A new survey found that truckers are able to take advantage of subsidies to save money on the most common truck costs.
The U.S. Department of Labor’s Bureau of Labor Statistics conducted the survey for the Truckers Alliance, an advocacy group for truckers, and the Association of UHaul and Suburban Passenger Companies, which represents the fleets of about 300 companies that make up the vast majority of U.
Haul’s truck fleet.
A total of 6,800 UHaus were surveyed.
About 4,000 of them had no subsidy to purchase the cheapest equipment and supplies for their vehicles.
The survey also asked the truckers to estimate the cost of a full truck of their choice.
About 2,700 surveyed companies provided estimates of the cost to build a new or modified truck, including costs for spare parts, equipment, maintenance, and fuel.
The industry average for these estimates was $8,000.
The average subsidy was $9,000, and it varied by company, according to the survey.
The average subsidy for a new, modified, and a new-to-market vehicle was $14,500.
The subsidy for an older vehicle was also higher, $28,000 for a truck with a minimum age of 24 years and $28.75 for a modified vehicle.
The survey also surveyed the average subsidy that companies received for repairs and maintenance.
The companies with the highest average subsidy were: UnitedHaul ($25,000); Cummins ($20,000) and Uhaul ($17,000).
The survey was conducted in September and October, and data from the last survey was released in May.