Dive Brief:
- The American Transportation Research Institute is inviting carriers to share their per-mile costs, as well as pay, benefits and other expenses in a survey for its annual Operational Costs of Trucking report.
- Fleet owners’ responses will reveal how costs have changed since reaching record levels last year, according to ATRI, the research arm of the American Trucking Associations.
- The survey will remain open until April 28, ATRI said. Answers are confidential and published only in aggregate form.
Dive Insight:
The Operational Costs of Trucking report collects data on fleets’ and owner-operators’ pay, fuel costs, insurance premiums, equipment lease or purchase programs, among other metrics.
The soaring cost of fuel was the chief culprit in driving trucking costs to new heights in 2022. Perhaps unsurprisingly, therefore, fuel prices also ranked as the industry’s top concern last year, according to ATRI.
At carriers’ request, this year ATRI added questions to measure operational efficiency metrics, such as miles between breakdowns.
“ATRI’s Ops Costs report is indispensable for benchmarking our operations; it confirms what we are doing well and notes where we can achieve additional cost savings,” James Burg Trucking Company President and CEO James Burg said in a statement. “And the customized peer-group assessment is invaluable to our benchmarking activities.”
As usual, participating carriers will receive a customized report comparing their costs and operations to peers of the same sector and size, as well as an advance copy of the full report, ATRI said.