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Findings of the survey Chapter 2 (Part -3) by TCI

It may be observed from the Table that there have been gradual improvements in terms of the average journey time and average vehicle speed over the years.

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Findings of the survey Chapter 2 (Part -3) by TCI

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  1. About Us Investor Relations Knowledge Corner HSE News & Media CSR Blog Careers My TCI Findings of the survey: Chapter 2 (Part -3) Newsletter Subscription Name By Transport Corporation of India Limited NOVEMBER 10, 2017 Email Submit Introduction Categories Awards/ Recognition Convert webpages to pdf online with PDFmyURL

  2. Corporate Social Responsibility Inside Scoop Allocation of overhead expenses Knowledge Series Based on the data on the annual distance specific and time-specific overhead expenses for a 15- tonne truck as shown in Table 4, the overhead expenses to be allocated to individual trips were determined, which were then added to the variable trip expenses to obtain the actual trip expenses, including overheads. Leadership Speaks TCI Video Tags 3PL 5 Force Model all the award title Allocation of overhead expenses Automotive Logistics Best Coastal Container Vessel Operator Blood Donation Challenges & Opportunities in Automotive Logistics Champions of Change Corporate Film Cost of additional fuel consumption Cost of delay CSR Customer focus Digital Transformation EDI Environment ERP Freight Rates Freight Transportation Fuel Consumption GST HIV HSE Table 4 : Annual overhead expenses for a 15 –tonne truck Convert webpages to pdf online with PDFmyURL

  3. Intermodal International Yoga Day Kaizen Lanes Life Saving Efforts Logistics Logistics & Transportation perspective Logistics and inventory control Logistics Supply Chain Mobile Apps Multimodal Muskaan Clinic OEM Pan India Quality management Reuse & Recycle of Wast Road Constructions Road Transportation Route Survey Routes Seaways Ship Social Arm Supplier relationship Supply Chain TCI TCI Foundation TCI Freight TCI Group TCI SCS TCI Seaways TCI Supply chain TCI-IIM Survey TCIL Technology The Dairy Summit 2017 Transport Trio Bins Trips Truck Capacities Truckers VAT Warehousing Zero Accident The annual cost of lubricants was Rs.32,400, which, divided by the annual vehicle utilisation of 108,000 km, generated the cost of lubricants per km at Rs. 0.30/km. Similarly, the annual cost of spares was Rs.54,000, which gave Rs. 0.50/km as the cost of spares per km. For a 15-tonne truck, 10 tyres, which ran 60,000 km, cost Rs.165,000, giving Rs. 2.75/km as the cost of tyres per km. Therefore, the distance specific overhead cost was Rs. 3.55/km, which, divided by the truck capacity of 15 tonnes, gave Rs. 0.24/km as the distance specific overhead cost per tonne-km. The annual time-specific overhead cost comprised the annual staff and administrative expenses (salary for driver and maintenance staff ), annual depreciation charge (@15% annually, 75% of the value of the vehicle was depreciated in five years), annual interest charge and annual tax and insurance charges for a vehicle. Therefore, the annual time-specific overhead cost for a 15- tonne truck was Rs.799,100, which, divided by the annual operating hours, gave the time- specific overhead cost per hour of Rs.133.18/hour. For a particular trip, this figure was multiplied by the journey time, then divided by the distance travelled and the capacity of the truck to obtain the time specific overhead cost per tonne-km for that trip. To give an example, if the journey time was 85 hours and the distance travelled 2,130 km for a trip, the time specific overhead cost was Rs. (133.18 × 85)/(15 × 2,130) per tonne-km, i.e. Rs. 0.35/ tonne-km for that trip. The average distance- and time-speci?c overhead cost for 30 trips was Rs. 0.61/ tonne-km. Adding the same to the average trip expenses of Rs. 1.45/tonne-km, the average overall trip expenses including overheads became Rs. 2.06/tonne-km, which was more than the average freight rate of Rs. 1.94/tonne-km, resulting in a ‘loss’ of 5.8%. The ‘loss’ may not be indicative of the general trend in the transport market, and may have been caused by unforeseen and uncontrollable factors. In general, the actual pro?t/loss margin depended on a host of factors such as the route, commodity, time of year, and the transport markets at the origin and destination. Table 5 shows the summary statistics in terms of trip expenses, Convert webpages to pdf online with PDFmyURL Recent Posts

  4. including overheads, freight rate and pro?t margin for 30 trips. Findings of the survey: Chapter 2 (Part -3) It was observed from the data that 22 out of the 30 trips did actually incur ‘losses’ when overhead costs were included. This was in contrast to the observation made during the 2011- 12 survey when it was found that only two of the 30 trips incurred ‘losses’ when overhead costs were included and the average profit margin was 7.49%. Findings of the survey: Chapter 2 (Part -2) Findings of the survey: Chapter 2 (Part -1) A Joint Study Report by TCI and IIM Calcutta – Chapter -1 Integrated Testing & Counselling Centre at Ludhiana Another Feather along the way to our “Moving India” journey It is a Proud Moment to Share Some Life Saving Efforts by Our TCI Foundation: Muskaan Clinic. The Case Given Below: We feel proud to break the news that TCI has been bestowed with back to back three awards… The ‘loss’ observed in the 2014-15 survey seems to have been caused, as mentioned before, by the disproportionate increase in the average freight rate vis-à- vis the increase in average trip expenses. TCI at 4th SIAM Automotive Logistics Conclave This observation was more or less similar to that in the 2008-09 and 2011-12 surveys, i.e. fuel and overheads constituted the major portions of the trip expenses, contributing 42% and 30%, respectively. TCI at the second season of Convert webpages to pdf online with PDFmyURL

  5. Previous Forbes India Leaders Speak Archives November 2017 Bio Latest Post October 2017 September 2017 August 2017 July 2017 June 2017 Transport Corporation of India Limited Group TCI is India's leading integrated supply chain and logistics solutions provider. TCI group with expertise developed over 5 decades has an extensive network of company owned offices, 11.5 mn. sqft of Warehousing space and a strong team of trained employees. With its customer-centric approach, world class resources, State-of-Art technology and professional management, the group follows strong corporate governance and is committed to value creation for its stakeholders and social responsibilities. Recent Comments Rajesh Shetty on The Logistics of Liquid Bulk (Wine) Tcilogistics | Pearltrees on The Logistics of Liquid Bulk (Wine) Allocation of overhead expenses Cost of additional fuel consumption Cost of delay Freight Rates Fuel Consumption Route Survey Routes Trips Truck Capacities Leave a Reply Your email address will not be published. Required fields are marked * Comment Convert webpages to pdf online with PDFmyURL

  6. Name * Email * Website Post Comment Quick Links Contact Us About Us Corporate Office TCI House TCI 360° 69, Institutional Area Sector-32, Gurgaon-122207 Haryana, (India) Vision & Values Milestones Vice Chairman & MD´s Message Awards & Recognitions Phone: +91-124-2381603 to 07 TCI Tomorrow Convert webpages to pdf online with PDFmyURL

  7. Fax: +91-124-2381611 Email: corporate@tcil.com Investor Relations Corporate Information Board and Committee Composition TCI Policies Disclosures Investors´ FAQs Investor/Analyst Corner Credit Rating Past Event / Information Knowledge Corner Study Reports Publications Indian Road Freight Index News & Media Media Kit CSR Healthcare Education & Sports Community Development Disaster Management Expanding Boundaries Convert webpages to pdf online with PDFmyURL

  8. Careers Why TCI? Who Are We Looking For? How to Connect? © 2017 TCI Convert webpages to pdf online with PDFmyURL

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