semi-truck tires

The Semi-truck Tires that Cut $5,000 per Year

Posted & filed under Carrier Connection, England Carrier Services.

Would you pay $50 for semi-truck tires that save you $5390?

If you’re like most people, you’d probably never be happier to see a $50 bill go.

No asterisks or fluff, this is precisely what happens to carriers running the Michelin X® Line Energy™ Z+ steer tires and Michelin X® Line Energy™ D+ drive tires.

If you’re skeptical, that’s fair. Let’s break down every single cost to determine if these tires can save you $5000 a year.

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If you’re ready to save $5000 per truck, per year, click the corresponding tire to get it at a special price.

 

     

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      What is TCO?

      For most of trucking’s history, carriers have used Cost per Mile (CPM) to measure tire cost-effectiveness. To find a tire’s actual cost, divide its price by its total lifecycle (i.e., if a tire costs $250 and lasts 50,000 miles, its CPM is half a penny).

      This method of measuring value is convenient and easy, but it does not consider several important factors. For example, if a tire has terrible fuel efficiency and incurs more fuel costs than another, CPM can underreport costs by thousands of dollars.

      In modern trucking, the Total Cost of Ownership (TCO) is a far more accurate way of calculating cost. TCO considers all the costs incurred by tires.

      To calculate a tire’s TCO, sum the tire’s initial cost, fuel used over the tire’s lifetime, and maintenance costs.

      Let’s examine the TCO of the Michelin X® Line Energy™ Z+ steer tires and the Michelin X® Line Energy™ D+ drive tires to see if they cost less.

       

      Saving $5,000 for $50

      Calculations courtesy of Michelin.

      Let’s assume you’re a fleet of 100 6×4 trucks running 100,000 miles per year at 7 MPG. For our example, you are running premium, great-quality tires. Assuming fuel costs an average of $4/gallon, you’re paying $57,143 in fuel per truck, making your total fleet fuel cost $5,714,286.

      Let’s run the same example with Michelin X® Line Energy™ Z+ steer tires and Michelin X® Line Energy™ D+ drive tires installed. You’ll pay an additional $25 per tire than you typically would.

      Because the Michelin X® Line Energy™ Z+ steer tire has 12% lower rolling resistance and the Michelin X® Line Energy™ D+ drive tire has 36% lower rolling resistance, you’ll increase mileage (at a minimum) of 12%.

      Factoring in the TCO of these tires, you will save $5,390 per truck per year, even after the higher initial tire cost.

      When you extrapolate these savings to your entire fleet, you’d save $538,962.55 annually.

      The numbers don’t lie. With the Michelin X® Line Energy™ Z+ steer tires and Michelin X® Line Energy™ D+ drive tires, you’ll be saving massive cash.

       

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      If you’re ready to save $5000 per truck, per year, click the corresponding tire to get it at a special price.

       

         

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          The England Carrier Services (ECS) division offers various services for carriers ranging from maintenance to support. As ECS members, carriers have access to nationwide discounts on fuel and tires from dedicated team members committed to finding the best price. ECS also provides factoring services with benefits such as same-day funding to a bank account or fuel card. These options allow carriers the freedom to focus on growing their business while saving time and money.