A new service from Trincon Group will allow transportation companies to evaluate their profitability and counteract fuel costs through information specific to revenue per mile, unpaid miles, trip analysis, pricing and profitability on a specific truck or customer, the firm said.
Trincon’s Proforma Costing Model will let users build a personalized worksheet modeled after their own profit and loss statement. It also allows for user-created “what if” scenarios, such as the effects of adding trucks, increasing or decreasing deadhead or alternating operating miles per truck.
“This new system will allow trucking companies to stay competitive and hopefully under budget during these times of rising fuel costs and economic uncertainty,” said Trincon president Duff Swain. “Users will be able to see how changing various factors affect their bottom line and adjust their company’s structure to ensure profits.”