Trucking has long been an essential industry for delivering the goods that make our modern society function. The fundamentals of what truckers do have remained the same for decades: move goods from point A to point B as efficiently as possible.
Starting in February, the Ignite monthly webinar will take on a whole new look. We’ll still be discussing training and development best practices, but now we’ll be doing it on video in a more casual, interview-style format. Sessions will include staff members, industry partners and customers discussing their particular areas of expertise across a range of subjects. With Q&A from the audience and some other things we’ll be including, it should be a lot of fun!
The life of a commercial truck driver can be a difficult one. Faced with long hours, extended periods away from home and the challenges of coping with life on the road, drivers can, if they’re not careful, suffer from burnout.
Research into the phenomenon shows that there are three components to burnout: physical and mental (or emotional) exhaustion, cynicism towards the job, and an erosion of confidence in skills and abilities.
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.