In the profit and loss section, enter your average rate per mile. Our calculator will take care of the rest, showing both your annual and monthly cost per mile and what your profit or loss is. Now you can change any number you entered to find out what it would take to improve your...
The average miles per gallon (MPG) improved to 7.62 in 2022 and 7.77 in 2023, a year-over-year improvement of 4.2% and 2% respectively, according to the North American Council for Freight Efficiency’s (NACFE) Fleet Fuel Study. North American Council for Freight Efficiency (NACFE) December...
Similarly, trucking companies in the Midwest region (central location) may focus on long-haul and intermodal transport. Trucking companies in the Northeast region (which contains congested urban areas) specialize in last-mile delivery and navigating complex city logistics. Companies in the Southwest reg...
A large majority of surveyed carriers – 97% – offer detention pay to their drivers to address this fact, but driver detention pay often does not fully compensate drivers for the per-mile pay they could have otherwise received. Tracking and Charging for Detention Most carriers, ATRI found, do...
Increased profits: With a trucking app, all the trucks in your fleet will be loaded and there will be no downtime, allowing you to manage your assets wisely and increase the value of each mile; Improved customer experience: The trucking app generally improves the entire chain of interaction ...
What is your cost per mile? Your on-time delivery rate? And how do these compare to the industry average? Analyze existing records like fuel consumption logs, maintenance reports, driver logs, and delivery times to get a quantitative perspective. But be sure to do your qualitative due ...
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...
On a cost per revenue mile basis, average operating expense has reached $2.52 per revenue mile, reported Uber Freight. This is markedly higher than the average dry van spot rate of $2.28 per mile, and it also exceeds contract rates. ...
000 miles/year per truck. If Tesla charged $0.25/mile to lease the battery out, (a) the carrier can reduce its total fuel bill by 50% (fuel is 35% of total costs), and (b) TSLA could generate revenue of $25,000 per truck per year or ~$7.5 bn at a run-rate, once TSLA ...
“If the fertility rate drops to 1, in 29 years the population in our country will fall by half,” they said. According to the new census data, children make up about 17 per cent of the population, while the proportion of over-60s rose to over 18 per cent. The researchers said it ...