As a delivery business, it's crucial to know what your costs per mile are. Here's some guidance and a free Excel spreadsheet to help you manage your costs.
Average wage cost per mile of freight trucking drivers in the U.S. Average costs per hour of driver benefits Full truckload (FTL) carriers Annual number of loads hauled by J.B. Hunt's truck segment Annual revenue from J.B. Hunt's intermodal segment Number of trucks in Schneider ...
You don’t have to go all the way to a trade show to see the latest trends in fleet technology; see why trucking fleets around the world trust Fleetio to perform a trucking cost analysis and improve their maintenance processes. The proof is in the pros See why thousands of fleets are...
as well as in on-board sensors and monitoring systems that track tire inflation pressure and temperature along with vehicle performance (alignment, brake temperatures, etc.) In addition, stand-alone tire monitoring systems are available that can help reduce tire cost per mile. ...
GDP PPP per capita is around 20% higher in Germany, but a much bigger difference is there for nominal GDP. For example, Italy builds urban rail for lower cost than Germany, and a similar advantage could exist in other aspects of construction like housing. Also, Italy has less heating ...
Surveyed carriers reported increasing their detention fees by a median of just 3% over the past five years (2018 to 2023). This rate of increase is well below that of inflation and of the hourly cost of trucking during the same period, which rose by 21.4%. Driver Detention Contributes to ...
Different cost factors have a significant role in the overall profitability of running one or more trucks. This includes auto insurance, fuel expenses, driver wages, truck maintenance, and legal permits. The more trips a truck takes, the more money it makes. This helps mitigate the cost factors...
Company drivers are getting paid up to $.80 cents per mile. On the average company drivers earn between $80,000 and $120,000/year; and they’re one of the highest-paid trucking professionals! Owner-operators earn a very reasonable 80% of total revenue, also one of the highest-paid in...
The process of ordering and seating a truck takes close to a year. That truck can haul roughly seven 500-mile loads per week, or 360 loads per year. This only occurs if shipping patterns are consistent and drivers are readily available, and neither are true. So it isn’t a pure questio...
Gain insights into average company rates per mile, current spending, profitability, and more with real-time data. Improve operational efficiency Rate Matrix & Quoting Utilize a shipment auto-rating for accurate rate calculations and a streamlined quoting mechanism for efficient negotiations. ...