ARLINGTON, Va. — The cost of operating a commercial truck in the U.S. rose 7.7% in 2018 as spending on every cost center — except tires — increased last year over 2017, according to the latest research from the American Transportation Research Institute (ATRI).
The average marginal cost per mile incurred by motor carriers in 2018 increased 7.7% to $1.82, ATRI said, with fuel and insurances costs experiencing the highest year-over-year growth of 17.7% and 12%, respectively.
ATRI's 2019 Ops Costs report documents the "extremely robust" economic environment that carriers and drivers experienced in 2018, but the Arlington-based research group also points out these same economic conditions put considerable upward pressure on nearly every line-item cost center experienced by carriers.
"ATRI's 2019 Operational Costs research highlights the extent of the cost increases our industry experienced in 2018," Jerry Sigmon, executive vice president of Cargo Transporters Inc.
"Savvy carriers will continue to use this cost data as a benchmarking tool, and to better educate our customers on the financial and operating pressures our industry faces."