dump truck operating cost calculator
Start at the 1st 15 miles up to 500 miles. Similar to the equations above, divide the total payroll for the month by the number of miles your trucks drove for the same time period.$5,000 (payroll costs per month) / 10,000 (miles driven for the month) = $.50 (per mile)To calculate your total cost per mile, simply add your fixed, variable, and payroll costs for the month. Whats your truck cost … Although mere pennies per mile, an average tire can cost over $250 and annual tire expenses can exceed $4,000 ($0.03 per mile), enough to purchase 16 new tires annually, but still not enough to replace every tire of an 18-wheeler.Permits, Licenses, and Tolls – Required permits and licenses for the industry and equipment, as well as continuous travel on toll roads, are cause for this expense $3,600 annually ($0.02 per mile)Coffee – Truck stops sell more coffee than convenience stores.
A commercial truck can easily consume more than $70,000 of diesel fuel per year. !You should use anyone who fits into your business plan that is the easiest for you to manage. All owner operators should know how to determine your trucking cost per mile. Please enlighten us! Whats your truck cost per mile? $1.38 The average per mile operating cost for the trucking industry $180,000 The average total yearly cost of operating a commercial truck The largest operating expense is diesel fuel. For example, our small fleet is based in upstate NY. (And for gods sake use a broker that does not get paid on commission)Thanks for the feedback! Unlike fixed costs, variable costs can vary from month to month, depending on your workload.Tally your variable costs for the month, and divide those expenses by the number of miles your trucks drove for the same time period.$3,000 (variable costs for the month) / 10,000 (miles driven for the month) = $.30 (per mile)Don’t forget about your largest expense for the month: employee payroll. An owner operator must know what it costs to run their business.
Again, this is a cost analysis, so your profit margin must be added to this figure for your business to be viable. $100,000/4800 = $20.00 /hr. cost of truck / total hours expected use if your truck cost $100,000.00 and you ran it for 20 hours per week for 5 years it would be around 200,000miles or 4800 hours @ 40 mph. A commercial truck can easily consume more than $70,000 of diesel fuel per year.Tires – Retreading is less expensive than new tires and is a large portion of this cost. New models, on the other hand, often times sell at over $100,000-150,000. Find complete infomation in this guide to Prime Trucking School and working at Prime Trucking Company.We review popular CB radios for truckers. Owning a dump truck company can be challenging.Choosing a Tire Pressure Monitoring System for your Dump Truck As of 2018 there are 27,562 dump truck companies in the United States that employ close to 100,000 people. Below is a graph showing the cost of diesel fuel in the U.S. for 2019 through early 2020 according to the U.S. Energy Information Administration. There will be geographical and economical factors that may affect the totals for your business, but this at least will you a benchmark figures to work with. Bureau of Labor Statistics. (Hooper & Murray, 2017) This data shows the total cost to operate one truck per hour equals $63.66. The operating costs can be high and fluctuate with the price of fuel. In other words, when your truck moves, these costs increase. Sometimes that can cost more than 10% so be careful who you get into business with LOL!lol who need a logic, math and $?
Freight Metrics Truck / Tractor Trailer Operating Cost Calculator helps you work out your operating costs and freight price including daily rate, cost per km and cost per tonne.
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