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KSM Blog | Katz, Sapper & Miller CPA

Diesel Costs Continue to Slide

Posted 9:13 PM by

The national average price for a gallon of diesel fell to $3.64, the lowest since February 2011. Fuel is the single largest expense for truckers, who’ve seen the average cost per mile increase each year since 2010, based on the results of the American Transportation Research Institute’s report, An Analysis of Operational Costs of Trucking. In an industry with continued tight capacity and a driver shortage, this could mean great things for companies that can successfully seat their fleet. Read more

Year 

Total Cost per Mile 

Diesel Cost per Mile 

% of Cost per Mile 

2010 

$1.55 

.49 

31.4% 

2011 

$1.71 

.59 

34.6% 

2012 

$1.63 

.64 

39.3% 

2013 

$1.67 

.65 

38.5% 

 

About the Author
Matt Gard is a manager in Katz, Sapper & Miller’s Audit and Assurance Services Department and a member of the firm's Transportation Services Group. Matt audits and reviews financial statements, and he advises clients on accounting, reporting, compliance and internal control matters.


 
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