morning. I'm doing some settlement snooping but I'm unsure of my equations and now I've come up with a good question . Check this. What answers can I get by knowing these factors.
1. I drove 1761 miles
2. My fuel was $469.90
3. My gross was $1866.44
I specifically want to know my dollar per mile. I get a lil tripped up on the gas pedal part. T.I.V.
Math problem
Discussion in 'Ask An Owner Operator' started by J.S., Apr 21, 2016.
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You earnt $1.059875 per Mile..& your fuel cost you $0.266837 per Mile.rabbiporkchop Thanks this. -
This thread is why we can't have nice things.
whoopNride, lester, Hammer166 and 7 others Thank this. -
$1 a mile on 3 day load, you must be an Euro Immigrant from Chicago in flip flops. Oh wait...you got a long nose truck and you are from Texas. Must be Mexican then (sarcasm)
Last edited: Apr 21, 2016
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Take a look at the Lets Truck Website. It's about $25 a month and will give you every thing you need to break down the numbers. Including tax,P&L and business reports. It also has fuel software that can track your fuel costs and mpg for free.
alien4fish Thanks this. -
$.79 per mile after fuel....$.50 to the driver, leaves you with $.29 left over. Hope all your other costs are very low
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You are losing your ###. Do not take cheap freight!
whoopNride and rabbiporkchop Thank this. -
Ouch, try not to make that a regular occurrence or it will become much more than just a math problem.
whoopNride, Big_D409, CJndaTruck and 1 other person Thank this. -
Total rate divided by miles equals rate per mile. Next you need to figure out what your break even point per mile is. If it costs you $1.59 a mile to operate, then it stands to reason running for $1.059 is dying a fast death.
double yellow Thanks this. -
So you drive for free? I have a 1760 mile run (Phoenix to Chattanooga) that weight is under 10k. I'll give you $2k to move. Interested?
spyder7723 Thanks this.
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. I get a lil tripped up on the gas pedal part. T.I.V.