Download a full copy of the report at the ATRI website.
Blog Layout
ATRI Releases Its Trucking Cost Update for 2022
The American Transportation Research Institute (ATRI) has released its 2022 update to An Analysis of the Operational Costs of Trucking.
Here are some of the highlights:
Costs. The total marginal cost of trucking increased by 12.7% in 2021 to $1.855 per mile, the highest on record.
Leading contributors to this increase were fuel (up 35.4% from 2020), repair and maintenance (up 18.2% from 2020), and driver wages (up 10.8% from 2020). On a cost-per-hour basis, costs increased to $74.65.
Total driver compensation was $0.809 per mile, 10% higher than two years earlier.
Fleets with 100 or fewer trucks spent 4.9 cents more per mile than fleets with more than 100 trucks. Smaller fleets also spent more than larger fleets for insurance premiums per mile.
Deadhead mileage decreased to 14.8%.
Truck fuel economy increased to 6.65 miles per gallon.
Productivity. A critical efficiency bottleneck occurs when drivers are waiting at shipper and receiver facilities. Though loading or unloading freight necessarily expends time, driver detention occurs when shippers or receivers lock up trucks outside of loading/unloading periods.
The average dwell time at facilities for all fleets was 1 hour and 54 minutes per stop.
Refrigerated carriers – which have longer waits at shipper and receiver facilities due to the sensitive commodities they transport – had an average dwell time of 3 hours and 16 minutes.
LTL carriers are able to secure a lower average dwell time of 1 hour.
Fleets with 25 or fewer trucks experienced the highest dwell time, averaging 2 hours and 23 minutes per stop.
Driver turnover indicated that small fleets in specialized and truckload sectors have the lowest driver turnover.
Trucking attorney Jim Mahoney's law practice encompasses trucking and cargo loss litigation, claims management, compliance management, and operations consulting.