Issue link: https://read.dmtmag.com/i/591411
Team Feature Continued fuel costs and equipment costs (including repair and maintenance) made up 91 per- cent of carrier costs in 2014. Other carrier costs that rose in 2014 in- clude truck insurance premiums, tires and tolls, which collectively increased carrier costs by 1.4 cents a mile. Tire spending rose three-tenths of a cent to 4.4 cents a mile, insurance premiums rose seven- tenths of a cent to 7.1 cents a mile and toll spending rose four-tenths of a cent to 2.3 cents a mile. By sector: Despite an increase in the overall av- erage cost per mile, both truckload and less-than-truckload carriers reported de- creases in cost-per-mile. Truckload CPM fell two cents to $1.58, while LTL CPM fell a penny to $1.83. Specialized carriers saw their CPM climb nearly 20 cents, how- ever, to $1.85 a mile. ATRI attributes the increase to an uptick in specialized truck and trailer purchases and new leases and increased insurance costs associated with those purchases and leases. Speed limiters and e-log usage up: More than 90 percent of survey respon- dents (91.8 percent) said they limit their trucks' speeds, with 65 mph being the most common speed limit. That's up from last year's 86.8 percent, but down from the most recent peak in 2011, 93.2 percent Adoption of electronic logging devices also climbed in 2014, with 63 percent of carriers — a 10 percent increase — re- porting some use of ELDs.> www.jobsfor teams.com JOBS for TEAMS | 18