In addition to this, there is the cost of the health insurance as well. For example, a health insurance for a truck driver on a monthly basis will cost you for about $420.
In particular, the insurance trucking expenses are categorized in the fixed costs. To put it in a different way, these are the costs that you will have on a monthly basis.
Therefore, in order to avoid the insurance expenses make sure you keep detailed calculations and records in order to stay compliant.
6. Fuel Trucking Expenses
To continue with, one of the largest cost in trucking companies is the diesel fuel trucking expenses. Due to the trucking in the industry, the company owners face immense sum of money in order to cover all the fuel costs in their trucking company.
As an illustration, there are 20,500 gallons of fuel in a year for a commercial truck. In addition to this, there are trucking companies which are involved in OTR (over the road) truck driving.