TruckRight Insight

TruckRight Announces Integration with Driver iQ

Today, TruckRight, which offers the trucking industry a fully-integrated software suite that simplifies recruiting, HR and compliance, announced its partnership with Driver iQ, a comprehensive background screening solution tailored for the unique needs of the transportation industry.

The highly-anticipated integration will help TruckRight clients hire safe, quality drivers even faster by performing secure, accurate and up-to-date background checks.

Dirk Kupar, co-founder and CEO of TruckRight, says, “With the current driver shortage, there is a need – more than ever – to get drivers in seats, faster. Driver iQ’s professional background screening service will allow our valued TruckRight clients to do this quickly, effectively and safely.”

TruckRight’s software, combined with Driver iQ’s analytical tools, can help fleets when it comes to reducing liability before it affects a fleet’s bottom line.

“As a company, we’re thrilled to be able to offer this easy-to-use platform to our clients,” continues Kupar. “With this integration complete, our customers will be better able to access accurate and up-to-date driver information.”

Todd Hensley, president of Driver iQ, echoes this sentiment, stating that the integration will provide TruckRight customers with an efficient, effective tool that will help them with daily operations by maximizing recruiting efforts.

“We can help carriers ensure their processes are in place and make sure they're doing the right thing when they're hiring these drivers,” he says.

For more information on TruckRight, visit www.truckright.com and for more information on Driver iQ, visit https://www.driveriq.com/.

To see TruckRight CEO and co-founder Dirk Kupar's comments on the integration, click here

About TruckRight

With over 30 years in the transportation industry, TruckRight is led by the husband and wife team Lisa and Dirk Kupar. Their experience includes 12 years as multi-truck owner/operators and over 21 years as proprietors of an international truck driver leasing company. After years of beta-testing, TruckRight has launched with great success. Fleets from 50 to 5,000 are now realizing the same success, saying it has dramatically changed the way their companies communicate.

About Driver iQ

Driver iQ is a Consumer Reporting Agency that builds and provides background screening solutions specifically for the unique needs of the ever-changing trucking industry. Because the Over-the-Road trucking companies have the highest turnover rates that can average 95% for many of the larger carriers. Driver iQ brings a strong understanding of the industry’s unique and ever-changing needs. With the need to place more drivers in trucks than ever, the industry looks for a fast and affordable solution to meet regulations when hiring a driver.

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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
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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
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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.