Freight Carrier Profitability Improvement

DG&A’s multifaceted approach examines a carrier’s current business processes and identifies opportunities for best practices and profitability improvements. When it comes to achieving measurable results, you need to rely on industry experts with extensive experience. Our team’s combined experience and expertise allows us to identify, quantify and rank a list of profitability improvement opportunities.

Rely on DG&A to complete your freight transport program audit efficiently and holistically. As part of our rigorous process we:

• Review your financial data
• Review your business activity data by business segment and by equipment type and by lane
• Review your revenue and cost per mile and by lane
• Review your operations in detail and examine:
• • Equipment utilization
  • Assets employed – age, quality, etc.
  • Variable costs by fleet type – clearly identify those components that are allocated to each vehicle.
  • Operations and KPI’s and make assessment if best practices are in place.
  • Fixed costs for fleet – clearly identify those fixed costs that are allocated to each segment of the business
  • Technology employed in managing the fleet
  • On time service
  • Damage and loss ratios
  • Driver statistics
  • Safety records

We’re firm believers in working closely with our clients. We do a deep dive into your data to gain a thorough understanding of your business. We make time to conduct face-to-face interviews with your operations personnel to ensure we’ve got the full picture of your services, strengths, challenges and opportunities. We personally inspect all aspects of your operation and see how your fleet and drivers are managed. It’s our job to stay with you throughout the audit, making sure everyone has a voice and is involved in the process, from the initial assessment to the final implementation. We deliver the following results:

• A quantified and prioritized list of profitability improvements
• Recommendations on best practices
• Identification of opportunities to make more effective use of technology
• An outline of opportunities to improve organizational effectiveness and employee morale
• A timeline that captures the “low hanging fruit” and longer range opportunities
• An outline of resources needed to achieve the profit improvements
• Need a profitability audit or some advice? Get in touch!