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Before getting into the details on trucking rates per mile 2024, it’s important to understand what goes into determining freight truck rates. In this guide, you’ll find out what current trucking rates per mile are and get a refresher on the industry terms to remember as you navigate truck rates.
The typical cost per mile for trucking can vary widely depending on factors like fuel, wages, truck payments, insurance, maintenance, and more. As of September 2021, the average cost was around $1.75 per mile, though it’s advisable to research current figures for accuracy.
A simple and intuitive tool for owner operators and truck fleets to calculate the monthly and per mile cost of operating commercial semi trucks
Knowing this cost, is the only way to set a freight rate that will generate enough revenue to pay costs and generate a profit. Enter your trucking company’s costs in each of the following fields to calculate CPM.
23 Φεβ 2024 · For the cost per mile calculator Excel, as provided below, you should have at least one month’s mileage and fuel consumption data available per truck. You will also need to factor in drivers’ wages, depreciation, insurance, and any other expenses pertaining to your fleet.
Knowing your trucking company’s cost per mile benefits you in many ways. It helps identify spending patterns and areas where you can cut back if needed. Cost per mile also allows you to determine an appropriate per-mile rate to charge shippers.
Cut Costs and Maximize Profits with Our Trucking Cost per Mile Calculator. Calculate Your Expenses and Boost Your Bottom Line.
