver retention and maintain compliance. Take control of recruiting, HR and online training processes. Using our background screening services expedites the onboarding time and help to make assured hiring decisions. With TruckRight, Recruit Fast and Manage with Confidence!

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Associations

TruckRight Packages
Recruiting ROI Comparison

Number of Trucks


TruckRight Enterprise $6.50

- TruckRight Pro $3.90

Truck Revenue/Mile
Maintenance/mile
Driver wage/mile
Benefits/burden cost %
Truck fuel usage mpg.
Fuel cost/mile
Profit/mile
Profit Loss from One Parked Truck
Average miles/day
Day cost of truck parked
Profit Loss from All Parked Trucks
Number of trucks parked/day
Total cost of parked trucks/day
Average parked truck savings (in days) from using TruckRight

TRUCKRIGHT ENTERPRISE MONTHLY SAVINGS
$1,087.11

TRUCKRIGHT PRO MONTHLY SAVINGS
$1,087.11

*Based on averages/month

Paper-based Filing
How much do you spend on paper-based filing?

Number of Trucks


Staffing
Benefit/burden cost %
Staffing cost/hour
Minutes/hour
Staffing cost/minute
Retrieving
Number of files reviewed/day
Time to review each file (minutes)
Average work days/month
Staffing cost/minute
Cost to review employee files
Handling
Preparing and filing time/document (minutes)
Number of documents/file
Staffing cost/minute
Staffing cost/month
Misfiled
Time spent finding a file that has been misfiled
Staffing cost/minute
Retrieving misfiled files
Storage
Floor space in sq/ft needed for one filing cabinet
Building occupancy price/square foot
File storage costs
Offsite storage cost
Storage cost
Faxing and Courier
Time to fax and retrieve documents (minutes)
Staffing cost/minute
Daily courier usage
Cost of courier usage
Work days/month
Faxing and courier costs/month

PAPER-BASED FILING IS VERY COSTLY $1,087.11

*Based on averages/month

Screening ROI
How much do you spend on screening drivers per hire?

ROI: $1,087.11
Total Annual Savings*


D.A.D Services
Total number of drivers in your fleet
Turnover %
Number of drivers screened per hire
Cost/month
Company Costings
Staffing hourly rate
Benefit/burden cost %
Total number of drivers in your fleet
Turnover %
Number of drivers screened per hire
Cost/month
Faxing and Courier
Time to fax and retrieve documents (minutes)
Staffing cost/minute
Daily courier usage
Cost of courier usage
Work days/month
Faxing and courier costs/month

TOTAL ANNUAL SAVINGS $1,087.11

*Based on averages/month

Compliance
How much do you spend on non-compliance?

Litigation Calculator


HOW MUCH ARE YOU WILLING TO RISK?

The true cost of an accident can be staggering. Besides direct costs, indirect costs like poor publicity, lost clients and lost productivity can take a toll. The average cost for a truck accident is $148,279, not including litigation. It would take an additional revenue of $7,413,950 to pay the accident costs, assuming an average profit margin of 2%. A study of over one million lines of data on truck violations discovered that over 28,000 trucking companies, representing over 200,000 trucks, operated with safety violations. The Federal Motor Carrier Safety Association’s (FMSCA) settlement for non-compliance was $36,262,097 in 2014 with an average fine of over $7,000 per case.