ATRI: Fuel costs top the list of trucking industry issues

ATRI: Fuel costs top the list of trucking industry issues

The American Transportation Research Institute recently released its 18th annual Top Industry Issues report, identifying the leading industry concerns including fuel prices, the driver shortage, truck parking, driver compensation, the economy and for the first time, speed limiters.

In a year that saw record-high fuel costs, fuel prices were ranked as the top industry concern, replacing the Driver Shortage, which had been the number one issue for five years in a row. This year, the driver shortage was the second-ranked issue, followed by the lack of available Truck Parking. Rounding out the top five this year were Driver Compensation and the Economy.

With the release earlier this year of the Federal Motor Carrier Safety Administration’s Notice of Intent to enter into a speed limiter rulemaking in 2023, Speed Limiters ranked in the top ten this year for the first time, coming in ninth overall and fifth among commercial driver respondents. 

Over 47 percent of the survey respondents were professional truck drivers and 39 percent were motor carrier executives. Among driver respondents, Truck Parking, Fuel Prices and Driver Compensation were the top three concerns, while motor carriers ranked the Driver Shortage, Driver Retention and Fuel Prices as their top three concerns.

More than 4,200 trucking industry stakeholders participated in this year’s survey, including motor carriers, truck drivers, industry suppliers, driver trainers, law enforcement, and others. 

The complete results of the annual survey were released as part of 2022 American Trucking Associations’ Management Conference and Exhibition.

You May Also Like

Hydrogen ICE vehicle shipments to hit 400,000 by 2040

Hydrogen ICE vehicles are most attractive for when battery electric alternatives are unavailable or not fit for purpose.

New research from Interact Analysis shows that hydrogen ICE vehicles are in their infancy in terms of rollout. However, mass production is predicted to take off within five years. Although the costs of the engine and the vehicles themselves are relatively low, their running costs are currently high, making the total cost of ownership (TCO) unfavorable. This, coupled with the lack of refueling infrastructure required, means they are less attractive compared with fuel cell and battery electric alternatives. Hydrogen ICE vehicles require a series of minor changes compared with traditional ICE vehicles, including different spark plugs and other changes to materials. On their own, individual changes do not present too much of a challenge, but in combination the total cost of manufacturing the vehicle soars. In addition to this, adding greater complexity increases the potential risks once the vehicle is in mass production.

Five truck trend takeaways from January

Embrace the month and catch up on January’s popular stories and a bonus one too.

Transervice Logistics gets new VP of Northeast operations

Marc Fried will be VP responsible for maintenance and full-service lease operations in the Northeast.

How Decker Truck Line leverages technology to improve operating efficiency

Company ownership remains under the Decker family lineage with Dale Decker’s grandson, Donald, serving as chairman of the board and Donald’s son Dale enlisted as CEO.

Decker-Truck-Line---Mt.-Rainier,-WA-1400
Rockview Farms deploys Volvo LIGHTS project’s final two VNR Electric trucks 

Volvo Trucks deployed its first Class 8 Volvo VNR Electric trucks to fleet operators in 2019.

Other Posts

Economic downturn could be less severe according to latest data

Data from ACT Research reports the potential for limited interest rate increases.

finance-generic
Leasing and Finance Index new business volume for November up y/y

Volume was down 24% from $11.3 billion in October. Year-to-date, cumulative new business volume was up 6% compared to 2021.

Equipment-Leasing-and-Finance-Association’s-survey-of-economic-activity-1400
December Class 8 intake caps off a robust final four months

At 30,300 units, December Class 8 orders show a positive progression moving into the new year.

Penske-Truck-Leasing-Freightliner
A new standard for diesel power is set in California

In 2021, California was the sixth fastest growing state for registrations of these new technology trucks, adding nearly 30,000 new units since 2020.

dtf-logo-1400