Monday, June 8, 2009

UCR in June

Unregistered Carriers on 6/8/2009 - 3767
Unregistered Carriers on 6/9/2009 - 3723
Yesterday's Registrations (IL system) - 52 / $10,553 (avg $203)
Deactivations Requested - 11


In the first week of June, we registered 171 UCR carriers and collected $20,648. That's an average of $127 per registration. We don't have the research to prove it yet, but we're pretty confident that many of these registrations (along with quite a few requests for deactivation) came about directly as a result of emailing the "new additions" to our list and responding to their responses. Last week, we sent 577 emails - approximately one-seventh of our total unregistered list.

At $127 per registration, nobody can convince me that solicitation of these carriers is "not worth the effort". In a previous post, I outlined the revenue/cost math as I saw it. If we were keeping the money (which we're not because we have already reached our 2009 cap), I'd say we got a strong return in that area for our efforts because the total solicitation and processing costs are easily under $1,000. That's at least a 20-1 revenue-to-cost ratio! Who says capitalism is dead?!?


And the best part - we've kept a whole lot of carriers in compliance and out of trouble!

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