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Fleet benchmark report: cost per mile and margins, with your numbers beside them

By Edwin Horton · Updated

Benchmarks answer one question: is my cost per mile normal for a carrier like me? They don't set your rates. Your own cost per mile does that. But when one of your lines is far from the published average, it's usually worth knowing why.

This report gathers the 2025 figures from ATRI's annual cost study, with each source labeled, and lets you put your own numbers beside them.

Method. All figures come from ATRI's 2026 Analysis of the Operational Costs of Trucking, which reports 2025 data from a survey of for-hire carriers. Where a figure comes from trade coverage of the report rather than ATRI's own release, the table says so. Fleet-size splits appear only where ATRI publishes them. Updated October 2026.

Your numbers beside the benchmark

YOUR COST PER MILE VS THE BENCHMARK

Enter your own cost per mile for each line (dark bar). The light bar is ATRI's 2025 average. Saved in this browser.

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Your total: $0.000 per mile. Benchmark: $2.336.

Averages hide wide differences by equipment, region and fleet size. Price loads from your own number.

Benchmark lines from the table below. "Everything else" covers truck and trailer payments, insurance, permits and other costs, shown as the remainder of the $2.336 total.

Cost per mile, 2025

LineCost per mileSource
Total, all responding carriers$2.336ATRI Average operating cost per mile, 2025$2.336/miATRI's 2026 Analysis of the Operational Costs of Trucking: industry average for 2025, up from $2.260 in 2024. Fuel about $0.482/mi; non-fuel $1.854/mi; driver wages and benefits $1.028/mi.ATRI, Operational Costs of Trucking (2026 edition), 2025Checked Oct 2026
Total excluding fuel$1.854ATRI Non-fuel cost per mile, 2025$1.854/miATRI, Operational Costs of Trucking (2026 edition), 2025Checked Oct 2026
Fuelabout $0.482ATRI
Driver wages$0.818ATRI, via Transport Topics Cost per mile by sector, 2025 (ATRI)Truckload $2.21, LTL $2.58 (all carriers $2.336)ATRI's 2026 cost report, as reported by Transport Topics: truckload cost per mile $2.21 in 2025 (up 3.7% from $2.13) and LTL $2.58 (up 3.6% from $2.49); industry average $2.336. Per-mile costs for flatbed, tank and refrigerated were not reported in that coverage. Driver wages 81.8 cents and benefits 21 cents per mile; tires 5 cents; tolls 4.3 cents.Transport Topics on ATRI 2026 cost report, Jul 17, 2026, 2025Checked Oct 2026
Driver benefits$0.210ATRI, via Transport Topics
Repair and maintenance$0.215ATRI Repair and maintenance cost per mile, 2025$0.215/miATRI's 2026 Operational Costs of Trucking: repair and maintenance (parts, labor, roadside service; tires counted separately at about $0.05/mi) averaged $0.215 per mile in 2025, up 8.6% from 2024. Truckload fleets under 5 trucks averaged $0.275 per mile, against $0.169 for fleets over 1,000 trucks. By region: Midwest 21.4, Northeast 22.1, Southeast 19.8, South Central 19.4 and West 21.9 cents per mile.ATRI, Operational Costs of Trucking (2026 edition), 2025Checked Oct 2026
Tires$0.050ATRI, via Transport Topics
Tolls$0.043ATRI, via Transport Topics

Truck and trailer payments, insurance, and permits and licenses are part of the total but weren't broken out in the coverage we could verify, so we don't list them.

By sector and fleet size

MeasureFigureSource
Truckload cost per mile$2.21 (up from $2.13)ATRI, via Transport Topics
LTL cost per mile$2.58 (up from $2.49)ATRI, via Transport Topics
Repair and maintenance, truckload fleets under 5 trucks$0.275 per mileATRI
Repair and maintenance, fleets over 1,000 trucks$0.169 per mileATRI
Operating margin, truckload0.4%ATRI, via Transport Topics Operating margins by sector, 2025 (ATRI)Truckload 0.4%, refrigerated 0.6%, flatbed -0.5%, tank 4.0%, LTL 11.6%ATRI's 2026 Analysis of the Operational Costs of Trucking (2025 data), as reported by Transport Topics (July 17, 2026): average operating margins of 0.4% truckload (after a 2.3% loss in 2024), 0.6% refrigerated, a 0.5% loss for flatbed (after 0.4% in 2024), 4% tank (up from 1.9%) and 11.6% LTL (unchanged). ATRI's release said only LTL carriers and fleets over 1,000 trucks had healthy margins.Transport Topics on ATRI 2026 cost report, Jul 17, 2026, 2025Checked Oct 2026
Operating margin, refrigerated0.6%ATRI, via Transport Topics
Operating margin, flatbed-0.5%ATRI, via Transport Topics
Operating margin, tank4.0%ATRI, via Transport Topics
Operating margin, LTL11.6%ATRI, via Transport Topics

Fleet benchmarks 2025

CSV with measure, value, segment, source and link

Same figures as the tables above.

Download

What the numbers say

Costs hit a record. The 2025 average of $2.336 per mile was the highest in the series, up from $2.260 in 2024.

Margins stayed thin. Truckload carriers barely broke even on average, flatbed lost money, and only LTL and the largest fleets had healthy margins in ATRI's data.

Small fleets pay more to keep trucks running. The repair and maintenance gap by fleet size is large: about 10 cents a mile more for fleets under five trucks than for the largest fleets. ATRI doesn't publish the cause; in our view, older equipment and less buying power on parts and labor are likely parts of it.

Repair and maintenance by region

RegionRepair and maintenance per mile, 2025
Northeast$0.221
West$0.219
Midwest$0.214
Southeast$0.198
South Central$0.194

From ATRI's 2026 cost report as reported in trade coverage Repair and maintenance cost per mile, 2025$0.215/miATRI's 2026 Operational Costs of Trucking: repair and maintenance (parts, labor, roadside service; tires counted separately at about $0.05/mi) averaged $0.215 per mile in 2025, up 8.6% from 2024. Truckload fleets under 5 trucks averaged $0.275 per mile, against $0.169 for fleets over 1,000 trucks. By region: Midwest 21.4, Northeast 22.1, Southeast 19.8, South Central 19.4 and West 21.9 cents per mile.ATRI, Operational Costs of Trucking (2026 edition), 2025Checked Oct 2026. Regional differences reflect labor rates, roads, weather and equipment mix.

Why your number differs from the average

  • Equipment. Reefers burn fuel for the unit; flatbeds wear tarps and straps; older trucks need more repairs.
  • Freight and lanes. Toll-heavy corridors, urban stops and mountain grades raise costs per mile.
  • Miles per truck. Fixed costs spread over fewer miles raise cost per mile; trucks that run more miles have lower fixed cost per mile.
  • Empty miles. Every empty mile adds cost without revenue.
  • Pay model. Percentage pay moves with rates; per-mile pay moves with miles.
  • Fleet size. Small fleets often pay more for parts, insurance and equipment financing than the largest carriers.

None of these make your number wrong. They tell you which lines to watch.

Cost per mile and operating ratio together

Cost per mile tells you what a mile costs. Operating ratio, your costs divided by your revenue, tells you whether the miles you ran paid for themselves. A fleet can have a below-average cost per mile and still lose money if its rates per mile are lower still, or if too many miles are empty. Track both every month, per truck, alongside your revenue per mile. The trucking company KPI dashboard template has all three.

How to use the benchmarks

  1. Calculate your own cost per mile by line, per truck, with the small fleet cost per truck calculator.
  2. Compare line by line, not just the total. A normal total can hide a high repair line and a low fuel line.
  3. Look for the reason behind any big gap: old equipment, a lane with many tolls, a truck with a mechanical problem, high empty miles.
  4. Price from your number, not the average.
  5. Recheck yearly when ATRI publishes its next report.

EXAMPLE A three-truck reefer fleet enters its numbers. Fuel is close to the benchmark, but repair and maintenance comes in at $0.31 per mile, above even the small-fleet figure. The owner finds most of it is one older unit, gets a quote to replace it, and compares the new payment with the repair costs it would avoid.

Putting the benchmarks to work

The benchmark report anchors the money side of truck fleet management. If you run your own goods, see private fleet trucking for how private fleets measure cost. To decide who tracks these numbers as you grow, see the trucking company org chart template.

This report summarizes published research; it isn't financial or accounting advice.

Reading the benchmarks: quick answers

01

What is the average cost per mile for a truck?

ATRI's 2026 Analysis of the Operational Costs of Trucking put the 2025 average at $2.336 per mile across responding carriers, $1.854 excluding fuel. Truckload carriers averaged $2.21 and LTL carriers $2.58.

02

What is a good operating ratio for a trucking company?

Below 100% means operating costs are less than revenue. In ATRI's 2025 data, average margins were thin for most sectors: 0.4% truckload, 0.6% refrigerated and a 0.5% loss for flatbed, while LTL averaged 11.6%.

03

Do small fleets have higher costs per mile?

For some lines, yes. ATRI found truckload fleets under five trucks spent $0.275 per mile on repair and maintenance in 2025, against $0.169 for fleets over 1,000 trucks. ATRI doesn't publish every line by fleet size.

04

Where does this data come from?

ATRI's annual Analysis of the Operational Costs of Trucking, a survey of for-hire carriers. Some figures come from ATRI's release and some from trade coverage of the report; each is labeled.

05

How often is this report updated?

When ATRI publishes its next annual cost report, usually in summer.

06

How do I calculate my own cost per mile?

Add all costs for a period (fuel, driver pay and benefits, truck and trailer payments, insurance, repairs, tires, tolls, permits and overhead) and divide by total miles, loaded and empty.

07

What is the biggest cost for a trucking company?

In ATRI's 2025 data, driver wages and benefits together were the largest share, about $1.03 per mile, followed by fuel at about $0.48 per mile.

08

Why do small fleets pay more for repairs?

ATRI's data shows truckload fleets under five trucks paid about 10 cents more per mile for repair and maintenance than fleets over 1,000 trucks in 2025. The report doesn't give the cause; equipment age and buying power are common explanations.

09

What does cost per mile include?

Every cost of running the truck divided by all miles driven: fuel, driver wages and benefits, truck and trailer payments, insurance, repairs, tires, tolls, permits and licenses, and a share of overhead.

10

Is the ATRI average a good target for my fleet?

Use it as context, not a target. Your equipment, region, freight and fleet size change what's normal. The useful comparison is your own number this year against last year, line by line.

Empty miles move your cost per mile more than almost anything

Every mile counts in the denominator. The desk plans reloads before delivery to cut deadhead, and you approve every load.

4% for 2+ trucks, 5% for one, 7% while your MC is new