Tag

Operational Costs

All articles tagged with #operational costs

transportation2 years ago•2 min saved

Des Moines International Airport Parking Fees Set to Increase

Starting July 24, parking rates at Des Moines International Airport will increase, with the first 20 minutes remaining free and the hourly rate doubling from $1 to $2. Long-term parking will also see an increase from $18 to $20 per day. The price hike is necessary to cover the costs of expanding the parking garage, which will add over 1,100 new parking spaces. The expansion is funded by a federal grant, and the increased rates will cover operational costs such as new shuttles, gas and electric charger station installation, and shuttle driver wage increases.

via KCCI Des Moines|

#des-moines-international-airport #expansion #operational-costs

transportation2 years ago•3 min saved

Trucking Costs Surpass $2 per Mile Milestone.

The operational costs of trucking in the US have hit a new high, with marginal costs rising 21.3% to $2.251 per mile in 2022, surpassing the $2 per mile mark for the first time in the history of the American Transportation Research Institute's operational cost report. The cost of trucking has jumped 34% since 2021, with fuel being the largest driver of the spike in operational costs. Other factors contributing to the rise include parts availability and supply chain impediments, the atypical truck market/demand, and the competitive labor environment. Despite falling rates throughout the year, average operating margins were at least 6% in all sectors.

via CCJ|

#efficiency #inflation #operational-costs