Freight Rate Calculator
Calculate per-mile rate from fuel, insurance, maintenance, and driver costs.
InputsLoading live data…
mi
$/gal
mpg
$
$
$
$
$
mph
%
Results
Rate per Mile
$2.08
Total Load Rate
$1,666.73
≈ 13 pairs of sneakers
Total Cost/Mile$1.81
Fuel Cost/Mile$0.67
Variable Cost/Mile$1.44
Fixed Cost/Mile$0.38
Total Trip Cost$1,449.33
Trip Profit$217.40
Estimated Trip Days2
How to Use This Calculator
- Enter the Trip Distance in miles and current Fuel Price ($/gal).
- Set Truck MPG (loaded), Insurance per Mile, Maintenance per Mile, and Tire Cost per Mile.
- Enter Driver Pay per Mile, Fixed Costs per Day, and Average Speed in mph.
- Set your target Profit Margin (%).
- Review the Rate per Mile needed to cover all costs and hit your margin, plus Total Load Revenue and Net Profit.
How the result changes with Truck MPG
| Truck MPG | Rate per Mile | Total Load Rate |
|---|---|---|
| 3.7 | $2.56 | $2,047.99 |
| 5.45 | $2.16 | $1,728.63 |
| 7.55 | $1.93 | $1,540.82 |
| 9.3 | $1.81 | $1,449.10 |
What each input means
- Trip Distance
- One-way load distance in miles.
- Fuel Price
- Current diesel price per gallon.
- Truck MPG
- Average fuel economy for your truck (loaded).
- Insurance per Mile
- Insurance cost prorated per mile.
- Maintenance per Mile
- Average maintenance and repair cost per mile.
- Tire Cost per Mile
- Tire replacement cost prorated per mile.
- Driver Pay per Mile
- Driver compensation per mile.
- Fixed Costs per Day
- Daily fixed costs: truck payment, permits, parking, etc.
- Average Speed
- Average effective speed including traffic and stops.
- Profit Margin
- Desired profit margin above total costs.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersTrip Distance = 800, Fuel Price = 4, Truck MPG = 6, Insurance per Mile = 0.06 = 10 input(s) provided
- Calculate Rate per MileRate per Mile2.083 = $2.083
- Calculate Total Load RateTotal Load Rate1666.73 = $1,666.73
- Calculate Total Cost/MileTotal Cost/Mile1.812 = $1.812
- Calculate Fuel Cost/MileFuel Cost/Mile0.667 = $0.667
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