Rate per mile questions

Discussion in 'Expediter and Hot Shot Trucking Forum' started by AndrewW, Jun 11, 2020.

  1. AndrewW

    AndrewW Bobtail Member

    18
    1
    May 8, 2020
    0
    To get an approximate number of rate per mile for operating costs, how many cents per mile do you calculate for fuel and maintenance (tires, fluid changes, etc..) for a Ram 3500 and 40ft flatbed?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. 24kHotshot

    24kHotshot Medium Load Member

    436
    329
    Feb 19, 2019
    New York
    0
    It differs between trucks and owners of said trucks.
    Do you plan to buy top brand tires or used tires? Synthetic or reg oil? Oil changed every 5/10/15 thousand miles? OEM or aftermarket filters?
    Do you run 26k or over?

    17" tires are regularly done after 40k miles. Cost of tires/40k= your tire per mile costs.
    Cost of filters and oil/ mileage intervals = your oil change cost per mile.
    Ect....

    Figure out your costs and then you can calculate your per mile cost.
     
    Coffey Thanks this.
  4. AndrewW

    AndrewW Bobtail Member

    18
    1
    May 8, 2020
    0
    Gotcha. Thanks for the info. I imagine it would be more cost effective to run new tires and best quality fluids to prevent problems that put you off the road. No road-no money.

    How many miles would you say you average each year?

    I appreciate your time.
    Andrew
     
  5. 24kHotshot

    24kHotshot Medium Load Member

    436
    329
    Feb 19, 2019
    New York
    0
    I have been running less than a year. On average a hotshot should hit at least 100k miles a year. 10k +/- miles a month.
     
  6. rccarlson22

    rccarlson22 Light Load Member

    158
    167
    Aug 27, 2019
    0
    Everything 24k said is correct. I gotta disagree on the mileage per year. That is more dependent on how much overhead you have. More overhead=gotta run more miles to cover it. Minimize your expenses and you can run less and be home more while paying yourself the same salary. That’s the logic I follow and I love staying home for 2 weeks at a time and not worrying about bills
     
    midcon, Lite bug and 24kHotshot Thank this.
  7. 24kHotshot

    24kHotshot Medium Load Member

    436
    329
    Feb 19, 2019
    New York
    0
    I agree with you. some run 60k a year and some clock 120k a year depending on what their goals and needs are. So 100k average is pretty much what the hotshotters I know run per year.
    So far I'm 10.5 months in business and at 65k miles on the odo.
     
    Coffey, rccarlson22 and Lite bug Thank this.
  8. Lite bug

    Lite bug Heavy Load Member

    918
    776
    May 3, 2014
    Columbus Ohio
    0
    Both you guys have a good handle on the rate per mile question. I wish I had a the same view when I was starting out. I was listening to the wrong people. I remember telling my wife I don’t see how you make any money doing this. And I was running all over the country.
     
    rccarlson22 Thanks this.
  9. rccarlson22

    rccarlson22 Light Load Member

    158
    167
    Aug 27, 2019
    0

    You’re right, the average hot shot is a knucklehead though lol
     
  10. rccarlson22

    rccarlson22 Light Load Member

    158
    167
    Aug 27, 2019
    0

    I listened to you and you’re advice is doing me very well. Thank you for being there
     
    Coffey, Lite bug and 24kHotshot Thank this.
  11. baerpath

    baerpath Bobtail Member

    22
    30
    Nov 2, 2019
    0
    Dang I must be a part timer lol Average 44,000 miles a yr and home every night
     
    Coffey, Lite bug and rccarlson22 Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted