USA - CARRIER EXPENSES: Crunch time
USA - Fleetowner - According to the Motor Carrier Annual Report, which is prepared by the American Trucking Associations, carrier fuel expenses in 2002 ranged from 5.4% to 11.9% of total operating expenses, depending on the type of carrier. It was also reported that insurance expenses for that year, including claims, ranged between 2.6% and 4.6% of total operating expenses.
Together, fuel and insurance costs — which have been among the most volatile of a fleet's operating expenses in recent times — accounted for between 8.8% and 14.8% of total operating expenses in 2002, depending upon the type of motor carrier. At the same time, net profit margins ranged from 0.54% to 3.44%.
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