have kept my philosophy that you have to pay it forward if you want good things to come to you. I don’t want any- one to be hurt if I can help it.” Since the Highway Angel program
began in August 1997, hundreds of driv- ers have been recognized as Highway Angels for the unusual kindness, cour- tesy and courage they have shown oth- ers while on the job.
ATRI RESEARCH FINDS INDUSTRY’S OPERATIONAL COSTS ON THE RISE The American Transportation
Research Institute (ATRI) released the findings of its 2014 update to An Analysis of the Operational Costs of Trucking. The research, which identifies trucking costs from 2008 through 2013 derived directly from fleets’ financial and operational data, provides motor carriers with an important high-level benchmarking tool and government agencies with real world data for future infrastructure improvement analyses.
The average marginal cost per mile
in 2013 was $1.68, an increase from the $1.63 found in 2012. After the Great Recession and a sharp decline in fuel prices resulted in decreased industry costs between 2008 and 2009, costs steadily rose through 2010 and 2011, with a slight decline in 2012. The increase in average operating costs in 2013 is attributed to the ongoing driver shortage and the resulting wage increas- es by motor carriers to ensure retention of experienced, qualified drivers. “Carriers have experienced sig-
nificant increases in equipment and labor costs, as well as second-level line items like tolls and health care benefits. Given tightening capacity and strength- ening freight demand, ATRI’s opera- tional costs report enables carriers to evaluate business opportunities wisely,” commented Andrew Boyle, Executive Vice President of Boyle Transportation and a member of ATRI’s Research Advisory Committee. Since its original publication
in 2008, the Operational Costs of Trucking reports continue to be one of the most requested ATRI reports among industry stakeholders. In addition to average costs per mile, ATRI’s report documents average costs per hour and includes cost breakouts by industry sector. A copy of this report and the fact
sheet are available from ATRI at www.
atri-online.org.
THE TOTAL TRUCKING REVENUE BELL & COMPANY MANAGES ANNUALLY. AND WE’RE NOT A TRUCKING COMPANY.
Bell & Company provides expert accounting and financial advice to over 40 southeastern trucking and logistics companies with a combined revenue of almost $650 million annually. After all, we have unique firsthand trucking experience that makes us dedicated to helping you grow your profits. How can we put our 150 years of combined experience to work for you? Call us today for a free consultation.
bellandcompany.net / 501.753.9700 ARKANSAS TRUCKING REPORT | Issue 5 2014 15
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