Variable costs are the money that your company spends for operating the trucks.
- Fuel
- Tires
- Repairs
- Truck Maintenance
3. Salary
Salary is the amount that you certainly need to calculate in your expenses.
With these statistics you can calculate your cost per mile. A key to make a good profit in the trucking business is to properly manage your company’s operating expenses on a per-mile basis.
You should calculate these costs monthly to get the most up-to-date information on how much your company is spending.
One additional advice from me :
Train your dispatchers to find better loads – finding a load with loadbord can be helpful, but not good for a growing relationship with the shipper because you are always working with new clients.
Train your dispatchers how to find good loads and how to develop a business bond with the shippers.
It is extremely important to educate and train your stuff because at the end of the day their negotiating skills can be very important for every trucking company and it can make the difference in some cases up to 20% in load price.
