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 – The DOT has proposed allowing carriers to administer oral drug tests.
New episodes of the Weekly Report premiere every Wednesday at 10 AM CT on our YouTube channel and Talent Intelligence Resource page.
Click the Image to Register for Digging Deeper
We provide the Weekly Report in numerous formats every week. Which one is right for you? Watch the latest reports on our Talent Intelligence Resource page or YouTube channel, use our Numbers at a Glance section for quick visual references, download the Weekly Report PDF (available below), read the transcript, or listen to the audio version of March 9, 2022, Weekly Report below.
Follow the Weekly Report on Apple Podcasts
Numbers at a Glance
|WOW: ▲ Up 0.3¢ per Mile|
|Spot Rates by Segment|
|WoW: Dry Van ▼ Down 2¢ per Mile|
|WoW: Refrigerated ▼ Down 9¢ per Mile|
|WoW: Flatbed ▲ Up 3¢ per Mile|
|Load Posting Volume|
|WOW: ▲ Up 1%|
|Load Volume by Segment|
|WoW: Dry Van ▲ Up 4%|
|WoW: Refrigerated ▼ 1%|
|WoW: Flatbed ▲ Up 4%|
|WOW: ▲ Up 29%|
|Truck Driver Searches|
|WOW: ▼ Down 5%|
|MoM: ▲ Up 4%|
|YoY: ▲ Up 3%|
|Clicks on Truck Driver Postings|
|WOW: ▼ Down 5%|
|MoM: ▼ Down 12%|
|YoY: ▲ Up 35%|
March 9, 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 9, 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 9, 2022
Hello everyone and welcome to the Weekly Report. For Randall Reilly, I’m Joshua Miller. Don’t forget to like, share, and subscribe for more great driver recruiting content. Content like Digging Deeper, which has a brand-new episode premiering tomorrow. Dave is joined by Seth Becker and Scott Maldonado, two Randall Reilly team members with real-world experience dealing with driver recruiting.
Together they cover the most important part of driver recruiting and talk about how you can set your recruiting team up for success with proper and continual training. Digging Deeper debuts online tomorrow at 2 PM CST and will be followed by a live Q&A session. The episode will be made available on our YouTube channel and website, but that Q&A session is for the premiere attendees ONLY. So, sign up today. I’ll leave a link for you below.
Now on with the report.
THIS WEEK IN JOB BOARD SEARCHES AND CLICKS
Truck driver searches were down 5% WoW and up 4% MoM and 3% YoY. Clicks on driver postings were down 5% WoW and 12% MoM, but up 35% YoY.
THIS WEEK IN FEIGHT
Total load volume inched up by 1% WoW with both dry van and flatbed posting increases of 4% WoW. Refrigerated, however, declined by 1% WoW. Last week load volumes dropped in the Midwest by 6%, but rose in all other regions, with the South Central region seeing the largest increase with a 9% gain.
Truck availability shot up for a 29% increase WoW as the overall load-to-truck ratio fell for all segments and resulted in the lowest levels we’ve seen since before the holidays.
Spot rates inched up by 3/10’s of a cent WoW. Overall the spot rates have had a net change of just 1/2¢ over the past four weeks as fuel rates continue to bolster the rates. Rates excluding fuel have declined WoW in all but one week so far in 2022.
Flatbed rates increased by 3¢ while dry van fell by 2¢ and refrigerated dipped by 9¢ per mile WoW.
STORY OF THE WEEK
The DOT has proposed allowing carriers to administer oral fluid drug tests in lieu of the standard urine tests for drivers. The DOT says that allowing for the use of oral fluid testing would grant employers a less intrusive option that is also more economical, and less susceptible to cheating than urine tests.
Oral fluid is collected with a simple swab from the inside of the cheek of an applicant and helps to mitigate any cheating due to the face-to-face nature of the test. On top of that, each test could be anywhere from $10 to $20 cheaper for fleets.
By allowing both urine and oral testing, the DOT hopes to give employers added flexibility to use whatever method is best based upon the situation. Oral fluid testing offers a narrower detection window and could give fleets a better chance at detecting recent drug use, which could be especially useful for post-accident drug tests. Urine tests on the other hand are much better at detecting a pattern of intermittent drug use.
And that does it for this week’s report. Come back and see us next week as we take another look back to help you move forward. And don’t forget to register for that Digging Deeper. It premieres tomorrow afternoon at 2 PM CST. Link below. Until next time, have a great week everybody.