What is the average per mile cost of trucking?

What is the average per mile cost of trucking?

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. So, if one of your trucks drove 100,000 miles last year, you spent $290,000 to keep that single truck on the road.

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 hauling costs?

Trucking rates are calculated on a per-mile basis. First, take the mileage between the starting and destination points. Then divide the total rate by the number of miles between destinations to get your trucking freight rate.

How do you price truck loads?

Multiply the truck driver’s hourly rate by the length of time needed to complete the trip. The truck averages 60 mph. The 680-mile trip will take about 11 hours (680 / 60 = 11.33). If the driver pay rate is $12 per hour, the cost for the driver is $132 (11 x 12 = 132).

How do I calculate my truck cost per mile?

To calculate your cost per mile, simply divide your total expenses for the month by the total number of miles you have driven that month. For example, if your expenses totaled $3,000 and you drove 10,000 miles, your cost per mile is $0.30.

What truck loads pay the most?

Top 5 Highest Paying Trucking Jobs

• Ice Road Truck Driver.
• Tanker Hauler.
• Hazmat Truck Driver.
• Oversized Load Hauler.
• Owner Operator Driver.

What is the average rate per mile?

58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021, 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from the rate for 2021 and.

Do flatbed loads pay more?

Truck blog CDL 101 reported on average, flatbed truckers earn about $13,000 more annually than dry van truckers. Not only do they earn about 8 cents more per mile, but inclement weather may convince shippers to pay tarping surcharges to prevent precipitation from ruining the exposed load.

Why are truck load rates so low?

Since trucking rates are contingent upon the balance of supply and demand, if volumes were to drop back to pre-pandemic levels (with far more capacity in the market), rates would collapse. But even more worrisome is that the operating expenses of carriers are at much higher levels than before COVID.

How much should you charge 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 much should I charge for Hotshotting?

Generally speaking, hot shot hauling rates are around $1.50 per mile. Some jobs, typically urgent ones, pay as much as $2 per mile, but they are not common. This is balanced by loads with a more typical minimum of $1 to $1.25 per mile.

How do I find the highest paying loads?

To best way to find the highest paying loads for truckers is to find a large volume of loads on a quality load board. High-quality job boards have hundreds of thousands of loads in lanes spread throughout North America. They make it easier to get the most buck with your truck.

How can I get high-paying freight loads?

Look for an association of retail store chain owners. Try the Government – If you can, try to bag government contracts. The government is a great client that offers high-paying loads and pays reliably. Government agencies like the Postal Service and the Military are some examples of possible clients.

What trucking company pays the most per mile?

10 Best Paying Trucking Companies