How To Calculate Your Cost Per Mile For Your Trucking Business (Step By Step)

In this video, I break down how to calculate your cost per mile as a trucker. I'll walk you through the formula to determine your fixed cost per mile, your variable cost per mile, and your total cost per mile. Understanding these numbers is crucial for managing your expenses, setting rates, and maximizing your profits. Whether you're an owner-operator or managing a fleet, knowing your cost per mile will help you make smarter business decisions. Don't miss this essential guide for every trucker!

#TruckingBusiness #CostPerMile #OwnerOperator #Truckers #Transportation #Logistics #TruckingTips #BusinessFinance #freight

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[danieltheliska]

Mark is the G.O.A.T. In the box trucking world

[DH-sfuy]

Hey Mark how you doing. I really appreciate what you doing teaching about being a business owner and trucking . Thanks for all the content.

[kenc]

This why the real fuck with u, and the fake hate on you. Man you just broke that shit down in simple terms and in less then 3 minutes 😂 U just helped hella people know their business on the money side in less then 3 damn minutes. U the truth blood keep yo foot on their throats

[terrancejackson]

how to determine cost per mile when just starting out

[patrt]

In my flea bitten opinion add
fuel $5 a gallon for 10mpg equaling .50 a mile
hotel rooms if otr $100 over X miles so ? a mile
deferred cost of tires $4000 for tires lasting 50, 000mi so .08 a mile
deferred cost of pm $500 every 10, 000mi so .05 a mile
If you are a driver with nothing to do between loads break out your receipts and do a week and divide by total miles traveled. You may find you would've made more money not taking a load.
YMMV

[blades]

And what about your house payment and your bills and kids and car payment

[JColb]

Just adding a comment so folks can see this 😂.. Take notes

[Babygal]

Hey Mark remember when I asked you on your other video about that delivering lottery slips and u said its in Chicago under state. So today I called Ga lottery and asked how could I deliver lottery slips and tickets for them and she informed me the stores etc order and pay online and the us postal service delivers to where it has to go. She said once they order it's on them to get it to the location. I'm so sad right now. I been thinking about this every since I saw your video about it. We run a 26 box truck here in Ga. Thanks for great videos. This one is just what we neeed cost per mile so does this apply for local running too? So the price local should be 2 or 2.50 per mile?

[KEVINSURIEL]

Quick question what number do I put in for truck payment If the truck was paid in full from day 1? cashed out basically