Key Indicator: Fleet Utilizing
Used by fleet managers to identify fleets that are either being underused or overused. The Fleet Utilization KPI measures the utilization rate of an active fleet unit.
- Utilizing Rate per Unit = Utilized Hours/Active Hours
For example, if a truck’s total working hour in a month is 300 hours and if it is utilized for 150 hours, then the truck is said to have a utilization rate of 50%.