The Weekly Report: Recent Episodes
Randall Reilly
The Weekly Report covers all the vital driver recruiting metrics including search, click, freight, and spot rates. We also cover a new recruiting or trucking industry story of the week each episode. New episodes debut every Wednesday at 10am(CT).
This week's story - November truck orders were at their lowest level in nearly 30 years. There were fewer than 10,000 heavy truck orders for the month of November.
This week's story - A new American Transportation Research Institute study finds that company drivers value job stability more than any other factor … including income.
This week's story - Just how long will these used truck prices last? Well it looks like the prices could continue to climb well into 2022.
This week's story - For this week’s story we’re going to focus on a few tips for boosting driver retention. To strengthen retention, focus on improving driver interaction, upgrading equipment, and improving overall operations.
This week's story - Truck transportation job numbers are on the rise, this according to the Bureau of Labor Statistics. In fact, they are actually nearing the 2019 pre-pandemic levels.
This week's story - If you’ve turned on the news over the past few weeks you’ve likely seen a lot of time and coverage being devoted to the congestion at the Los Angeles and Long Beach ports.
This week's story - As average wait times for drivers continue to climb they are seeing less and less of all that increased pay carriers shelled out to attract drivers.
This week's story - Despite millions of dollars being spent and countless man hours being invested, industry experts say driverless trucks are nevertheless likely decades away.
This week's story - There’s been talk of a truck driver shortage for quite some time, but just how many drivers are needed to meet the current demand?
This week's story - Motor carriers have reported an unexpected trend of their drivers opting to work less despite receiving record setting pay increases. A CCJ survey conducted in September revealed that 83% of fleets increased driver pay in 2021, but 29% actually saw a driver availability decrease in the summer.
This week's story - Fleets continue to struggle as their growth stagnates and owner-operators surge. For the first time since the ATBS has been tracking fleet and average independent owner-operator salaries, the pay levels have now surpassed $70,000.
This week's story - Well into the year trailer and truck production is still lagging behind the surging demand. Unfortunately, the supply chain issues responsible for the shortages don’t look like they will be resolved any time soon.
This week's story - As you may have heard by now, the current administration, made waves last week when it announced new policies were to be enforced via the Department of Labor to combat COVID-19.
This week's story - Transflo recently hosted a webinar that encouraged truck drivers to discuss their experiences and the various things fleets can do to help bridge the gap between management and drivers.
This week's story - As we move further into 2021, the pressure is mounting for more and more companies to impose mandates to increase vaccination rates.
This week's story - In 2020, CDL schools were hit hard due to the restrictions put in place during the height of the COVID pandemic. Some facilities in fact had to cease all operations, while others resorted to creating hybrid instruction utilizing both online and socially distanced in-person training.
This week's story - According to the Bureau of Labor Statistics, July jobs in truck transportation have increased by 9,800 since May. Great right? Well kind of. You see, employment levels are still about 30,000 below pre-pandemic levels.
This week's story - Retention numbers have always been extremely important for fleets, but with such a tight market for drivers in our current economy, driver retention takes on even more importance.
This week's story - Fleets and drivers are now taking advantage of automated per diem to get more money into the pockets of drivers while saving money for fleets in payroll tax. How?
This week's story - The Bureau of Labor Statistics is reporting that there were 38,300 fewer drivers employed in June of 2021 than there were at the beginning of the pandemic.
This week's story - As of right now, it’s looking like retailers are not likely to enter the all-important Christmas shopping period with pre-pandemic inventory to sales ratios.
This week's story - It’s now been a year and a half since the FMCSA’S Drug and Alcohol Clearinghouse went into effect, and so far over 2.1 million users are registered in the Clearinghouse.
This week's story - Some less-than-truckload carriers are prioritizing freight and turning away pickups in an effort to help their overwhelmed terminals and restore productivity levels.
This week's story - Pay consistently comes up as a common gripe among drivers and is often listed as an area that fleets need to address in order to retain more drivers. But is better pay alone enough?
This week's story - Good news is trucking transportation added nearly 11,000 jobs in May (10,800 to be precise). Now for the bad news … those are raw numbers and don’t account for seasonality, which is what most economists tend to focus on.
This week's story - While orders were down by 16% MoM, they remained strong when taking seasonality into consideration.
This week's story - As the economy and American workforce continue to recover from the COVID-19 pandemic and resulting shutdowns, trucking carriers are still struggling to find drivers.
This week's story - One fleet has managed to reduce its turnover rate from 53% to 39% in just one year. Following the success, the fleet has a five-year goal of lowering annualized turnover down to 25% or less. So how did they do it?
This week's story - The April jobs report is out and despite a clear demand for drivers, the gains continue to be slow.
This week's story - It seems that a lack of tanker drivers may well lead to gas shortages. Data suggests that demand for gas this summer may reach unprecedented levels.
This week's story - FTR’s Trucking Conditions Index hit its highest level in 16 months back in February.
This week's story - With all these records being set and the market being so competitive it’s more important than ever to take driver feedback into consideration and strive to improve driver satisfaction and the overall company culture.
This week's story - With stimulus packages being passed and vaccination distribution being a high priority, it is very likely that freight volume will remain quite high, which in turn will only increase the demand for drivers.
This week's story - A bill has been reintroduced to both chambers of Congress, which if passed, would allow CDL holders under the age of 21 to cross state lines.
This week's story - Last year saw a major drop in truck inspections due to COVID, but it’s expected that 2021 will see those numbers rebound. Overall inspections fell 23% YoY in 2020 – and in case you’re wondering that equates to 800,000 fewer inspections than 2019.
This week's story - In addition to COVID we had the FMCSA Drug & Alcohol Clearinghouse that removed almost 50,000 drivers, and unfortunately there have been far fewer young men and women entering the workforce to replace those leaving.
This week's story - Department of Labor data show jobs in the for-hire trucking industry fell by 4,000 in the month of February.
This week's story - Changes to the FMCSA’s hours of service regulations have given fleets and their drivers added flexibility.
This week's story - Vaccinations are here and carriers are doing their best to distribute them effectively.
This week's story - In the current market, carriers have the upper hand in negotiations with shippers and thus far it seems safe to assume that a large portion of the recent implied rate increase will stick.
This week's story - It appears Chicago has been dethroned as the U.S.’s top freight market.
As consumer behavior has continued to shift to more e-commerce, it is likely that warehouse capacity will tighten in 2021 compared to previous years.This week's story -
This week's story - The big question seems to be – when will the next wave of trucking capacity hit the market?