Industry Research

Key Stats Show Industry Progress

Posted on May 9, 2011 by LCT Staff - Also by this author

The latest LCT Fact Book & Industry Guide offers the industry benchmark STATS for finances, revenues, business costs, technology, and overall industry characteristics.

Below are several findings from the annual LCT Operator Survey.

AIRPORT BIZ: Q: Looking across all categories, what percentage of your business OVERALL comes from airport-related runs? A: 49%

PROFITS: The average overall percentage profit margin for chauffeured transportation companies in 2010: 17%, up from 15% in 2009. Small chauffeured transportation companies recorded an average profit margin of: 21% in 2010, compared to 18% for 2009.

RECESSION WOES: Q: Overall, did your company revenues grow, decline, or remain flat during the Great Recession period (January 2008 through December 2009)? Grow: 33%; Decline: 50%; Stay flat: 17%

BUSINESS COSTS: Average annual state and local licensing cost per vehicle: $664. Average monthly insurance cost per vehicle(excl. buses): $866.35.


Average number of vehicles in fleet as of 1Q 2011: 17

Median number of vehicles in fleet as of 1Q 2011: 8

WHO IS GREEN? Exactly One out of Five chauffeured transportation companies have their carbon emissions officially measured and verified by an outside third party. The same share of all chauffeured transportation companies offer at least one green vehicle in their fleets.

FUEL CONSUMPTION: Average number of gallons of fuel purchased per week by chauffeured transportation companies that consume 20 – 4,000 gallons per week: 513 [LCT eliminated respondents with either extremely low or high levels of fuel consumption].

CHAUFFEURS: 53% of operators have 1-10 full-time chauffeurs; 63% of operators have 1-10 part-time chauffeurs.

WAGES: Average hourly wages for Chauffeurs: $13.92. Dispatchers: $13.80.


24% of operators use tablet-style computers as part of their technology set-up.

46% of operators use an Internet-based lead referral service, such as

67% of operations have employees who use smartphones for work tasks/functions.

26% of operators use an online affiliate networking or verification site, such as

Source: 2011 LCT Fact Book Operator Survey














View comments or post a comment on this story. (0 Comments)

More News

TNCs Influence How, If Millennials Buy Cars

How should vehicle makers adjust their strategies as a new generation embraces on-demand rides?

Luxury Travelers Value Experiences Overall

They want to learn something new, but it's the affluent consumer that has the means to do this the most.

Travelers Booking With Agents Avoid Sharing Economy

New data shows more requests from clients for alternate accommodations and new ground transportation options.

Driverless Cars Could Kill More Than Four Million Jobs

Chauffeurs are among the many drivers who would no longer be needed.

How To Satisfy Any Generation Of Business Traveler

Countless factors can ruin a business trip, but what aspects actually make travelers happy?

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

See More

See More

See More

LCT Store

LCT Magazine - October 2016 $12.95 COVER STORY: * Leverage Tech To Levitate Your Operations * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment


Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close