The American Transportation Research Institute wants more motor carriers to participate in its annual Operational Costs of Trucking study.
ATRI’s Operational Costs of Trucking is an industry resource fleets can use to benchmark their costs and operations. Using information collected confidentially from for-hire motor carriers of all sectors, regions, and sizes—from 1-truck owners to 10,000-truck fleet owners—ATRI can provide insights into industry trends that can be used to guide decisions.
Cost metrics requested by ATRI include driver pay, insurance premiums, and equipment lease or purchase payments. Carriers and owner-operators can submit these costs for 2023 on a per-mile or per-hour basis with an online data entry form or an emailed PDF form. Additional questions cover operational metrics such as the percentage of empty miles, dwell time per stop, and driver turnover.
See also: ATRI releases annual list of top 100 truck bottlenecks
All participating motor carriers receive a customized report that compares their fleet’s costs and operations to carriers of the same sector and size, as well as an advance copy of the full report.
“We contribute data to ATRI’s Operational Costs every year because its findings are indispensable to our operations,” Jason Higginbotham, CFO of Ozark Motor Lines, said. “The customized peer-group analysis provides us an essential update on how our fleet performs, while the full report allows us to identify industry-wide trends and communicate them to our partners.”
ATRI requests for-hire motor carriers to provide operational cost data by April 26. ATRI’s data collection form, sample customized report, and FAQ are available online. All confidential information is protected, and it is published only in anonymized, aggregate form.
