When you look at leading headlines in any trucking industry publication, you see the same critical issues referenced repeatedly: Hours of service (HOS); the Federal Motor Carrier Safety Administration’s (FMCSA) Compliance, Safety, Accountability (CSA) program; driver shortage; government mandates; truck emissions; and increasing traffic congestion.
Can a Growing Economy Offset New Regulatory Costs?
Disclaimer: The views and opinions expressed in this article are those of the author and ATRI and do not necessarily reflect those of C.H. Robinson.
The American Transportation Research Institute (ATRI) collects massive amounts of both trucking industry and government data, anonymizes it, and then analyzes the data in myriad ways. For instance, with our “operational cost” analysis we can see that per-mile and per-hour fuel costs are reaching all-time highs, and may exceed 2008 costs in the next year. We can also see that driver wages and bonuses are climbing for veteran drivers—both because of the driver shortage and the need to keep “safe” drivers from heading to greener pastures.