TDMST Weekly Round-Up 2023.07.01

TDMST Weekly Round-Up 2023.07.01 is the trucking commentary on news affecting professional truck drivers for the week ending July 1, 2023, written by Vicki Simons.

We welcome your comments, thoughts and feedback on the items of your choice below.

TDMST Weekly Round-Up

1. Regarding ATRI, freebies, I-95 bridge, and Independence Day:

ATRI

From a June 29, 2023, email that we received from The American Transportation Research Institute (ATRI):

DAT TruckersEdge - Most Loads. Best Rates. Serving Owner-Operators Since 1978. 10% off your first 12 months. New customers only.

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Trucking Industry’s Operational Costs Hit New High
An Analysis of the Operational Costs of Trucking: 2023 Update

Prepared by the American Transportation Research Institute ATRI

ATRI has released the findings of its 2023 update to An Analysis of the Operational Costs of Trucking. A record number of motor carriers participated in this year’s research, which analyzes a wide variety of line-item costs, operating efficiencies, and revenue benchmarks by fleet size and sector.

Total marginal costs climbed to a new high in 2022 for the second year in a row, increasing by 21.3 percent over 2021 to $2.251 per mile. Though fuel was the largest driver of this spike (53.7% higher than in 2021), multiple other line-items also rose by double digits. Driver wages increased by 15.5 percent, to $0.724 per mile, reflecting the ongoing industry effort to attract and retain drivers. Driver benefits, however, remained stable in 2022.

Atypical market conditions posed unique challenges for acquiring and maintaining equipment in 2022. Truck and trailer payments increased by 18.6 percent to $0.331 per mile as carriers paid higher prices, largely due to equipment impediments in the supply chains. Closely related, parts shortages and rising technician labor rates pushed repair and maintenance costs up 12 percent to $0.196 per mile. Read More

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See other articles on this topic:

Freebies

I-95 bridge

Independence Day

No matter where you drive or when, please take precautions against cargo theft and the other motorists traveling around you.

2. Regarding crashes, drugs, fatalities, and smuggling:

Crashes

Please learn what you can from these articles so that you do everything reasonable to avoid being involved in a similar situation.

Drugs

Never ever haul illegal drugs, no matter how large of an incentive you’ve been offered.

Fatalities

We extend our deepest sympathy and offer our condolences to the families of those who passed away in the circumstances described in the articles linked below.

Please learn what you can from these articles so that if at all possible, you are not caught in the same kind of situation that leads to death.

Smuggling

Never ever haul human beings made in the image of God as if they were cattle or cargo.

3. Regarding bankruptcies, congestion pricing, delays, economy, insurance, pay, and tolls:

Bankruptcies

Hard economic times tend to sort out companies economically from time to time.

Congestion pricing

Delays

Economy

Insurance

Pay

Tolls

4. Regarding autonomous vehicles, batteries, electric vehicles, emissions, fuel, and fuel tax:

Autonomous vehicles

I most definitely oppose the operation of autonomous, self-driving, or driverless commercial motor vehicles on the same roads as the motoring public, but share these articles as a courtesy, so that you can keep up with what is going on in this industry.

Batteries

Electric vehicles

Emissions

Fuel

Fuel tax

5. Regarding business, parts, rates, recalls, Teamsters, and Yellow:

Business

Parts

Rates

Recalls

Teamsters

Yellow

6. Regarding banned, brake check area, defensive driving, distracted driving, inspections, and safety:

Banned

Brake check area

Defensive driving

Distracted driving

Inspections

Safety

7. Regarding fraud, tire slasher, and violence:

Fraud

Tire slasher

Violence

8. Regarding containers, operations, and parking:

Containers

Operations

Parking

9. Regarding labor costs, labor market, legal, and news:

Labor costs

Labor market

Legal

News

10. Regarding speed limiter, supply chain, and technology:

Speed limiter

Supply chain

Technology

More and more truckers and trucking companies are depending on Artificial Intelligence (AI).

But the platform is not foolproof.

11. Regarding health, testing, training, and truckers:

Health

Testing

Training

Truckers

12. Regarding awards and recognition:

Awards

We congratulate every professional truck driver who demonstrates skill in operating a semi-tractor trailer, including those in these articles.

Recognition

We recognize those who helped out their fellow human beings in a time of need.

My husband Mike and I wish you — and all professional truck drivers — safe travels and lots of money saving opportunities on the road.








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