Heavy Duty Trucking, August 2018
HDT AUGUST 2018 70 WWW TRUCKINGINFO COM PARTS SERVICE Repair and Maintenance Cost per Mile by Fleet Size Repair and Maintenance Costs Per Mile 100000 Miles Per Year Repair and Maintenance Costs by Sector LTL carriers reported the highest R M costs again in 2016 reflecting the pressures of more frequent pickup and delivery and the growing influence of e commerce This marks a return to the historical norm with LTL carriers reporting R M CPM of 228 cents followed by specialized carriers at 182 cents and TL carriers reporting costs of 131 cents per mile SOURCE AMERICAN TRANSPORTATION RESEARCH INSTITUTE Less than5 PowerUnits 0151 0185 0156 0160 0153 0137 01415 25PowerUnits26 100PowerUnits101 250PowerUnits251 1000PowerUnitsGreater than1000 PowerUnits 000 005 010 015 020Year 1Cents Per Mile553 217 663 1052 1423 1456 1982 Year 2Year 3Year 4Year 5Year 6Year 700 50 100 150 200 250 300 663 553 207 1 Truck 7 Year Lifecycle Average 1048 mile2 Trucks 4 Year Lifecycle Average 618 mile ACTUAL CPM COST EXCESS COSTEXCESSCOST903 EXCESSCOST1319 EXCESSCOST1216 Sector 2010 2011 2012 2013 2014 2015 2016 Less Than Truckload 015 018 018 018 019 017 023 Specialized 014 016 014 013 018 017 018 Truckload 011 014 011 014 013 014 013 Fleets with fewer than five power units paid on average 185 cents per mile on R M in 2018 the highest rate among fleet categories Larger fleets on the other hand were faced with more capacity when freight demand softened in 2016 which resulted in motor carriers with 250 or more power units paying the least R M SOURCE AMERICAN TRANSPORTATION RESEARCH INSTITUTE Over the course of seven years the lifecycle excess variable cost equates to 34379 per truck which runs into the millions when looking at a fleet with 100 or more trucks SOURCE FLEET ADVANTAGE
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