Truckdriver.com eReport

January 15, 2019

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TCA Announces Division Winners in 43rd Annual Fleet Safety Awards

Eighteen Companies with Outstanding Safety Records Now Eligible for Two Grand Prizes

The Truckload Carriers Association (TCA) has selected 18 companies as division winners in its 43rd Annual Fleet Safety Awards. Sponsored by Great West Casualty Company, the awards recognize trucking companies who have demonstrated an unparalleled commitment to safety. The top three winning companies in each of six mileage-based divisions had the lowest accident frequency ratios per million miles, annually.

“Year after year, TCA’s members prove that safety is the top priority of the truckload industry through participation in the Fleet Safety Awards,” said TCA President John Lyboldt. “We are incredibly proud to recognize and showcase these fleets, which have maintained a superb safety record through their use of innovative programs to establish a culture of safety within their companies.”

All division winners are invited to compete for one of two grand prizes – one for carriers with a total annual mileage less than 25 million miles, and the other for carriers with mileage greater than 25 million miles. The two overall grand prize winners will be announced at TCA’s 81st Annual Convention at the Wynn Las Vegas Resort, March 10-13, 2019. All winners will receive recognition at TCA’s 2019 Safety & Security Division Meeting, June 2-4 at the Guest House at Graceland in Memphis, Tennessee.

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Poll Results

Did you keep your 2018 New Year’s Resolution?

Yes - 26%

No - 10%

Didn't make any - 64%

Total Replies : 42

TruckDriver.com Carrier of the Month
Novco Inc.

Novco Inc. is a family owned trucking company based in Elk River, MN. They started in 1981 with one tractor and flatbed trailer hauling steel and concrete products in Minnesota. Over the years, they have significantly grown the fleet of flatbed, step deck, and multi-use drop deck trailers to support their partners in the marine, construction and agricultural industries. Novxo, Inc. operates in the lower 48 states and all provinces in Canada.

Their goal is to deliver customers’ products on time and at competitive prices. Working in conjunction with their manufacturing partners in the marine industry, their equipment allows them increase boats per load on delivery.

Novco, Inc. currently has immediate openings for Class A CDL drivers. They are seeking applicants for company drivers and owner operators.

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Turnover Rate at Large Truckload Carriers Falls in Third Quarter Drop Erases Yearlong Increase in Churn Rate

American Trucking Associations Chief Economist Bob Costello said the turnover rate at large truckload carriers fell 11 percentage points in the third quarter, undoing two quarters worth of increases in the annualized churn rate.

The turnover rate fell 11 percentage points – dropping it to 87%, marking its lowest point since the first quarter of 2017 when it stood at 74%. The drop also reverses two consecutive quarters of increases in the turnover rate, which had driven up the churn rate as high as 98% – 10 points higher than at the end of 2017.“The drop in turnover can be potentially explained in a few ways,” Costello said. “First, large pay increases fleets have been offering appear to be working, and drivers are remaining with their current carrier. Second, we did see a softening of freight markets in the third quarter from the incredibly strong pace it had set earlier in the year. Historically, softer freight volumes lead to lower driver turnover.”

Also in the third quarter, the turnover rate at small carriers – fleets with less than $30 million in annual revenue – remained unchanged at 72%, and the churn rate at less-than-truckload carriers fell four percentage points to 10%.

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Latest Survey

2019 has arrived! Looks like it’s going to be an interesting year. What we wondered with the TruckDriver.com Old Year’s Resolution Survey was how did last year go.

Here’s what you told us:

Did you keep your 2018 New Year’s Resolution?

Yes - 26%
No - 10%
Didn't make any - 64%

We didn’t make any either. When it comes to New Year’s Resolutions the best way not to break any is not to make any.

Now, let’s talk about 2019. With everything going in the world today we came with the TruckDriver.com Best Guesstimate Survey. There’s no right or wrong response, just your best guess!

Until next time, keep on truckin' and please drive safely.

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We do like to hear from you and invite you to let us know how we can
improve the e-Report. Please send your ideas and suggestions to:
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