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Fleet Utilization Rate
Reflects the percentage of time the fleet is actively employed, showing efficiency and potential revenue maximization.Utilization has hovered at very high levels (mid‑90s to 100%) with isolated quarter dips that look seasonal or maintenance‑related; the steady rebound to 99–100% by late‑2025 signals tightened capacity and improved scheduling. For investors, this implies strong asset productivity and upside to margins if demand holds, but also limited spare capacity—monitor capex/maintenance plans and freight pricing, since any operational disruption or sharp volume swings could force costly fleet additions or service constraints.
Date | Fleet Utilization Rate |
|---|---|
Mar 31, 2026 | 98.60 |
Dec 31, 2025 | 100.00 |
Sep 30, 2025 | 99.50 |
Jun 30, 2025 | 96.30 |
Mar 31, 2025 | 99.60 |
Dec 31, 2024 | 99.80 |
Sep 30, 2024 | 92.90 |
Jun 30, 2024 | 98.50 |
Mar 31, 2024 | 98.10 |
Dec 31, 2023 | 95.30 |