Have you ever wonder how a particular trucking company can operate for a particular price? How are they making a profit at hauling all those loads?
Well, believe it or not, many trucking companies part of the U.S. trucking industry nowadays are calculating their revenue and profit per mile.
Since they have started incorporating this method many trucking company owners have stated that now they know the real price and profit for which they are running for. Also, they are well aware at what price they cannot run their trucks- when they are not going to make a profit.
Actually, incorporating and running a trucking company is not an easy process to take. Trucking company owners who have decided to run a trucking company without being aware of the real situation in their company, that is to say without knowing their real costs are in fact leading their trucking company with their eyes closed.
If a trucking company owner does not know the cost of each mile that his trucks are driving then he won’t be in the situation to decide the best per mile rate to charge their shippers.
