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KSM & McLeod Software Release Key Findings from Third Annual Trucking Operations Performance Benchmarking Survey

Posted 5:00 AM by

Key findings from the third annual Katz, Sapper & Miller (KSM) and McLeod Software (McLeod) trucking industry benchmarking survey reveal current concerns and many opportunities for trucking companies to improve. In order provide more value for survey results to be used during the year, we are committed to releasing the key findings of the next survey by early May 2017.

2017 Trucking Best Practices Conference

KSM and McLeod are now accepting submissions from companies who would like to participate in the fourth annual benchmarking program (using 2016 data). The first 100 participants in the 2016 program will be invited to attend a special two-day networking and peer-to-peer best practices conference to be held May 2017 in Indianapolis. The deadline for submissions to be included in the 2016 benchmark report is Jan. 31, 2017.

To request information or sign up, please click here

Third Annual Benchmarking Survey Results

This year’s study included information covering 215 data elements from the 2015 calendar year which were obtained from survey questionnaires and McLeod’s LoadMaster Enterprise software, a fully integrated dispatch operations management and accounting software solution designed for the transportation industry. 

Participating carriers ran a total of more than 47,381 trucks. Of this truck total, 75 percent were company assets, with 25 percent owner-operator assets. All combined, these companies ran close to 5.3 billion miles, and generated more than $11.9 billion in total revenue. Carriers were broken into three categories: small carriers with fewer than 75 trucks, medium carriers with 76-300 trucks and large carriers with more than 300 trucks.  

Survey feedback revealed that rates, productivity and revenue remain primary concerns for motor carriers. Large carriers outperformed small and medium companies in a number of areas, including revenue per driver, rate per mile and diversification. Small carriers, however, were operating newer equipment and had higher asset utilization. 

Select findings reveal:

  • Revenue per driver is one of the most significant metrics for carrier success. Large carriers averaged the highest at $221,829 per driver. Medium and small carriers averaged $191,759 and $199,011, respectively.
  • More small carriers − 92 percent − had revenue concentrated in their top five origin states, compared to 77 percent of medium carriers and 53 percent of large carriers.
  • Large carriers did a better job of retaining drivers and have improved their turnover year over year. Large carriers had the lowest turnover at 64 percent.
  • Survey respondents reported an average driver age of 50, which highlights an industry issue of an aging driver population.

Download the complete report from the third annual Trucking Operations Performance Benchmarking Survey

About Us
Katz, Sapper & Miller’s Transportation Services Group is one of the largest and most experienced in the country. We work with more than 100 publicly and privately held carriers throughout North America to keep their business moving in the right direction. Learn more

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