The One Fleet Metric Almost Everyone Skips (and It Might Be Your Most Valuable One) 

Published on September 21, 2026

Here’s a question worth asking your team: is cost-per-mile on your fleet dashboard? New research from the American Transportation Research Institute found it’s the metric fleets value most, and also the one most likely to be missing. That’s a gap worth closing, and it’s simpler to fix than it sounds.

    The KPI Gap ATRI Found 

    ATRI’s report, From Telematics Data to Decisions, ranked cost-per-mile as the single most valuable operational metric for motor carriers. Yet only 73% of surveyed carriers actively track it. Meanwhile, nearly every fleet tracks a familiar set of safety KPIs: critical events, speeding, risky driving behavior, and hard braking. 

    Those safety metrics matter. But as ATRI puts it, the metrics with the greatest impact aren’t always the ones most widely used. Cost-per-mile is the clearest example. It’s the metric fleets rank highest in importance, and the one most likely to be missing from the dashboard. 

    Why Cost-Per-Mile Gets Skipped 

    The gap makes sense once you look at how each metric gets built. Safety KPIs come from a single sensor event: a hard brake, a speeding threshold, a critical event flag. They’re easy to pull straight from telematics hardware. 

    True cost-per-mile takes more than a single sensor. It requires combining mileage data with fuel spend, maintenance costs, and driver time. That’s more setup work. It’s why so many fleets default to whatever populates automatically on their standard dashboard, instead of building the metric that reflects real operational cost. 

      Turning Raw Data Into the KPIs That Matter 

      If you’re running Geotab, the raw ingredients for true cost-per-mile are already flowing through your system. The missing piece is usually the reporting layer that combines them. Geotab’s advanced reporting and analytics tools, including its Data Connector, pull your existing telematics data together with fuel and maintenance records. The result is a single operational view instead of three separate reports. 

      That’s the difference between a dashboard full of default metrics and one built around what genuinely drives your margins.

       

      Where Northern BI Fits 

      This is exactly where we like to help. Northern BI translates raw Geotab data into the operational KPIs that move the needle most: cost-per-mile, utilization, and maintenance ROI, well beyond the metrics that happen to be easiest to pull. 

      Here’s a practical challenge: pull up your fleet dashboard right now. Is cost-per-mile on it? If not, that’s a gap worth closing before your next budget cycle. 

      Schedule a reporting and dashboard review with Northern BI. See how your Geotab data can build the KPIs that genuinely reflect your fleet’s performance. 

      FAQ: Cost-Per-Mile and Telematics KPIs

      Why is cost-per-mile considered the most valuable fleet metric?

      ATRI’s research found it correlates most closely with overall carrier performance. That beats any single safety or operational metric on its own. It reflects the true cost of running each mile, combining fuel, maintenance, and mileage data together.

      Why don't more fleets track cost-per-mile if it's so valuable?

      It takes more setup than safety metrics, which come from a single sensor event. Cost-per-mile requires combining data from multiple systems, which is why it often gets left off default dashboards. 

      Can Geotab calculate true cost-per-mile automatically?

      The telematics data needed is already there for most Geotab users. What’s usually missing is a reporting setup, like Geotab’s Data Connector, that combines it with fuel and maintenance data into one clear metric. 

      company staff icon

      Smriti Shekhar

      Marketing Manager
      Linkedin

       

      Northern Business Intelligence

      Local: 902-446-3930
      Toll Free: 1-877-446-3930

      Canada: Unit 105 B-26 Akerley Blvd, Dartmouth, NS B3B 0K4

      America: 8 The Green, Suite B, Dover, Kent County, Delaware 19901

      Subscribe

      Sign up to receive news and tips

      Connect with us

      kerr group
      Northern BI Logo with moving icons

      Download the Geotab Vitality Brochure

      Understand how Geotab Vitality aligns with your operational goals and workforce requirements.

      Thank you! Your copy of the brochure must begin downloading soon.

      Northern BI Logo with moving icons

      Download the Altitude by Geotab Brochure

      Download the Altitude brochure to explore features, use cases, and insights.

      Thank you! Your copy of the brochure must begin downloading soon.

      Share This

      Share this post with your network!