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Key Performance Indicators (KPIs) for trucking companies


alexj

Question

What are some key performance indicators (KPIs) that trucking companies should keep an eye on?

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One big KPI is cost per mile. It tells you how much it costs to run your truck per mile, including fuel, maintenance, driver pay, and other expenses. Keeping this low is crucial for staying profitable.

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On-time delivery rate. This measures how often your deliveries are made on time. High on-time rates keep customers happy and can lead to more business, while low rates might hurt your reputation.

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You also want to look at driver turnover rate. High turnover can be really costly because hiring and training new drivers takes time and money. If you’re losing drivers quickly, it might be a sign you need to improve working conditions or pay.

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