As a carrier or owner-operator, rate negotiations can be frustrating. It takes valuable time and energy to come to an agreement that works for both you and the broker. But knowing how to negotiate freight rates or load rates is critical to a successful business. Good rates mean more money in your pocket and a
Tag: cost per mile
How to Calculate Cost per Mile
Understanding how much it costs to keep your truck operating is the single most important financial calculation you can do for your trucking business. But it’s something that a lot of drivers and owner-operators don’t keep track of. Don’t be one of them! Knowing your cost per mile reveals your spending patterns and areas where
6 Ways to Run a More Profitable Trucking Business
You might have decided on a trucking career because you like the idea of being your own boss. You can set your own hours and be independent out on the road instead of in an office. But is the trucking business profitable? On the surface, the statistics suggest not. And the National Association of Small
Practical Mileage Pay: What It Is and How to Calculate It
Truck driver pay is one of the biggest components of pricing a load, and it’s often largely based on miles. But miles can be calculated in several ways, including practical miles, actual miles, and shortest miles. You’ll get paid differently depending on which calculation brokers and shippers use, so you need to know the difference
Apps that Make Your Trucking Business More Efficient
Mobile apps can help you run your trucking business more efficiently so you have more time with family and more money in your pocket.
How to Calculate Cost Per Mile
Knowing how much it costs to keep your truck on the highway is the single most important calculation you can do for your trucking business.