Benchmark Snapshot: 2025 at a Glance
According to Fleetio’s 2025 Fleet Benchmark Report:
| Metric | Trucking & Logistics Fleets | Overall Fleet Average |
|---|---|---|
| Miles Driven | 68,040 | 33,368 |
| Cost per Mile (CPM) | $0.31 | $0.24 |
| Fuel CPM | $0.16 | $0.14 |
| Service CPM | $0.11 | $0.07 |
| Total Cost per Asset | $19,612.01 | $10,168.71 |
Trucking and logistics fleets drive more than twice the mileage of the average fleet — and pay the price in both cost per mile and total cost of ownership. But for an industry where uptime equals income, tracking and controlling those numbers is everything.
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What’s the Total Cost of Ownership for Trucking Fleets?
The median total cost of ownership (TCO) for a trucking or logistics fleet asset in 2025 is $19,612.01 — nearly double the fleet-wide average of $10,168.71.
These fleets drive hard and fast — over 68,000 miles annually per vehicle — and every mile compounds the impact of inefficient maintenance, aging equipment, or poor fuel performance.
To keep TCO in check, logistics fleets should:
- Prioritize preventive over reactive maintenance
- Monitor fuel efficiency by driver and route
- Use CPM trends to guide replacement timing
Tracking TCO isn’t about cutting corners — it’s about keeping vehicles on the road and protecting your margin mile after mile.
Why Is Trucking CPM So High?
Trucking and logistics fleets are built for volume — and volume brings cost. Higher CPM is driven by:
- Long-haul routes and fuel-heavy mileage
- More frequent service intervals
- Higher risk of unscheduled repairs
- Downtime that directly impacts delivery SLAs
Compared to industries like Retail & Manufacturing — where CPM averages just $0.17 — the cost of distance becomes crystal clear.
What’s Driving Up Your CPM or TCO?
If your cost per mile is rising above $0.31, or your TCO is creeping past $20k per vehicle, you might be seeing:
- Deferred service and maintenance gaps
- Aging vehicles pulling more weight than they should
- Inefficiencies in routing, idling, or utilization
Fleetio makes it easier to connect the dots between asset performance, repair history, and total operating cost — so you can fix the problem before it hits your P&L.
How to Lower Your Fleet’s Cost per Mile and TCO
With fleet management software for logistics, you can:
- Automate preventive maintenance and track compliance
- Drill into cost-per-asset and cost-per-route reporting
- Track downtime and utilization in real time
- Use TCO trends to drive replacement strategy
Pro-tip
Vehicles over 10 years old cost up to 35% more per mile to operate. Build a replacement plan based on CPM and TCO, not just odometer readings.
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Fleetio helps logistics fleets lower CPM and TCO through automated reporting, smart maintenance, and real-time visibility — all from one centralized platform.
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