Statistics About The Average Cost Per Mile For Trucking

In this post, we will explore the various factors that contribute to the average cost per mile for trucking in the United States. From driver wages and fuel expenses to maintenance and technology advancements, we will delve into the intricate details that shape this important metric for the trucking industry. By examining key statistics and trends, we can gain a better understanding of the cost implications that trucking companies and owner-operators face on a per-mile basis.

Statistic 1

"The average cost per mile has seen an increase of around 6% from 2018 to 2020."

Statistic 2

"The average cost per mile for trucking in the United States was approximately $1.82 in 2020."

Statistic 3

"Freight broker fees typically add about $0.15 to the cost per mile for hired trucking services."

Statistic 4

"The adoption of electric trucks can reduce the cost per mile by about $0.07 due to lower fuel and maintenance costs."

Statistic 5

"Technology and telematics improve efficiency by reducing the cost per mile by 3% to 5%."

Statistic 6

"Driver wages and benefits account for about 43% of the average cost per mile."

Statistic 7

"Utilizing aerodynamic devices can reduce fuel costs by up to $0.06 per mile."

Statistic 8

"Deadhead miles, where trucks travel without cargo, can increase costs by 15% to 20%."

Statistic 9

"Maintenance and repair costs are estimated to be around $0.17 per mile."

Statistic 10

"Toll charges can contribute an additional $0.05 to $0.06 per mile in certain regions."

Statistic 11

"Equipment purchase and leasing costs can constitute around $0.40 per mile."

Statistic 12

"Freight demand fluctuations contribute to an average cost per mile variability of up to 10%."

Statistic 13

"The average insurance cost per mile for trucking is about $0.08."

Statistic 14

"Fuel expenses represent around 21% of the average cost per mile in the trucking industry."

Statistic 15

"The cost per mile for owner-operators may vary between $1.50 and $2.50."

Statistic 16

"The cost of operating a truck per mile increases by approximately 1% to 2% annually due to inflation."

Statistic 17

"The fixed costs, including truck and trailer payments, are approximately $0.31 per mile."

Statistic 18

"Tires alone can add around $0.03 to $0.04 per mile to the overall cost."

Statistic 19

"Administrative costs are typically around $0.10 per mile."

Statistic 20

"ELD (Electronic Logging Device) mandates have added approximately $0.02 to $0.03 per mile operational costs."

In conclusion, the average cost per mile for trucking in the United States is influenced by various factors such as driver wages, fuel expenses, maintenance costs, equipment purchases, toll charges, and administrative expenses. The statistics reveal that costs have been increasing steadily, though efficiencies brought about by technology adoption and aerodynamic improvements can help offset some of these increases. Owner-operators face a range of costs between $1.50 and $2.50 per mile, emphasizing the variability in this industry. It is evident that understanding and managing the myriad components contributing to the cost per mile is crucial for trucking companies and operators to remain competitive and sustainable in a dynamic market.