Drilling from one spot to another? No. Those days are over. If the platoon has to be at, say, the obstacle course at 0700, you just show up there at the course a little early for a "formation." At the most, you will form outside the BOQ and run to a PT event. There is no marching to/from classes, armory, etc.
Forming the platoon for PT, for hikes, and for liberty formations? Yes. Again, if the CO has a formation at 1100, you just show up - early, of course, for accountability. Unfortunately (I say that as a former staff sergeant), drill is a non-event at TBS, except for a little sword manual.
But then again, drill is not the domain of officers. (That is why we have motivated staff NCOs!)
Winger, our student company staff finally "got it." As soon as the libo flag is up, we pop smoke, then the company staff does their thing. (BTW, our libo flag is awesome - it is a USMC standard, with guidon letters that say "Company: Go the Hell Home!")