Ryder and Harvard Business Review Uncover Your True Transportation Costs

Ryder Partners with the Harvard Business Review to uncover your true transportation costs

When it comes to your fleet, do you really know how well it’s performing? What about how much you’re

spending to own and run it? There are the obvious costs – the purchase price of vehicles, the cost of tires, maintenance, fuel and driver training. But there are other hidden costs that can completely upend the equation. And those costs can be significant, ranging from 0.1% to 5.3% of your revenues.

Getting a handle on your true transportation costs starts with knowing the Total Cost of Ownership (TCO.) With an understanding of TCO, you can make better decisions, operate more efficiently and make cost-saving improvements.

Calculating TCO is not straightforward. What’s needed are tools to simplify TCO calculation. Ryder System, Inc. is proud to partner with Harvard Business Review to bring those tools to you. Click on the picture below to watch four short videos exploring the components of TCO, including a video interview with Ryder’s CSO of FMS Sales, John Gleason.

To learn more about how Ryder can help you determine your true transportation costs, you can ready this article by clicking here.