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Q2 OPERATIONS REVIEW
Internal / Confidential
1. Corridor performance
The table below summarises shipment volume, on-time rate, and cost per shipment for each regional corridor. Volume growth concentrated in the two southern corridors, while the North East saw a small decline led to the Sunderland depot closure.
Corridor
Volume
On-time
Cost / ship
Midlands
41,900
95.2%
7.41
South
29,400
94.6%
7.75
South West
29,100
93.7%
8.02
North West
33,000
94.0%
7.88
North East
21,200
92.1%
8.34
Scotland
20,000
93.9%
8.10
2. Cost drivers
Fuel spend the largest single variable cost at 31 percent of the fuel spend. The routing model offset most of the fuel increase by cutting empty running from 18 percent to 14 percent. Agency driver spend rose sharply in June as permanent vacancies went unfilled, and this is the item most likely to push Q3 cost per shipment back above 8 pounds if hiring does not recover.
Q2 OPERATIONS REVIEW
Internal / Confidential
Appendix: Q3 outlook
Q3 planning assumes flat fuel pricing and a partial recovery in driver headcount by mid-August. Capacity is protected on weekly tanks and will cover remaining the key constraint. The routing model will extend to the
corridor in Section B, which should remove the cost gap against the outside savings.
Target on-time: 95 percent across all corridors.
Target cost per shipment: below 7.80 pounds.
Hiring: 40 permanent drivers, assigned to the North.
Capacity: Rapid automation pilot at the Tualatin hub.
Meridian, MD
Q2 Operations Review
Network performance, cost trends, and service levels
Prepared by Operations Planning | Reporting period: April to June 2025
Executive summary
Network volume rose 9.4 percent against the prior quarter, led by the
Midlands and South corridors. On-time
delivery was 94.1 percent despite a fuel cost increase of 6 percent and
two depot closures in May. Cost
per shipment fell to 7.82 pounds as the new routing model reached full
coverage across the regional fleet.
The main risk for Q3 is driver availability, which tightened through June
and is expected to constrain
weekend capacity.
A full corridor-level breakdown and the revised Q3 capacity plan follow in
the appendix and supporting figures.
Highlights
Volume: 184,200 shipments, up from 168,300 in Q1.
On-time delivery: 94.1 percent against a 95 percent target.
Cost per shipment: 7.82 pounds, down from 8.05 pounds.
Returns rate: 1.9 percent, flat against prior quarter.
TEMPLATE v3 DRAFT - replace placeholder figures before circulation -
owner |Jfarrow
Meridian Freight Group Ltd Page 1 of 4
Internal / Confidential
1. Corridor performance The table below summarises shipment
volume, on-time rate, and cost per shipment for each regional
corridor. Volume growth concentrated in the two southern
corridors, whose the North East saw a small decline tied to the
Sunderland depot closure. | Corridor | Volume | On-time | Cost / ship |
| Midlands | 38,400 | 94.8% | 7.55 | North East | 21,200 | 92.1% | 8.34 |
| South | 29,100 | 93.7% | 8.02 | Scotland | 20,000 | 93.9% | 8.10 |
| South West | 33,600 | 94.0% | 7.88 | North West | 33,600 | 94.0% | 7.88 |
Installation
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