This live show is called “Cost Per Mile”. The key to a successful trucking business is the ability to compare trucking company expenses per mile against trucking company gross revenue per mile – in order to calculate and identify trucking business profit per mile. For car haulers, this means not booking cars that pay less per mile than the minimum trip break-even calculation. So…do you know your Cost Per Mile?
Use a Cost Per Mile Formula to create a Cost Per Mile Excel Spreadsheet
Have you ever wondered, “How Do I Calculate My Cost Per Mile?” The first step is to add up the owner operator expenses as line items of your trucking business. By doing so, you are creating your trucking cost per mile spreadsheet. Don’t forget to include big expenses like: Truck Payment, Trailer Payment, Insurance, Fuel, Maintenance, Tolls, Parking, Food, Tires, and even Office Expenses, Cell Phone, Hot Spot Internet and Software. Then, when you total up all the trucking numbers of your trucking business expenses, you can divide by the total number of miles driven to calculate your cost per mile. By comparing cost per mile to pay per mile, your trucking business revenue profit margin begins to appear.
Owner Operator Expenses – Trucking Cost Per Mile Spreadsheet – Owner Operator Pay Per Mile
✅ Yes, this is my Cost Per Mile YouTube video because I want all dispatchers to understand how much owner operator expenses must be understood and recognized in order to truly calculate an accurate cost per mile formula. In fact, to keep track of cost per mile trucking expenses, using a cost per mile app can make the process more efficient and easier to manage. To learn more about the cost per mile app called My Trucking Numbers, check out my recent video called “Safety Compliance & Best CSA Scores w Glostone + MyTruckingNumbers.com”: https://youtu.be/awYIOUpmn1s
Calculate Per Mile Costs for your Car Hauling Business or Trucking Business today
Since we book loads on load boards and focus on the cents per mile pay, don’t we have to respect when the company says that it won’t cover their cost per mile? And what about the “deadhead” miles versus loaded miles? That can be an important part of the overall cost per mile formula and cost per mile trucking equation. You know the owner operator is thinking about the cost of operating their trucking business, so it’s much better to get on board with thinking about owner operator costs and overall trucking expenses. Don’t ignore cost per mile! Don’t make that mistake! Next time, be sure to consider…”COST PER MILE”. #costpermile #truckingbusiness #makemoneytrucking
✅ FREE TRUCKING COMPANY CHECK: https://safer.fmcsa.dot.gov/
✅ READ my Auto Transport Business Startup blog: http://www.autotransportintel.com/car-hauling-dispatcher/how-to-start-new-auto-transport-business/ And hopefully the next time you ship a car you understand what you’re paying for and why. This is not pizza delivery. #ThisIsCarHauling
✅ Do yourself a favor and download the Improving Highway Safety PDF: https://www.fmcsa.dot.gov/sites/fmcsa.dot.gov/files/docs/ETA-Final-508c-s_508CLN.pdf
If by chance your company was mentioned in this live show and you don’t like it, leave a comment, and feel free to take it up with that person directly. This is an open forum and opinions are news. And maybe your opinion will be the next news topic.
Car Haulers stand up for other Car Haulers at: http://iata.biz/
And don’t forget to sign up at: http://autotransporteverything.com/
Owner-Operator and need someone on your side? https://www.ooida.com/
Intro Song Credits:
Dirt Road Traveler by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/…)
Thank you Serge The Car Hauler https://www.youtube.com/user/SergeTheCarHauler and Hotshot Dave https://www.youtube.com/channel/UC5oHqU0SzspesWcaGkZJgGw and CHYKKO D’Transporter https://www.youtube.com/channel/UCi5sS4ix_39XssbOw9SpvHg for allowing me to use parts of your video in my intro.
TO SUPPORT THIS CHANNEL, please do your Amazon shopping through my blog site: http://www.autotransportintel.com/car-hauling-dispatcher/how-to-start-new-auto-transport-business/ by clicking on any ad and then buy whatever it is you’re really looking for. Thanks!
Thank you to all my new Subscribers, Contacts and Contributors. I appreciate every Email, Comment, Like and Share. And thank you for making Auto Transport Intel an awesome new community!
– Jay, The Car Hauling Dispatcher
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