How do you calculate cost per km?

How do you calculate cost per km?

You can take the cost for your fuel per tank and divide it by the kilometres driven to find out your fuel cost per kilometre. e.g. $130 / 800km = $0.16 per kilometre.

How is transportation cost calculated?

Calculating your transportation costs

1. Calculating the total sales revenue. Revenue refers to the total value of the sales you’ve made within a given period. …
2. Transportation-level costs. …
3. Flexibility and speed. …
4. Distance. …
5. Weight, volume, and density of shipments. …
6. Fuel costs. …
7. Seasonal demand. …
8. Service level costs.

What is the cost per km?

The cost per kilometer is one of the most important parameters to reduce the operating costs of transport companies. Through this control, the company can evaluate its investment in the pneumatic item (second highest cost in the fleet) and thus reduce costs through products with better performance.

How to calculate cost per commercial tonne km?

Solution: Passenger-km = Number of buses x distance per trip – capacity of each bus x Number of trips × 2 × Number of operating days in a month × Occupancy Rate. Cost per Passenger-km = = 5 × 125 × 50 × 2 × 2 × 25 × 0.84 = 26,25,000 Passanger-kms Total operating cost divided by total Passenger-kms.

What should I charge per km for travel?

The per kilometre car expense claim rate for 2022-23 is to be 75 cents per km. The rate for 2020-21 and 2021-22 is 72 cents per km for up to 5,000 business kms. This claim method avoids the need to keep track of individual car expenses and receipts.

How is transportation cost calculated in logistics?

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.

What are the 4 basic costs of transportation?

In freight, the basic costs you’ll get billed for include these four items:

• Line haul.
• Pickup and delivery.
• Terminal handling.
• Billing and collecting.

How much does transportation cost?

In 2017, transportation costs made up the fourth largest expenditure among American households which spent an average of $9,737 each on transportation costs. The bulk of this cost is vehicle purchasing ($4,001) followed by other vehicle expenditures ($3,603) which can include insurance and repairs.

What is the cost of transportation per kg per km in India?

In 2021, the most expensive mode of logistics in India was air with around 18 Indian rupees per metric ton kilometer, more than tenfold the cost of rail transport. It was followed by road transport with 3.6 rupees per metric kilometer.