As an explanation, you need to do the following:
The mathematics is simple – determine the cost per mile and accordingly increase it and charge more.
In particular, your customers are based on this cost.
As a matter of fact, do you know the importance of determining this cost?
For one strong reason, you have more additional expenses like the above-mentioned maintenance costs, the IFTA, toll expenses, cargo securement, breakdowns etc.
Significantly, these are the expenses that should actually be put together with the cost per mile. To put it in a different way, you need higher cost per mile in order to cover these costs whether you will have them or not.
The trucking industry is unpredictable, there are the good, bad and ugly trucking sides of it and you never know what it will bring to your company or when.
