Dollars & Sense

Sylectus Summary July 2012

July 2012 vs. July 2011 saw increases in almost every category.   Unfortunately, the fuel price decreases in June and July mirrored a reduction in the rates paid per mile.

Freight volume for the month was 16% below June 2012 figures, but this was expected due to manufacturing shutdowns which predictably occur every July in the automotive and related industries.

Year to Date figures for 2012 vs. 2011:

 

Measurement

July 2012 vs.

July 2011

July 2012 vs.

June 2012

Year-to-date

2012 vs. 2011

Business Days

21 vs. 21

21 vs. 21

 

Trip Count

Up   10%

Down 16%

Up   12%

Total Miles

Up   11%

Down 19%

Up   10%

Average Length of Haul

Down 2%

Down 4%

Down 1%

Total Revenue

Up   10%

Down 21%

Up   14%

  Line-haul Revenue

Up   10%

Down 20%

Up   13%

  Fuel Revenue

Down 5%

Down 24%

Up   7%

  Accessorial Revenue

Up   27%

Down 22%

Up   28%

Total Revenue / Mile

No change

Down 2%

Up   3%

Line-haul Revenue / Mile

Down 1%

Down 2%

Up   2%

As the above chart indicates, although total miles and average length of haul reflect a decrease below the same period of 2011, total revenue per mile increased by 3% in the first seven months of 2012.

Truck capacity continues to lag below demand, but has grown to  pre-recession levels.   This is reflected in a stabilized line-haul rate per mile.

Above all, remember the Golden Rule of our industry: Never say No to a customer!