Slowing freight demand reduced line item costs to operate a truck in 2019, according to the American Transportation Research Institute (ATRI).
The average marginal cost per mile incurred by motor carriers in 2019 decreased by 9.3% to $1.65. But that was still 6 cents per mile higher than during the last freight softening in 2016.
In 2019, trucking costs contracted from $1.821 to $1.652. The cost per hour fell to $65.11 from $71.78 in last year’s report.
The economic softening, combined with...