Actual cargo weight or volume as a percentage of vehicle capacity. Empty or partial loads are the biggest waste in logistics.
Load Factor is defined as: Actual cargo weight or volume as a percentage of vehicle capacity. Empty or partial loads are the biggest waste in logistics.
Load Factor is typically measured using data from a TMS / Dispatch System. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Load Factor is a key performance indicator used across the following sectors:
Firehawk Analytics connects directly to your TMS / Dispatch System and delivers a live Load Factor dashboard. Configuration is completed within 48 hours — no data analyst required on your team.
Total operating costs divided by total kilometres travelled. The fundamental cost efficiency metric for fleet-based operations.
Percentage of deliveries completed within the promised time window. The primary service quality metric for logistics operators.
Percentage of available fleet capacity that is productively deployed. Idle vehicles are a direct drain on profitability.
In 48 hours, you'll have a live Load Factor dashboard connected to your TMS / Dispatch System.