For fleet owners

Fleet owners: you do not watch every load. Here is what to look at monthly.

When a manager or an office person runs the day, the owner sees revenue and a bank balance. Neither tells you whether the loads were billed in full, paid on time or worth the miles.

A money check that fits in half an hour

You do not need a billing department. You need the same five checks on the same five days.

The monthly view below tells you whether the habit is working. The weekly view keeps small losses from turning into write-offs.

A 30 minute weekly money checkFive weekdays with a short task each: Monday aging list, Tuesday unsigned PODs, Wednesday detention claims, Thursday short pays, Friday cash outlook. MONTUEWEDTHUFRI aging listoldest firstPODs notsigned orunreadabledetentionand lumperclaims outshort paysagainstremittancecash nexttwo weeks 10 min5 min5 min5 min5 min Total about 30 minutes. Times are a suggestion, not a measurement.
A fixed weekday for each check turns "I should chase that" into a habit. Move the days to suit your office.

The monthly view

Seven numbers worth asking for

Ask for the same seven every month. The trend matters more than any single month.

Monthly numbers for an owner who does not run daily operations
NumberHow it is worked outWhat a bad month looks like
Revenue per all mileTotal linehaul revenue / (loaded + empty miles)Falls while revenue grows: more miles, same money
Empty-mile shareEmpty miles / all milesCreeps up, usually from a few lanes
Cash past 30 daysOpen balance of invoices older than 30 daysGrows faster than revenue
Detention billed vs hours over free timeHours billed / hours over free timeHours over free time with nothing billed
Top broker shareLargest broker revenue / total revenueOne broker above 40 percent of revenue
Median days to payPayment date minus invoice date, middle valueMedian moves toward your payment terms or beyond
Loads missing a documentLoads without a signed POD or rate con on file / loadsAny load that cannot be billed for lack of paper

Questions to put to your office

  1. Which invoices are past 30 days, and who owns each follow-up?
  2. Which loads last month had a wait over free time, and was it billed?
  3. Which lumper receipts have not been reimbursed?
  4. Did any invoice go out under its rate con? Who checks that?
  5. Which broker is slowest, and do we still haul for them?
  6. What happens when a POD is missing on day 3?

How the audit helps an owner

It is a second pair of eyes that does not work for your office. It reads 20 loads, produces the numbers above where your file allows, and tells you which documents would be needed to prove each finding. You can then ask your office better questions, or hand some of the work over.

The report describes what your records show. It is not an accusation against anyone on your team.

Questions

I do not want to read a long report.

The first audit is one page: the numbers, the formula behind each, and the first three fixes.

Do you need access to our TMS?

No. A loads file is enough. We never ask for logins.

See what your last 20 loads show.

One short form. We reply by email with the next step, and a one-page report follows. Free, no obligation.

Mon-Fri, 9:00 a.m.-5:00 p.m. Eastern Time (Raleigh, NC). Voicemail is answered the next business day.