Trucking companies that are calculating the company’s operating expenses per mile on a regular basis are the ones that have the information that they need in order to increase their profitability.
In either case, a trucking company is as well able to calculate an annual average cost per mile by adding the per mile cost for each of the 12 months together- then by dividing it by 12.
| Annual Summary | |
| Total Miles Run | 120.000 |
| Total Annual Income | $200.000 |
| Total Fixed Costs | $35.500 |
| Total Variable Costs | $68.250 |
| Total profit/loss | $96.250 |
| Gross Income Per Mile | $1.67 |
| Fixed Costs Per Mile | $0.30 |
| Variable Costs Per Mile | $0.57 |
| Total Costs Per Mile | $0.86 |
In Addition You Can See Few Facts about the Real Cost Of Trucking
- $1.38 Is the average per mile operating cost for the trucking industry;
- $180.000 Is the average total yearly cost of operating a commercial truck;
- A commercial truck can easily consume more than $70.000 of diesel fuel per year;
- Fuel is the largest operating expense in the trucking industry;
- The standard commercial truck driver salaries are based on the distance driven per mile;
- Multiple insurance policies can cause coverage to cost over $6500 per year;
- Issues with air-line hoses, alternators, wiring and brakes are common in the trucking industry and can cost $15000 annually;
- 2% of the overall expenses of a trucking company go for required permits and licenses;
- Federal diesel fuel taxes equal to $0.04 per mile;
- State diesel fuel taxes equal to $0.03 per mile;
It’s no secret that the trucking industry in the USA is moving more than 66% of all goods.
