How much do you spend on screening drivers per hire?Total number of drivers in your fleetTurnover %Number of drivers screened per hireCost/monthStaffing hourly rateBenefit/burden cost %Total number of drivers in your fleetTurnover %Number of drivers screened per hireCost/monthTime to fax and retrieve documents (minutes)Staffing cost/minuteDaily courier usageCost of courier usageWork days/monthFaxing and courier costs/month
TOTAL ANNUAL SAVINGS $1,087.11*Based on averages/month
Recruiting ROI Comparison
Number of Trucks
TruckRight Enterprise $6.50
- TruckRight Pro $3.90Maintenance/mileDriver wage/mileBenefits/burden cost %Truck fuel usage mpg.Fuel cost/mileProfit/mileAverage miles/dayDay cost of truck parkedNumber of trucks parked/dayTotal cost of parked trucks/dayAverage parked truck savings (in days) from using TruckRight
TRUCKRIGHT ENTERPRISE MONTHLY SAVINGS
TRUCKRIGHT PRO MONTHLY SAVINGS
$1,087.11*Based on averages/month
How much do you spend on paper-based filing?
Number of TrucksBenefit/burden cost %Staffing cost/hourMinutes/hourStaffing cost/minuteNumber of files reviewed/dayTime to review each file (minutes)Average work days/monthStaffing cost/minuteCost to review employee filesPreparing and filing time/document (minutes)Number of documents/fileStaffing cost/minuteStaffing cost/monthTime spent finding a file that has been misfiledStaffing cost/minuteRetrieving misfiled filesFloor space in sq/ft needed for one filing cabinetBuilding occupancy price/square footFile storage costsOffsite storage costStorage costTime to fax and retrieve documents (minutes)Staffing cost/minuteDaily courier usageCost of courier usageWork days/monthFaxing and courier costs/month
PAPER-BASED FILING IS VERY COSTLY $1,087.11*Based on averages/month
How much do you spend on non-compliance?
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.