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Jan 28, 2016

MORE HOME TIME FOR TRUCKERS * USA: Productivity and performance improved for those drivers

* Indiana - New research shows trucker time off pays off

-- That drivers want and increasingly expect home time is not news, but new data indicates there’s a bottom-line payoff both for the carriers that provide a little extra time off and for the truckers who take advantage of it... Simply, the study by Stay Metrics suggests trucking companies can improve the productivity and performance of drivers by meeting their requests to take time off... The results from the Stay Metrics analysis are summarized here: 

 ° Bonus rate. The mean bonus rate for drivers in the study is 3.5 cents per mile. Drivers earned a monthly bonus that was calculated from their scores in four categories — compliance, vehicle care, fuel, and production. The model suggests that for each time off request met, their bonus rate increased nearly three percent the following month. 

  ° Miles driven. On average, drivers had approximately 8,577 miles per month. For each time off request that was met, the model showed they traveled 218 more miles the following month than drivers who did not take time off. Using a rate of $2.00 per mile for revenue, each time off request met generated $536 more in revenue the following month than drivers who did not. 

  ° Total bonus pay. This is the product of bonus rate and miles driven. The mean is $344.66 per month and the analysis indicates drivers who took time off earned $17.85 more in bonus pay, per month, than drivers who did not take time off. This is an increase in bonus pay of more than five percent... 
 South Bend, IND, USA - Fleet Owner, by Kevin Jones - Jan 26, 2016

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