Profit margins in trucking average only 6–7%, so even small inefficiencies can become million-dollar problems.
From 2022 to 2025, more than 190,000 carriers went out of business.
This number represents 11% of all fleets, underscoring the fragility of the industry. To withstand volatility, fleet leaders need systems that can scale and prevent leaky margins.
Margins in trucking are very slim, leaving little room for inefficiencies that can erode profit at scale.
Here are just a few common inefficiencies that leave fleets exposed to leaky margins:
- Delayed invoicing that strains cash flow and leaves fleets to spend up to $100k per month just to carry receivables.
- Empty miles that weaken a fleet’s ability to compete in a market.
- Back-office bottlenecks that reduce staff productivity, compounding cash flow strain.
These hidden costs are preventable with the right systems.
Magnus is a modern cloud-based Transportation Management System that helps fleets:
- Automate invoicing and settlements to reduce errors and accelerate cash flow.
- Optimize load planning and dispatch to cut empty miles up to 10-20% and reduce driver turnover.
- Mitigate manual work and free up tens of thousands in working capital each month.
- Provide predictable pricing and scalability, protecting fleets from hidden system costs and market volatility.
Magnus provides the visibility to identify the source of leaky margins and optimize operations before they erode profits.
Want to see how leading carriers are strengthening their fleet? Download our complimentary white paper: Closing the Gaps: How Carriers Can Solve Leaky Margins and Improve Soft Cost Savings with SaaS-Based TMS.