U.S. truckers see 2011 monthly revenues per truck increase 10% year-over-year to US$1,607 on corresponding 10% increase in per-mile rates: TransCore
October 7, 2011
– TransCore's second annual Carrier Benchmark Survey reveals that in 2011 to date, carriers' monthly revenue on average was $1,607 (10 percent) higher per truck than in 2010. The increase was due primarily to a corresponding 10 percent uptick in per-mile rates. The survey also found that for-hire carriers who used load boards for 30 percent to 60 percent of their loads saw monthly revenues rise by an additional $1,378 (7.7 percent) per truck compared to 2010.
Additional survey highlights include:
-- For-hire carriers found 20 percent more of their freight on load boards in 2011 than in 2010.
-- The average length of haul declined 2.6 percent year over year, from 903 to 880 miles one way.
-- Empty miles improved (declined) in 2011 by an average of 1.0 percent.
TransCore's Carrier Benchmark Survey is based on responses from more than 600 for-hire carriers, owner-operators and asset-based broker/carriers, during the summer of 2011. The survey report is available free of charge at www.TransCoreFreightSolutions.com .
About TransCore Freight Solutions:
TransCore Freight Solutions serves brokers, carriers, owner-operators and shippers in the United States and Canada with best-in-class products. Load boards include Loadlink in Canada and TransCore 3sixty powered by the DAT Network in the United States, which has set the industry standard for the spot freight marketplace since 1978. TransCore provides Keypoint transportation software, the most popular broker logistics software, fleet compliance, distribution and intermodal services, as well as TransCore CarrierWatch, automated carrier safety and insurance monitoring and TransCore Truckload Rate Index for spot and contract markets rates. TransCore's asset tracking and in-cab communications solutions feature the industry's fastest response times and state-of-the-art satellite networking.
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