Record-High Expenses Challenge Trucking Profitability i

By David Hollis of TruckersNews Operating expenses for trucking companies increased in 2023, according to the results of a new study released on Friday. The American Transportation Research Institute's 2024 Analysis of the Operational Costs of Trucking found the overall marginal costs of operating a truck hit $2.270 per mile in 2023, a new record high. While the increase was only 0.8 percent over the previous year, when surcharge-protected fuel costs are excluded, marginal costs rose 6.6 percent to $1.716 per mile, according to the study. ATRI's…