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What's your operational cost? ATRI wants to know

Trucking news and briefs for Monday, Feb. 26, 2024:

The American Transportation Research Institute on Monday issued a request for motor carriers to participate in ATRI’s annual update to its Operational Costs of Trucking report.

The report is one of the most trusted resources in the industry for benchmarking costs and operations, ATRI said. ATRI collects data confidentially from for-hire motor carriers of all sectors, regions and sizes -- from one-truck owner-operators to 10,000-truck fleets -- to produce insights on key industry trends that guide decision-makers of all kinds.

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 the year 2023 on a per-mile or per-hour basis with an easy-to-use 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.

All participating carriers will receive a customized report that compares their fleet’s costs and operations to peer carriers of the same sector and size, as well as an advance copy of the full report. 

[Related: Owner-operator survival strategies, and tactics to thrive, in a down market: Business in spotlight at MATS]

For-hire motor carriers are encouraged to provide operational cost data to ATRI by Friday, April 26. ATRI’s data collection form is available online here, along with a sample customized report and FAQ. All confidential information is protected, and it is published only in anonymized, aggregate form.