The American Transportation Research Institute is looking for for-hire motor carriers to participate in the annual update to its Operational Costs of Trucking report.
Originally published in 2008, the report offers marginal cost data on motor carrier operations. Its purpose is to provide carriers with a benchmarking tool and help government agencies use ATRI’s data to make better decisions about transportation infrastructure investment.
In a notice published April 24, ATRI requested several for-hire fleet metrics, including driver pay, fuel costs, insurance premiums and lease or purchase payments. Carriers also are asked to provide cost-per-mile and/or cost-per-hour data for 2018.
“We actively use ATRI’s annual Operational Costs of Trucking as a critical input in our own internal operations review as a benchmark as we strive to be best in class,” said Mike Stephens, vice president of finance for USA Truck and member of ATRI’s Research Advisory Committee. “The robust ATRI data, along with the key insights provided in the analysis, make it a top-tier benchmarking tool for fleets of all sizes.”
Last year’s report update, issued in October, revealed that the cost of operating a truck in 2017 averaged $1.69 per mile, marking a 6% increase from the previous year.
For-hire motor carriers are encouraged to submit their data to ATRI by June 14. Data will remain confidential. — Transport Topics