How do you calculate operating cost per tonne mile?

How do you calculate operating cost per tonne mile?

1. Variable Costs:
2. Total Costs.
3. 3,750.
4. (i) Operating Cost per Tonne-mile = Total Cost / Total Tonne-miles.
5. = ₹ 0.50 or 50 paise per tonne-mile.
6. (ii) Rate per trip to be charged by the company:

How do I calculate my cost per mile?

Calculating cost per mile becomes a simple equation once you know your mileage and total expenses. Divide your total expenses by the total number of miles driven, and the result is your cost per mile. For example, the USPS drives 1.2 billion miles every year, with annual costs totaling $82.2 billion.

What is a per ton mile?

What is a ton-mile? One ton-mile is the equivalent of shipping one ton of product, one mile. For example: One ton-mile is the equivalent of shipping one gallon of milk about 225 miles.

How much should I charge per mile for hauling?

Here are the current rates for the most popular freight truck types: Overall average van rates vary from $2.30 – 2.86 per mile. Reefer rates are averaging $3.19 per mile, with the lowest rates being the Northeast at $2.47 per mile. Average flatbed rates average at $3.14 per mile.

How do you calculate transportation costs?

Find Transportation-Level Costs Divide the total transportation costs by the total sales on the transported products to determine the percentage costs for transportation. Include all transportations costs in this equation, such as payroll for transportation staff, fuel use, insurance costs and maintenance costs.

How much is trucking per mile?

The latest data from the National Private Truck Council (NPTC) says the average trucking cost per mile in the U.S. for private fleets is $2.90.

What is the average cost per mile?

Fuel costs an average of 10.72 cents a mile, though that expenditure varies widely based on the vehicle’s fuel efficiency. Electric vehicle owners pay an average of 3.66 cents a mile traveled, compared with 15.81 cents a mile for pickup truck owners. Maintenance and repair costs work out to 9.55 cents a mile.

How do I calculate the cost of running my truck?

To estimate the fuel cost for a trip you need the trip distance, cost of fuel per liter, and the vehicle’s average fuel consumption. In other words: Divide the total distance (km) by 100. Now multiply the answer by the average fuel consumption, and then multiply this number by the price of fuel (per liter).

How is RT calculated in shipping?

Revenue ton (R/T)

1. The greater of the total number of cubic meters versus the total number of metric tons;
2. The greater of total cubic feet/40 versus the total gross weight in pounds/2.000;
3. The greater of total cubic feet/40 versus the total gross weight in pounds/2.234.

How much does freight cost per pound?

Cost per pound will vary between $0.10 and $0.75 with most shippers falling in the $0.22 – $0.42 range. Lower cost per pound is obviously better because it means the shipments were less expensive. The cost per pound metric can be used to compare individual shipments, carriers, and even weekly invoices.

What is the rate per mile for flatbed loads?

National average flatbed rates are currently averaging $3.44 per mile, $. 03 higher than the April average. The Midwest has the highest average flatbed rates at $3.79 per mile; the lowest rates are in the West, with an average of $2.99 per mile.

How do you calculate miles?

Simply multiply the speed by the time. If a car drives two hours at 64 miles per hour, it traveled 130 miles.

How do car haulers charge?

Car hauling rates per mile vary based on total mileage. The industry average cost to ship a car with an auto transport company is upwards of $2.00 per mile for journeys less than 200 miles. The price dips down to an average of $0.58 per mile for true long-distance moves exceeding 1,500 miles.

How do you calculate mileage on a truck?

Calculate

1. Get the miles traveled from the trip odometer, or subtract the original odometer reading from the new one.
2. Divide the miles traveled by the amount of gallons it took to refill the tank. The result will be your car’s average miles per gallon yield for that driving period.

What is the cost of transportation?

What Are Transportation Costs? Transportation costs are all the expenses related to the transportation of raw materials, finished products, and employees. It’s the money behind making sure all moving parts get where they need to be so your customers get their product or service on time.