Katz, Sapper & Miller and McLeod Software released key findings from their second annual trucking operations benchmarking survey.
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“The results from this year’s survey indicate that large carriers are leading the field in terms of rate per mile, long-term driver retention and revenue per driver,” said Tim Almack, partner-in-charge of KSM’s Transportation Services Group. “By analyzing the correlations between carrier size and certain performance metrics, our findings provide clues on how the large carriers are mastering the game.”
This year’s study was based on data covering 215 data elements from the 2014 calendar year. Participating carriers ran a total of more than 63,000 trucks. Of this truck total, 85 percent were company assets, with 15 percent owner-operator assets. Grouped together, these carriers ran close to 5.3 billion miles and generated more than $11.9 billion in total revenue.
Additional metrics examined within the survey included trailer-to-truck ratio, length of haul, customer diversification, lane mix, and equipment age. The analysis was refined by sorting data with respect to carrier size and fleet type.
Select findings reveal:
“This year, we were pleased to offer McLeod customers an automated option for providing their survey data through LoadMaster Enterprise, making it easy for them to participate,” said Mark Cubine, vice president of marketing for McLeod. “Our goal for this survey continues to be to establish a solid core of comprehensive benchmarking data on business performance for freight transportation companies.”
