TransCore’s second annual Carrier Benchmark Survey reveals that in 2011 to date, carriers’ monthly revenue on average was $1,607 (10%) higher per truck than in 2010. The increase was due primarily to a corresponding 10% uptick in per-mile rates.
The survey also found that for-hire carriers who used load boards for 30% to 60% of their loads saw monthly revenues rise by an additional $1,378 (7.7%) per truck compared to 2010. Additional survey highlights include:
*For-hire carriers found 20% more of their freight on load boards in 2011 than in 2010.
*The average length of haul declined 2.6% year over year, from 903 to 880 miles one way.
*Empty miles improved (declined) in 2011 by an average of 1.0%.
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.