Operational Costs Jump Over 6% in 2023

ATRI Details 12.5% Increase in Truck Insurance

In its 2024 Analysis of the Operational Costs of Trucking, the American Transportation Research Institute (ATRI) reported that trucking’s operational costs rose an average of 6.6 percent to $1.716 per mile in 2023. Some examples of costs that have increased are:

• 8.8% increase in truck and trailer payments, or $0.36/mile
• 7.6% increase in driver wages, or $0.779/mile
• 3.1% increase in repair and maintenance costs, or $0.202/mile

Truck insurance rose by 12.5 % to $0.099/mile, after experiencing modest increases in 2021 and 2022. (If you haven’t requested a truck insurance quote from ICSA’s risk purchase group, you can do so here.)

The report also cited the soft freight market for reducing operational efficiency as seen through an average 16.3% increase in deadhead mileage. Combined with lower freight rates, average operating margins were 6% or lower in all fleet sizes and sectors except LTL.

In the report ATRI also conducted an analysis of cost trends in 2024 and beyond, including carrier- reported changes in Q1 2024 costs. The full report is available at no charge on ATRI’s website here.

Work Zones Everywhere

15 April 2026

The 2026 road construction season is going to be one of the largest in U.S. history and anyone using the roads should be prepared for what’s coming.

Focus on ELDs

15 April 2026

With the upcoming CVSA International Roadcheck 2026 focus on ELD tampering, ICSA wanted to remind members some things that they need to know about their ELDs.

Updates on the Industry: TCA Truckload 2026

19 March 2026

In March, ICSA’s executive director Shawn Nelson was privileged to attend the annual conference for the Truckload Carriers Association (TCA). Truckload 2026 was packed with information that ICSA is committed to bringing back to its members.