Truckload average trucks measures the average number of tractors operating in a truckload carrier's fleet during a reporting period under the issuer's definition.
Werner reports average trucks in service. Schneider reports average trucks across its Dedicated and Network truckload operations. Marten reports average tractors.
Average trucks are the capacity base
A carrier's truck count sets the asset base available to generate truckload revenue.
Schneider reported 11,762 average trucks in its Truckload segment in the second quarter of 2026, down from 12,224 a year earlier.
Werner reported 8,712 average trucks in service in its Truckload Transportation Services segment for the same quarter, up from 7,489, largely reflecting the FirstFleet acquisition.
Those changes mean total revenue growth cannot be interpreted without separating fleet growth from productivity per truck.
Average fleet is different from quarter-end fleet
A quarter-end truck count is a point-in-time snapshot.
Average trucks better reflects the capacity available across the reporting period.
Acquisitions, fleet reductions, seasonal purchases, and equipment dispositions can create large differences between average and ending counts.
Company and owner-operator trucks can both be included
Carrier definitions can include company-owned or leased tractors as well as tractors supplied by independent contractors.
Schneider separately reports average company trucks and average owner-operator trucks.
Marten notes that its average tractor metrics include tractors driven by both company-employed drivers and independent contractors.
That makes denominator scope important when comparing revenue per truck.
Fleet growth is not automatically positive
Adding tractors can support revenue growth, but underutilized trucks raise depreciation, lease, insurance, maintenance, and financing burdens without producing proportional revenue.
Investors should pair fleet size with Truckload Revenue per Truck per Week and Truckload Miles per Truck per Week.
Primary-source examples
- Schneider second-quarter 2026 results
- Werner second-quarter 2026 results
- Marten first-quarter 2026 Form 10-Q
Truckload average trucks are most useful as the fleet-capacity base for analyzing productivity, utilization, and unit economics.
Part of the Truckload Freight Operating Model
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