2023 freight recession led to a 6% increase in industry costs, with overall truck marginal costs reaching $2.270 per mile.
ATRI reveals that industry costs increased more than 6% amid the 2023 freight recession. Operating a truck's overall marginal costs hit a record $2.270 per mile in 2023, a 0.8% increase over 2022, with cost per mile rising 62.4 cents since 2020. Expenses in 2023 rose moderately across most categories, including truck and trailer payments, driver wages, and repair and maintenance.
June 25, 2024
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