ATRI Report: Cost of Operating a Truck Up 6.6% in 2023
But Operating Margins Went Down in Most Industry Sectors
The total marginal cost of operating a truck in 2023 rose to a record $2.270 per mile despite fuel costs that fell by 8.8 cents per mile, according to a new report by the American Transportation Research Institute.
“While this marked a new record high cost, it increased by only 0.8% over 2022’s total,” said the report, an in-depth ATRI analysis of 2023 operational costs of trucking. “Marginal costs on a per-hour basis were $91.27, up just 0.5% from $90.78 in 2022.” Fuel costs per mile fell to 0.553 cents last year from 0.641 cents in 2022, ATRI said.
