Early-stage driver turnover is one of the most costly and disruptive factors for transportation companies. According to the Stay Days Table, an index by Stay Metrics that tracks driver retention across a broad range of motor carriers, only 64.9% of drivers hired in the first quarter of 2019 lasted 90 days.
“We want everyone to know how to increase the success rate for retaining drivers in the first 90 days and beyond,” said Tim Hindes, co-founder and chief executive officer of Stay Metrics. “The goal of our latest research project was to give motor carriers a list of five things they should be watching out for when bringing on new drivers.”
The Truckload Carriers Association (TCA) Profitability Program (TPP) announced that Stay Metrics, a provider of driver retention tools for motor carriers, has agreed to provide TPP members with proprietary data via the inGauge online benchmarking platform.
The data presented under the branding Stay Data banner will be provided to TPP participants as part of the inGauge platform which is managed by FreightWaves.
Stay Metrics will provide regular updates to the benchmarking data and highlight key insights that will be of interest to carriers seeking to remain competitive in the driver labor market.
The Truckload Carriers Association (TCA) Profitability Program (TPP) is pleased to announce that Stay Metrics, a provider of driver retention tools for motor carriers, has agreed to provide TPP members with proprietary data via the inGauge online benchmarking platform.
The data presented under the branding Stay Data™ banner, will be provided to TPP participants as part of the inGauge™ platform which is managed by FreightWaves®.
Stay Metrics will provide regular updates to the benchmarking data and highlight key insights that will be of interest to carriers seeking to remain competitive in the driver labor market.
Voie said driver retention analytics firm Stay Metrics has found female drivers are more satisfied in their careers, are less likely to think about leaving the business, tend to stay with a carrier longer, have likely driven for fewer carriers and have a turnover rate of 12.13 percent compared with 17.24 percent for men. Those findings could point to a future preference for female truckers at a time of severe driver shortages, as, according to the American Trucking Associations, the industry has a current shortfall of 60,000 drivers, with the number growing as more retire.
Stay Metrics, a provider of driver retention tools for motor carriers, recently released Stay Ahead, a new platform for the company’s suite of driver survey products, which includes onboarding surveys, fleetwide ongoing/annual surveys, and exit/departure surveys.
Joining these surveys is a powerful new feature that lets carriers make the most of their data, according to Stay Metrics.
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“I honestly believe this could be a revolution in how carriers onboard new drivers and keep them beyond the first year,” Hindes said.
Stay Metrics, a provider of driver retention tools for motor carriers, has released Stay Ahead, a new platform for its suite of driver survey products, which include onboarding surveys, fleetwide ongoing/annual surveys and exit/departure surveys.
Joining these surveys is a powerful new feature that lets carriers make the most of their data, according to Mary Malone, vice president of business development.
Stay Metrics, a provider of driver retention tools for motor carriers, has released a new platform for its suite of driver survey products that include onboarding surveys, fleetwide ongoing/annual surveys, and exit/departure surveys.
Joining the surveys in one platform, called Stay Ahead, consolidates reporting and lets carriers make the most of their data, the company says.
“The Stay Ahead tool helps carriers stay ahead of turnover, stay ahead of driver satisfaction, and stay ahead of growing their fleets,” said Mary Malone, vice president of business development at Stay Metrics. “It’s solidly focused on the future and making that future as successful for carriers as possible.”
As the centerpiece of this new platform, Stay Metrics is introducing a new tool for reducing early-stage driver turnover (drivers who leave within the first year with your carrier, what we call “new-to-you” drivers). The Intervention Opportunities feature makes Stay Metrics’ proven onboarding surveys even more effective by pointing out exactly which drivers need attention to stay during their first year.
Stay Metrics, a provider of driver retention tools for motor carriers, is offering a free compilation of ideas for fleets to make the most of National Truck Driver Appreciation Week.
The publication is entitled “How to Celebrate Driver Appreciation Week” and is available on the Stay Metrics website.
The American Trucking Associations (ATA) created and promotes Driver Appreciation Week (DAW), which runs Sept 8-14, to express recognition and gratitude for drivers’ hard work during the week after Labor Day, though each carrier decides how it will celebrate and what it will do for drivers.
This Driver Appreciation Week strategy compilation contains creative and successful practices drawn from interviews with a wide variety of top fleet executives and managers. The strategies are organized into five categories.