Record-high fuel prices pushed truck operating costs more than 2 percent higher in the last quarter of 2007, ATN's exclusive
Record-high fuel prices pushed truck operating costs more than 2 percent higher in the last quarter of 2007, ATN‘s exclusive cost index shows.
The ATN-PKF Truck Operating Cost Index spiked 2.15 percent higher over the three months to December, following on from an almost 1 percent hike in the previous quarter.
The national average price of diesel was $1.42 during the quarter, the highest in the ten-year history of the index.
Non-fuel costs only rose 0.4 percent.
The index shows a 4.98 percent jump in costs across 2007.
The ATN-PFK Truck Operating Cost Index — developed by Rick Copping of chartered accounting firm PKF and prepared by ATN — is available as a downloadable spreadsheet exclusively for ATN subscribers.
The index measures truck operating costs for a typical long and short haul operation, based on cost input figures from reliable sources including the Australian Bureau of Statistics, FuelTRAC and WorkCover authorities.
While the index can be an independent and credible source to justify setting rates, it should only be used as a guide.
For feedback or further information on the cost model please e-mail us.
To subscribe to ATN and gain access to the ATN-PKF Truck Operating Cost Index phone the subscriptions department on (freecall) 1800 649 578 or subscribe online.