The Weekly Report brings you updated data on recruiting metrics including click, search, and spot rates, plus a new story of the week. This week’s story – A new dashcam integration system from CarriersEdge allows fleets to assign personalized training programs for each driver.
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Numbers at a Glance
|WOW: ▲ 4¢ per Mile|
|Spot Rates by Segment|
|WoW: Dry Van ▼ 8¢ per Mile|
|WoW: Refrigerated ▼ 6¢ per Mile|
|WoW: Flatbed ▲ 8¢ per Mile|
|Load Posting Volume|
|WOW: ▼ 2%|
|Load Volume by Segment|
|WoW: Dry Van ▼ 10%|
|WoW: Refrigerated ▼ 6%|
|WoW: Flatbed ▲ 2%|
|WOW: ▼ 5%|
|Truck Driver Searches|
|WOW: ▲ 11%|
|MoM: ▲ 21%|
|YoY: ▲ 13%|
|Clicks on Truck Driver Postings|
|WOW: ▲ 2%|
|MoM: ▼ 11%|
|YoY: ▲ 50%|
March 16, 2022 Driver Recruiting Insights
Would you like to have your own copy of the trucking industry data? All of the information covered in this week’s report for March 16, 2022, is available for your convenience in PDF form below. Click the image to view and download your copy of the Weekly Trucking Insight.
Weekly Report Transcript – March 16, 2022
Hello everyone and welcome to the Weekly Report. For Randall Reilly, I’m Joshua Miller. Let’s get right to it.
THIS WEEK IN JOB BOARD SEARCHES AND CLICKS
Searches were up all around. There were increases of 11% WoW, 21% MoM, and 13% YoY. Clicks were up 2% WoW, down 11% MoM, and up 50% YoY.
THIS WEEK IN FREIGHT
Total load postings dipped by 2% WoW as dry van and refrigerated loads fell. Dry van was down 10% as refrigerated declined by 6% WoW. Flatbed on the other hand increased by 2% WoW.
Postings rose in the South Central and Southeast regions but fell in all other regions.
Truck availability declined by 5% WoW. With that availability decreaseAN, we saw the overall load-to-truck ratio increase slightly. When looking at each segment, the flatbed load-to-truck ratio was higher, while both dry van and refrigerated ratios were lower.
Spot rates rose by 4¢ per mile WoW. Now that number is including fuel, however, when you look at spot rates excluding fuel cost, the rates fell by 8¢. Surcharges jumped following a record diesel price surge of 74.5¢ a gallon during the first week of March.
Looking at our three major segments, dry van rates fell by 8¢, while flatbed increased by 8¢, and refrigerated fell by 6¢ per mile WoW.
STORY OF THE WEEK
A new dashcam integration system looks to allow carriers to provide personalized training. CarriersEdge, an online driver training provider, has launched a new system that allows fleets to create and assign personalized training programs for each driver.
Fleets can tailor a program that suits their specific needs and fits into their own pre-existing risk management programs. The system also allows for different levels of training based on the number and/or frequency of driver events.
Using the system, carriers can assign tasks consisting of classroom training, online courses, surveys, or even policy documents. The drivers’ training scores and completion statuses are then sent directly to administrators and managers.
That does it for this week’s report. If you haven’t already don’t forget to like, share, and subscribe so you never miss us here on the report, which debuts a new episode every Wednesday morning. Until next time, have a great week everybody.