Government run organisation Freight Best Practice, has set up a free online benchmarking service.
As an industry first, it allows transport operators to externally and anonymously benchmark their operations.
We think the idea is fantastic, in a competitive industry like haulage it is so important to measure yourself up against the competition. However, traditionally being able to do this is tricky without being accused of spying!
The new system allows thousands of operators nationwide to specify and measure their operational efficiency and then benchmark themselves with trends across the industry.
Measuring your own performance is an essential process for any modern day operator, particularly during the current tough economic climate, but to fully understand how your operation compares to that of your peers, benchmarking is essential.