Trucking Cost Per Mile 2017

Trucking Cost Per Mile 2017

Here are the most fuel-efficient Trucks of 2017, ranked by combined fuel economy. Reefer rates remain highest in the Midwest, averaging $2. the good ol days when I could get a 10k check for. DAT Freight Index: November Rates Break 3-Year Record for Dry and Refrigerated Vans van rate hit $2. Here's some more detail. A single truck can cost over $180,000 to keep on the road each year. 68 per hour. The cost of gas is an expense to the shipper, so you can expect that any destination involving high mileage is going to require a great deal of fuel, which will become part of the car shipping costs per mile. 68 an hour before expenses but is that the best way to think about earnings? Today, RSG contributor Will Preston explains how to calculate per mile earnings instead of per hour. The Ford Super Duty is the 2017 Motor Trend Truck of the Year - discover how the heavy-duty truck impressed us right here. The unpriced external costs of transporting freight by truck (per ton-mile) are around eight times higher than by rail; those costs net of existing taxes represent about 20 percent of the cost of truck transport and about 11 percent of the cost of rail transport. Site Home | Log In | Log In. 49 per mile, and lowest in the Northeast, with an average of $1. 2 billion in. Large Truck and Bus Crash Facts (LTBCF) is a recurring annual report that contains descriptive statistics about fatal, injury, and property-damage-only crashes involving large trucks and buses. Clear Odometer 34147 Actual Miles Damaged Salvage Truck Opa Locka, Florida Vehicle history report. 26 per mile, and that's carrying 80,000 pounds and. Rogers Submitted to: The International Council on Clean Transportation (ICCT) San Francisco CA By: The Sustainable Transport and Emissions Services Company TSTES SA de CV. A draft of this monograph was reviewed by the following people:. If John’s business runs 20,000 miles per month, then the loads his company hauls need a rate of at least $1. The Cost of Operation report is both a reporting and a planning form. 4 billions dollars is produced annually and paid by the trucking industry. S Air Carrier Traffic Statistics through July 2019. Fleet Cost-Per-Mile Data Analyzed September 24, 2013 Given current fuel prices, motor carrier fuel costs are almost certain to continue to be the first or second largest cost center for fleets and increasing freight demand, new government regulations and an aging workforce will continue to intensify the shortage of qualified drivers. Owner Operator Pay Per Mile Rate Averages. After determining how much you owe per mile, do the math. 2017 GMC Sierra Diesel Price and Release Date. For the most part, the type and amount of product being shipped does not impact the truckload rate as long as the normal freight insurance is adequate and the total weight is under 45,000 lbs. The trucking industry consumes 53. Truck maintenance, which can be $400+ per month. 7 billion in operating revenue, up 3. Whenever you drive your vehicle for a business-related activity, write in the notebook the date, purpose of the trip, starting mileage from the odometer (e. In 2017, the average marginal cost was 1. The average operating cost per mile for a 4x4 pickup over the same 10-year period was $0. If you spent $3,000 last year in ownership costs and drove 15,000 miles, your ownership cost is 3,000 divided by 15,000, or 20 cents per mile. An Analysis of the Operational Costs of Trucking: 2013 Update2 In summary, tables ES1 and ES2 present the marginal cost per mile (CPM) and cost per hour (CPH) for 2012 juxtaposed with 2008 - 2011 data for comparison purposes. 29 per mile. 206 Appeals. The flagship Detroit DD15 is the perfect long-haul, heavy-duty diesel engine. 4 per cent from the previous year to a record-low 2. The figure billed per mile, per tractor trailer reflects the overall revenue. U-Haul will also charge you for each mile, and the price can vary. Hauling cattle takes experience and specialization. 00 per mile if their rig is expensive and they choose to be home more often. 29 per mile. The chart above depicts national average line haul rates and fuel surcharges for vans in the past 13 months, derived from DAT RateView. The biggest immediate cost-advantage comes from savings in energy costs: Fully loaded, the Tesla Semi consumes less than two kilowatt-hours of energy per mile and is capable of 500 miles of range. It never does. 79, there goes the cost per gallon advantage with diesel! Ant 1. Find Truck: Find Truck in our database based on location, truck type etc. As a tow truck business owner, you'll be able to retain all of your profits. 57 million per mile. 50 cy Track loader 12-cy dump trucks Truck speed Truck offloading time Pit Location 16 miles from site. Current load-to-truck capacity shows reefer demand is highest in the Northern third of the country. When searching for loads, you can choose to search for. 03 per mile), enough to purchase 16 new tires annually, but still not enough to replace every tire of an 18-wheeler. Understand the cost of petrol, insurance, car tax and servicing to cut down your annual car running costs. The Cost-Per-Mile Calculation plays an important role in the success of your trucking operation, because it will tell you the operating expenses of your truck per mile driven. One of the biggest deductions for an over-the-road trucker is the meal per diem rate, which can vary from state to state. S Air Carrier Traffic Statistics through July 2019. It is a different story this year. Our concern in this report is the marginal cost of driving a vehicle one additional mile. The Ford Super Duty is the 2017 Motor Trend Truck of the Year - discover how the heavy-duty truck impressed us right here. How Much Is Truck Driving School at TDI? Your upfront out-of-pocket cost will be approximately $200–$300, depending on whether or not you require lodging. 30 per hour, which is a $27,664 salary, but this includes drivers who work for someone else. Our cost calculations this year are based on an average bulk price per litre of 27p, compared with 29p twelve months ago. 6 cents per mile, 5% higher than last year. Marin County Sausalito, Marin County, Tiburon (26 total) $74. The three most common per mile pay rates are: Practical Mileage: This is calculated using the most efficient distance between the origin and the destination. Base Fare + (Cost per minute * time in ride) + (Cost per mile * ride distance) + Booking Fee + Other Fees = Your Fare Up-front pricing: See how much you will pay before you request a ride Uber launched the upfront pricing feature in 2016, which tells you how much you’ll pay as soon as you enter your destination before you request it. For example, to determine the energy cost per mile of an electric vehicle, select the location on. Projected 2017 price levels (based on EIA’s 2012 AEO Report) Projected 2017 price levels (based on historic NG price levels) (Assumes 50 vehicles, 200k miles per year; historic NG pricing for 2017 yields NG commodity prices at. Nat ionally, that number this year is 3. 7 million miles of real world fuel economy & MPG data. Being paid this way shows the true yearly amount that a truck driver makes. Rates change from one haul to the next, and you’ll see rates per mile of $2 stated by some drivers, but these aren’t plentiful jobs in most cases. When searching for loads, you can choose to search for. Electricity cost based on average energy price of electricity (per kWh) in United States. n For a typical 80,000-pound long-distance truck covering 81,000 miles a year, the total road-user fee is $9,050 a year, or 11. Marginal public infrastructure costs were significant only for. 0 cents/mile for maintenance for years. This monthly freight summary includes both freight and mail carried by U. Having a good understanding of the distances between your start and end points is what will ensure you always turn a profit on your jobs. TruckSpring. 2 by the American Transportation Research Institute. The insurance you have on your own car may cover the truck. Many fleets say 2018 was one of their best years ever, but smaller carriers (1-100 trucks), while growing, struggle with challenges such as drivers, high fuel and insurance costs, government. For vehicles driven 15,000 miles a year, average ownership costs added up to about $8,469 per year in 2017. That is, we focus on costs that increase when a vehicle is driven more, such as fuel use and tire. Trucking isn’t just a career field for men. Let’s say it pays 60 cents per mile, or $339. This chapter covers the development of freight rates and transport costs in 2016 and early 2017, describing relevant developments in maritime markets, namely supply and demand in container ships, dry bulk carriers and tankers. Trends Shaping the Future of Freight - Presentation (March 29, 2017) Author: U. The fixed cost must be reduced on a pro-rata basis if the vehicle is used for business purposes for less than a full year. According to a 2017 survey, California ranked as the 15th lowest state for miles traveled per driver. GAO estimates that freight trucking costs that were not passed on to consumers were at least 6 times greater than rail costs and at least 9 times greater than waterways costs per million ton miles of freight transport. The insurance is optional. Maintenance and repair costs rise: Find someone to help you manage them Research Institute's An Analysis of the Operational Costs of Trucking: 2017 cost per mile to operate a truck. According to the article: “The downside to driving a truck isn’t the pay — entry level salaries of nearly $40,000 are common. Team up with a driving partner – up to $85,000 per year each; Team drivers are able to rack up more miles while hauling premium freight, leading to the highest earning potential in the company. Moving an entire house could cost anywhere from $150,000 to $200,000, averaging $12 to $16 per sq foot. While the average marginal cost per mile in 2016 was $1. Thank you for subscribing to receive email updates from UPS. The average car costs $1,400 to maintain for the first 25,000 miles, and the costs increase from there. Production Costs. The national average van rate last month was $2. Directions ; Road Name Road Number Next Road Name Next Road Number Dist Time. 75 per mile, and you are loaded on a trip only half of the time, then you divide by two, not multiply by two. Demand for fuel is falling and costs per trip are de - clining. Estimated miles per gallon for each U-Haul truck rental. Kelley Blue Book's 2019 5-Year Cost to Own Awards. Costs of Heavy Vehicle Use in Canada. Bulk commodities are well below that average, at about 2 cents per ton-mile, and high-value, high-service intermodal freight well above that average, at about 5 cents per ton-mile (or even more in some cases). 25 per mile *45= $146. According to a recent news report, enrollment is up for truck driving schools and they claim that a new, entry level truck driver can make $40,000 in their first year. That equates to a per mile cost just over 15 cents a mile. Offering the broadest portfolio in the industry. A car’s maintenance costs may top out, or it could be that drivers scrap their cars once maintenance costs trump the car’s value. If a driver travels from Minneapolis to Dayton (roughly 700 miles) and is away from home for the night, then the driver would be paid a per diem of $75. The figures the RHA estimates for running a 44-tonne artic are: gross mileage of 71,500 miles per year, or 1,375 miles per week. moving truck rental is designed to meet the needs of a one to two bedroom apartment or studio home. The average rate per ton-mile (one ton of freight moved one mile) is just above 3 cents at the present time on U. In 2017, the average marginal cost was 1. In 2017, DOT held five events with a total of 1,742 participants. [8] Buses: At average passenger loads, buses achieve 3262 BTU per passenger-mile, or 38. Subtract the cost per mile to determine the profit margin on each tractor trailer per mile. Most drivers complete between 2,000 and 3,000 miles per week. Budget’s 12 ft. How much does the trucking industry pay to operate on our roads? Estimates of 21. 4 per cent from the previous year to a record-low 2. Haulage rates table and pricing guide for UK & Europe 2017. Disclaimer: The Your Driving Costs study employs a proprietary AAA methodology to analyze the costs of owning and operating a new vehicle in the United States, using data from a variety of sources, including Vincentric LLC. Traffic is moving at a steady pace, you’re listening to your favorite trucking podcast and basking in the warm sunlight that’s hitting your windshield. 38 per mile, but the costs that make up this figure are varied. Use the form below to start your search or check out our state and metro averages pages. Our engineers work to bring you the most fuel-efficient, reliable semi trucks for sale. I went around 1675 miles total. The key here is to take it easy both up and down the hills. This amounts to $650 to $750 per week in starting pay!. MakeCents 34,460 views. At current $2. The figures the RHA estimates for running a 44-tonne artic are: gross mileage of 71,500 miles per year, or 1,375 miles per week. Freight rates are simply the price at which a certain cargo is delivered from one point to another. Revenue ton miles are used to determine the total amount of freight that is shipped by a transportation company. Above that number, diesel usually makes financial sense. Download and Print rates Then place a copy in your glove box. Paying drivers accounts for easily the biggest chunk of standing costs for operators. 5 cents/mile – 9. Finding actual pay per mile and average miles a week for a solo has been difficult. Fuel costs averaged $2. when I was driving a log truck a few years back, the truck got paid 13 cents per ton per mile wit a 40 mile min. Cowboys are 100 times worse! Good luck getting anyone to talk to you, but if you have loads that pay round trip rate, somewhere over $4 a mile put them on livestock loads. Used Chevrolet Colorado for Sale on carmax. 57 or just about anything in between. You can plug in your own numbers. What is true is that large trucks are involved in fewer accidents than other types of vehicles per 100 million miles driven, but these accidents have a higher rate of fatalities. 20 per mile, while in year 10 it was $0. Cost Per Ton Mile for Four Shipping Modes The graph below was created using Google's chart tools. Being paid this way shows the true yearly amount that a truck driver makes. 14 cents per mile driven in service of charitable organizations (currently fixed by Congress) Self-Employed or People Who Use Their Car for Business For the self-employed individual or for employees who use their own vehicles for business-required travel, the IRS mileage reimbursement rate guides tax deductions for the use of a car or truck. Graph 5: Compensation per mile, 2015-2017 As the freight rates continued to rise through the mid and latter portions of 2017, so too did the professional outlook of the overall freight market. So total average cost per mile with fuel and the car itself was $0. The biggest immediate cost-advantage comes from savings in energy costs: Fully loaded, the Tesla Semi consumes less than two kilowatt-hours of energy per mile and is capable of 500 miles of range. For example, to determine the energy cost per mile of an electric vehicle, select the location on. I purchased a used 2008 F-350 DRW 6. I have a by pass oil filter yet I still change my oil every 20,000 miles or so. Nikola's Complete Leasing Program simplifies and lowers the total cost of ownership for fleet and truck owners. Back then I was paying about. For example, each horse may cost $2 each per mile. Marginal public infrastructure costs were significant only for. I want to focus on four areas of the cost of entry. 65 an hour, according to ATRI. An average 21. 51 per mile. Schneider is the premier provider of truckload, intermodal and logistics services. The city of Urbana, OH, charges $650. Revenue Per Freight Ton-Mile, All Railroads for United States Cents, Annual, Not Seasonally Adjusted 1882 to 1911 (2012-08-16) Cents, Annual, Not Seasonally Adjusted 1888 to 1935 (2012-08-16). Businesses More companies are pointing to rising freight costs as a drag on earnings and growth, as trucking companies raise rates at a historic pace and. 92 per year. One of the most important contributing factors to the success of an owner operator business is knowing the trucking cost per mile. So figure out your per mile to run cost. AAA has published 'Your Driving Costs' since 1950. have not ran any vans under my own number in 1 1/2 years but I will say I had some cv freight that paid an avg of 1. You can learn more on how to do that by reading our article, "How to Calculate Cost per Mile for Your Trucking Company. Being paid this way shows the true yearly amount that a truck driver makes. Hunt is a Fortune 500 Transportation Company dedicated to helping our customers move freight efficiently. There are more than 200,000 female “long-haul” truckers in the United States. If you expense it, then include it in your cost per mile — it's probably close to a dime a mile if you choose to eat in restaurants, maybe half that if you live out of a cooler. 90 per mile. The vertical bar graph shows the costs per ton mile for shipping freight on four transportation modes - truck, rail, air, and water. We used revised costs as noted in the fixed and variable cost pages for fuel / cash transaction fees, road and fuel taxes, servicing costs, licensing costs and collision / physical damage insurance. Team up with a driving partner – up to $85,000 per year each; Team drivers are able to rack up more miles while hauling premium freight, leading to the highest earning potential in the company. The three most common per mile pay rates are: Practical Mileage: This is calculated using the most efficient distance between the origin and the destination. You can use a load board like DAT TruckersEdge to find small-truck loads. The average driver makes 30. GAO estimates that freight trucking costs that were not passed on to consumers were at least 6 times greater than rail costs and at least 9 times greater than waterways costs per million ton miles of freight transport. Knowing your trucking company's cost per mile benefits you in many ways. Mileage Reimbursement - The True Cost Of Running A Car by Ouail El Gharniti · February 17, 2016 If you are driving for business, you are probably aware that the IRS mileage reimbursement rate for 2016 is 54 cents per mile. View detailed ownership costs for the Used 2017 Ford F-350 Super Duty on Edmunds. The rate per mile stays the same regardless if it is 300 miles or 3000 miles. The flatbed number was second only to the $2. 2008 Average operating costs According to (ATRI) American Transportation Research Institute the average cost per mile was $1. - Extreme temperatures (hot or cold) can cost up to 1. These rules limit the. Table ES 1. 49 per mile, and lowest in the Northeast, with an average of $1. Depreciation can be figured by multiplying the average cost of depreciation, 27 cents per 1 mile (5 cents per 1. The spot rate for vans rose 6. 20 per gallon I believe. A report by the. Detailed records of all repairs and maintenance must be kept and allocated to a particular cost centre (vehicle). Use the form below to start your search or check out our state and metro averages pages. It will take work, however that work will mean the difference of you being in the red or the black. Our cost calculations this year are based on an average bulk price per litre of 27p, compared with 29p twelve months ago. Totaling a truck can cost upward of $45,000, so you'll have to consider investing in insurance! Most of the rental truck companies offer some sort of logical option. de Tlalpan 5005A. Maintenance and repair costs rise: Find someone to help you manage them Research Institute's An Analysis of the Operational Costs of Trucking: 2017 cost per mile to operate a truck. To determine the typical tow truck owner salary, it can help to look at the national average for tow truck drivers. In other words CSX trains, on average, can move a ton of freight nearly 500 miles on a gallon of fuel, based on our 2015 revenue ton miles and 2015 fuel use. The movement of one ton of freight a distance of one mile. , Canada, or Mexico. Hot shot rates typically include fuel costs, so you'll need to have a good idea of what your costs per mile are, that way you know how much you'll need to charge to make a profit. Many different factors can determine how much it costs to move, so continue reading to learn more. At a delay cost of $26. Haulage rates table and pricing guide for UK & Europe 2017. Reefer freight rates are averaging $2. 34¢ per mile or $1. Marginal public infrastructure costs were significant only for. That means that at $0. According to the article: “The downside to driving a truck isn’t the pay — entry level salaries of nearly $40,000 are common. In model year 2017, the average estimated real-world CO 2 emission rate for all new vehicles fell by 3 grams per mile (g/mi) to 357 g/mi, the lowest level ever measured. Cost per Bushel or per Mile. Site Home | Log In | Log In. The cost of renting this size truck for a one-way move from Miami to New York City in August 2017 would cost around $760, according to a recent quote. 0%, while local trucking businesses reported revenues of $14. Logistics Statistic | This Statistic depicts the average total marginal costs per mile for freight trucking in the United Sates between 2008 and 2017. 5ton and a mass of 4. 12 per mile, a three cent decrease from the September average. You can use a simple form or a computer program to calculate your cost per mile. November 17, 2017 10:06 AM ET. Find out which model-year vehicles were recognized as Cost to Own champions for best car brand, best luxury car brand, and which 2019 new cars. GA, Saia LTL Freight operates 168 terminals across 43 states. The portion of the business standard mileage rate that is treated as depreciation will be 25 cents per mile for 2017, one cent higher than for 2016. 34¢ per mile or $1. Personally I think oil change intervals are a personal preference. 00 a gallon you get 6 mpg it's costing you. It costs about $180,000 per year to run a commercial truck. 95, plus mileage. The $53,000 starting price certainly contributes to its high insurance cost but so does its luxury filled interior. Nationwide, tow truck drivers make $13. 7bn by 2040. property damage per million vehicle miles traveled, has declined over time. For business use of a car, van, pickup truck, or panel truck, the rate for 2018 will be 54. Many times, used car prices are affected by the mileage and potential mileage deduction found on the vehicle. 30 and more that paid an avg over $2. Let uShip help you find the perfect cattle transport provider for your needs. 3% compared to April and 63% year-over-year, reported DAT Solutions, which operates the industry's largest on-demand exchange for spot truckload freight. 38 for every mile. MPG average in my 2500 6. Truckloadrate. This study takes the vehicle’s sticker price, adjusts. 70 cents a mile. 2 l/100 km) in the European Union and was even higher in Japan, according to data as of 2008. At the end of the year lease, she will owe mileage overages of 36,000 miles multiplied by anywhere from 25 to 60 cents per mile. This price includes the base rate of the truck, also known as the hook-up fee. Miles per cubic yard can give a company an idea of how well its operation is able to acquire jobs close to the production facility. S Air Carrier Traffic Statistics through July 2019. Leased Owner Operators – Most O/O’s under a lease agreement just need Bobtail, Non Trucking Liability and Physical Damage. Several factors were identified as having the potential to change costs over time. This graph shows the operating cost (all parts and labor) net of fuel per mile for 4×2 and 4×4 ½ ton pickups by age. What does a Class 8 truck really cost? Jason Cannon Per truck. Note that a light-duty truck, despite its significantly higher miles per gallon than a Class 8 truck, achieves much lower freight efficiency because of its limited cargo capacity relative to the Class 8 truck. You're probably paying their standard hook up fee (to cover the cost of just getting to you and then getting home from your drop-off location, which is likely a lot more than 16 miles) + their minimum mileage fee. Founded in 1964, Love’s has more than 480 locations in 41 states. The business mileage rate decreased half a cent per mile and the medical and moving expense rates each dropped 2 cents per mile from 2016. Then, we calculate how to turn the operating expenses, both fixed and variable costs, into a useful figure: the owner operator's expenses/mile: how much it costs to run the truck per mile. T he owner operator truck cost per mile calculator will then render the rate per mile a load should pay in order to cover the Owner Operator's overall cost of operations. Click here to view all the Freightliner Cascadias currently participating in our fuel tracking program. compared with $1. The Cost-Per-Mile Calculation plays an important role in the success of your trucking operation, because it will tell you the operating expenses of your truck per mile driven. Three Factors that Affect Heavy Haul Rates Per Mile. Using ATRI averages for yearly miles and trucking costs per mile, your fleet will drive a total of 1,138,710 fleet miles at a fully burdened cost of $1,924,420. - Running mountains versus the flats can cost up to 1. An Analysis of the Operational Costs of Trucking: 2017 Update The American Transportation Research Institute has released a report that provides marginal cost data on motor carrier operations. In 2017, the average marginal cost was 1. net provides MPG (miles per gallon) ratings, electric vehicle driving range, and expected fuel cost information for 1984 - 2020 vehicles sold in the US. A typical Penske Truck Lease customer will save three or four percent on fuel economy. The first is the daily base price of the truck, which can vary from $19. Starting Pay $. The cost of living on the road (meals, showers, motels, etc. 4 billion is produced annually and paid by the trucking industry. The chart above depicts national average line haul rates. The spot truckload freight market’s relatively strong finish in August continued into September as rates moved higher last week; van load-to-truck ratios remained strong nationally over the. The biggest immediate cost-advantage comes from savings in energy costs: Fully loaded, the Tesla Semi consumes less than two kilowatt-hours of energy per mile and is capable of 500 miles of range. America’s freight rail industry is one of the most and cost-effective efficient transportation networks in the world. Using 4000 lbs of freight equals one passenger, this equals 656 BTU per passenger-mile, or 190. There is a direct correlation between the size of a truck — the weight specifically — and the diesel truck’s miles per gallon (MPG. 9 pence per mile is £5,557. It costs about $180,000 per year to run a commercial truck. Payment for a. Download the RCO guide Cascadia ® Evolution. There is a direct correlation between the size of a truck — the weight specifically — and the diesel truck’s miles per gallon (MPG. Many provide you with more than one possibility, too, and it's usually one insurance that provides the bare minimum and another that allows you to go all in. I just use the by pass oil filter for better filtration. The Cost-Per-Mile Calculation plays an important role in the success of your trucking operation, because it will tell you the operating expenses of your truck per mile driven. At current $2. Even with the low cost of tuition at Truck Driver Institute, there are still several options available for covering your truck driving school cost. Moving an entire house could cost anywhere from $150,000 to $200,000, averaging $12 to $16 per sq foot. The insurance is optional. BIMCO: Tanker Freight Rates Continue Dropping zoom Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end, according to international shipping association BIMCO. Any appeals shall be in accordance with 44 CFR § 206. The longer-term contract rates that big suppliers negotiate with major carriers usually follow the. ) can be drawn from personal income, or you can make it a business expense. Disclaimer: The Your Driving Costs study employs a proprietary AAA methodology to analyze the costs of owning and operating a new vehicle in the United States, using data from a variety of sources, including Vincentric LLC. An Analysis of the Operational Costs of Trucking: 6 2018 Update. 80 per mile in June from May. The best indicator of distribution cost is the US Freight Rate Index, CPM (freight cost per mile) graph below. Built Ford Tough. between infrastructure costs and truck user taxes and fees is im­ portant in identifying !he system co ts that are upported by truck operators and the act uni costs incurred by the sy rem. Haulage rates table and pricing guide for UK & Europe 2017. The truck-driver shortage is boosting drivers' salaries, but salaries are still as much as 50% lower than they were in the 1970s. Here's Why. This report, which includes the most recent 2016 cost data, may assist the trucking industry with gathering operational cost data. 73 per mile; Truckload – $1. A flat rate per mile for all commercial trucks and a weight-based variable rate are options. My actual running costs are probably around. Department of Transportation. 49 per mile, and lowest in the Northeast, with an average of $1. $25,180 / 20,000 = $1. ($40000/4years)/25000. The portion of the business standard mileage rate that is treated as depreciation will be 25 cents per mile for 2017, one cent higher than for 2016. Truck and driver. In the example it was assumed that the truck was driven 8,000 miles per year, so the average total cost per mile would be: Remember, for hauling one load the round-trip miles should be used to calculate the total cost of the trip. Frankly, it sounds too good to be true: the claim is that it will go 500 miles on a charge, hit 60 miles per hour three times faster than a regular truck when fully loaded, power up a 5 percent. When looking at the expected cost of operation of $1. The factors involved in the process of calculating freight cost include: 1. You can use a simple form or a computer program to calculate your cost per mile. A reported increase in such payments in 2016 brought the current average to 25. February 14, 2017 The Internal Revenue Service (IRS) has decreased the mileage reimbursement rate by $0. Subtracting cost per mile from revenue per mile will determine the net profit (or loss) of every mile your trucks drive. In 2013, the average monthly miles measurement for intermediate cars was 2,158 miles; in 2014, it dropped 8. If you drove all 52 weeks in a year at those rates, you would earn between $29,120 and $62,400. Founded in 1964, Love’s has more than 480 locations in 41 states. Use the form below to start your search or check out our state and metro averages pages. 57 million per mile. 50 to upwards of $4. 54 per mile in 2016 to $1. Maximum of $91. Our guide shows you how. The truck will use 123 gallons of diesel for the 680-mile trip, and $3 is the cost per gallon of diesel (123 x 3 = 369).