Lower driver compensation contributed to drop in truck freight costs

Nov 30, 2021 at 08:38 AM CST
The American Transportation Research Institute’s latest trucking costs data suggest last year was good for carriers, but maybe not so much for drivers. ATRI’s newest study, “An Analysis of the Operational Costs of Trucking: 2021 Update,” shows the average trucking costs per mile fell 3.1% in 2020 to $1.646 from $1.699. Per hour, costs are showing a similar trend. According to the data, costs actually went up in most categories. However, significant declines in fuel prices and driver benefits were enough to put downward pressure on total costs.

Nov 30, 2021 at 08:38 AM CST

The American Transportation Research Institute’s latest trucking costs data suggest last year was good for carriers, but maybe not so much for drivers. ATRI’s newest study, “An Analysis of the Operational Costs of Trucking: 2021 Update,” shows the average trucking costs per mile fell 3.1% in 2020 to $1.646 from $1.699. Per hour, costs are showing a similar trend. According to the data, costs actually went up in most categories. However, significant declines in fuel prices and driver benefits were enough to put downward pressure on total costs.