NEWS & REPORTS

SAFETY PROFITS

Mar 8, 2025 | Articles

Increased insurance premiums have driven trucking companies to increase deductibles and amounts of retention.

Couple that with low margins. That makes safety and risk impactful on profits.

ATRI’s Operational Costs of Trucking for 2024 found that the total cost of risk, premium plus “out of pocket” is $0.135/mile; $5.43/hour. The impact is demonstrated by being seen from the perspective of the average profit margins.

Average non-LTL revenue? $3.707/mile. And operating margin? $0.111/mile and $4.471/hour. Less than the total cost of risk.

Want to increase profit? Increase safety and decrease risk.

About the Author

NEWS & REPORTS

Three common methods of ELD manipulation

Yevgeniy Melnik Multiple logbook fraud (double-logging) Some drivers maintain two sets of logs — one for the ELD, one for reality. Logs are edited or selectively erased to make it appear the driver was resting when they were actually driving. Brokers booking these...

ATRI releases research on key telematics performance measures

The findings show that the metrics with the greatest impact are not always the most widely used.   Key takeaways ATRI research examines which telematics metrics matter most to motor carriers. Fleets may benefit from reassessing how they use telematics performance...

CATEGORIES