The American Transportation Research Institute (ATRI) released the findings of its 2015 update to An Analysis of the Operational Costs of Trucking today.
The research documents and analyses trucking costs from 2008-2014 providing motor carriers with a high level benchmarking tool, and government agencies with a baseline for future transportation infrastructure improvement analyses, the company said.
The company found that the average marginal cost per mile in 2014 was $1.70, an increase from the $1.68 found in 2013. As well, despite falling fuel prices, the rise in average operating costs in 2014 is thanks to an increase in equipment purchases, as well as driver wage increases driven by the ongoing driver shortage and the need to retain the industry’s most experienced professional drivers.
“ATRI’s release of its annual Operational Costs of Trucking research is among our association members most eagerly anticipated. They understand and appreciate the value of ATRI’s operational cost analysis to their own fleet benchmarking and as such, are always willing participants when ATRI issues its call for cost data,” said Brenda Neville, president and CEO of the Iowa Motor Truck Association and a member of ATRI’s Research Advisory Committee.
A copy of this report is available here.