Quote, May Report from Sylectus:
Line-haul revenue per mile in 2008 varied from $1.50 to $1.60 per mile. In 2009 the Line-haul revenue per mile slipped as low as $1.25 before rebounding to the mid $1.40 range. 2011 ended the year nicely, and 2012 has started as the strongest five month period ever, even surpassing the 2008 high months that were affected by the spike in the price of fuel. The total revenue per mile for the month of April 2011 was an average of $2.03; for April 2012, the average was $2.15 total revenue per mile.
The info provided by Sylectus needs to be clarified for expediters on EO beyond the numbers reflecting increasing line-haul revenue.
At first glance the year over year rate increases look wonderful, but if you could breakdown the type of truck order/freight load offered inside the Sylectus system I believe you would see a large increase in tractor trailer loads run by Sylectus customers as “Sylectus the Company” added more and more of these types of Carrier/Broker companies as customers year over year.
Simply put, Mr. Sutton needs to break down the line haul revenue by truck type ordered to make it clear how much rates have changed in a truck category.