After a year of unparalleled economic growth in 2018, 2019 sputtered to the finish line, creating volatility in trucking operations and costs, according to findings released this week by the American Transportation Research Institute (ATRI).
The research organization’s 2020 update to its annual “An Analysis of the Operational Costs of Trucking” uses detailed financial data provided directly by motor carriers of all sectors and fleet sizes to document and analyze trucking costs from the previous two years. ATRI’s “Ops Cost” analysis offers trucking industry stakeholders a benchmarking tool to help with comprehensive transportation planning and infrastructure improvement analyses.
“Given the chaos and volatility of freight markets these days, it is more critical than ever that trucking fleets closely monitor their cost centers,” said Brandon Knight, principal of transportation for CliftonLarsonAllen. “ATRI’s Operational Costs report is an important benchmarking tool for fleets of all sizes and sectors.”
ATRI’s 2020 Ops Cost report documents the slowdown of freight during the second half of 2019. The economic softening, combined with a number of independent factors including cheaper fuel prices, decreased the marginal cost of trucking.
Read more here: https://www.trucker.com/news/article/21148797/atri-trucking-operational-costs-decreased-last-year
