Last year it cost more than an average $90 per hour to operate a truck, breaking the 2021 record as the most expensive year in trucking, the American Transportation Research Institute (ATRI) says.
Despite the rising costs, fleets managed to improve some operational factors such as driver turnover and equipment utilization, ATRI says in the report.
The trucking industry’s attempts to retain and hire drivers are reflected in the 12.3% increase in total driver compensation. Driver wages grew over 15%, and ATRI says this is the fastest pace it has observed to date.
