{"id":3270,"date":"2011-09-22T04:59:38","date_gmt":"2011-09-22T04:59:38","guid":{"rendered":"http:\/\/findfreightloads.com\/blog\/?p=3270"},"modified":"2011-09-22T04:59:38","modified_gmt":"2011-09-22T04:59:38","slug":"how-to-calculate-trucking-rates","status":"publish","type":"post","link":"https:\/\/findfreightloads.com\/blog\/how-to-calculate-trucking-rates\/","title":{"rendered":"How to Calculate Trucking Rates?"},"content":{"rendered":"<p><a href=\"http:\/\/www.findfreightloads.com\/\">Over-the-road trucks<\/a> transport everything from food to electronics to construction equipment. Truckers get their loads from companies and <a href=\"http:\/\/freightbrokerscourse.com\/products\/freight-broker-training\/\">brokers<\/a>, even other truck companies. Regardless of where the load comes from, the company must set a reasonable rate for the load. When trucking companies are asked to transport a load, they often quote a per-mile rate. For example, if a broker states that she has a load from Miami to Los Angeles, the trucking company will state that they need $2 per mile to run the load, while the shipper will quote an overall price for the load. Trucking rates are calculated on a per-mile basis.<\/p>\n<p>        Calculate the mileage between the starting and destination points. For this example, the trip begins in Atlanta and ends in Miami.<\/p>\n<p>        Divide the overall rate by the number of miles from the start to destination. The rate in this case is $3,100, and the mileage between Atlanta and Miami is 680 (3,100 \/ 680 = 4.56). The per-mile rate is $4.56.<\/p>\n<p>        Calculate the cost of transporting the load. On average, the truck gets 5.5 mpg. The truck will use 123 gallons of diesel for the 680-mile trip, and $3 is the cost per gallon of diesel (123 x 3 = 369). The transportation cost is $369.<\/p>\n<p>        Multiply the truck driver&#8217;s hourly rate by the length of time needed to complete the trip. The truck averages 60 mph. The 680-mile trip will take about 11 hours (680 \/ 60 = 11.33). If the driver pay rate is $12 per hour, the cost for the driver is $132 (11 x 12 = 132).<\/p>\n<p>        Add the gas cost and the truck driver pay ($369 + $132 = $501).<\/p>\n<p>        Divide the total cost of the trip by the number of miles in the trip (501 \/ 680 = 73.7). The cost of the trip is 74 cents per mile.<\/p>\n<p>        Subtract the per-mile cost of the trip from the per-mile rate to arrive at the per-mile profit of the trip ($4.56 &#8211; $0.74 = $3.82). The per-mile profit is $3.82.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over-the-road trucks transport everything from food to electronics to construction equipment. Truckers get their loads from companies and brokers, even [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3271,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4,3],"tags":[],"class_list":["post-3270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-loads","category-trucker-news"],"_links":{"self":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/3270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/comments?post=3270"}],"version-history":[{"count":4,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/3270\/revisions"}],"predecessor-version":[{"id":4388,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/3270\/revisions\/4388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media\/3271"}],"wp:attachment":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media?parent=3270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/categories?post=3270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/tags?post=3270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}