Cost Per Mile Calculator
Know your costs. Grow your profits.
CALCULATE YOUR COSTS IN 5 QUICK MINUTES
As an owner of a trucking company, one of the most important things you can do before you start negotiating freight rates with shippers and brokers is to understand your cost per mile. Knowing and anticipating costs for your company enables you to forecast your expected profits. It can mean the difference between success and failure.
You’ll need the following information to complete the calculation:
- Fixed Costs – These costs stay the same month to month.
- Variable Costs – These costs can increase or decrease based upon the number of miles you drive each month.
- Total Miles Driven – This number helps you determine your total cost per mile.
- Total Revenue – This number helps you determine your profit per mile.