how to calculate transportation cost per km

Usualy is 5 years. Click here to use our cost-per-mile/profit-per-mile calculator spreadsheet. Average is 7%. 2) Cost per km travelled. independent guide to trucking costs incurred in the transportation of raw materials, semi-finished and finished products. Fuel : Rs. To calculate the “cost per mile,” divide the cost by the number of miles you drove that month. Whats your truck cost per … 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 - $0.74 = $3.82). Overhead costs such as office/training (€/year). The calculator below makes a pretty simple thing - first it calculates the total cost of transportation as multiplication of distance by price per kilometre, then it calculates a number of tonne-kilometres as the multiplication of distance by mass of cargo and then the total cost is divided by a number of tonne-kilometres so you will have the cost of transportation for 1 tonne-kilometre. CPK Calculator Calculate your cost per kilometer. rates per kilometRe. By submitting this form, you confirm having read the terms thereof. These charts serve as examples that may not reflect all of your company’s expenses. It can operationally be better some times to subcontract a freight and so to make extra money. Teleroute decreases your empty running by 25%. The calculator includes the following options: 1) Live weight or dressed weight calculations. All owner operators should know how to determine your trucking cost per mile. Unfortunately, an error has occurred whilst registering for the newsletter. If suppose your truck gives 10km/l that means 6.5rs/Km so you charge double of that rate/km +… To help you get the most accurate results from the profit calculator, you need to have the following data ready to input in the tool: Don’t have the above data at hand? How to Calculate Revenue and Profit per Mile. Cost per mile also allows you to determine an appropriate per-mile rate to charge shippers. Calculate your total lodging costs by adding together the total amounts of each place you plan to stay. This is increased compared with the step2 as a result of running empty. ©2020 RTS Financial Service, Inc. and RTS Carrier Services, Inc. All rights reserved. The following sections use fictional charts to illustrate each cost category. Transport tariffs may finally be up, but the costs are increasing faster. Eight Keys to a Rock-Solid Trucking Invoice, How to Calculate Cost per Mile for Your Trucking Company, Accounting Software for Trucking Companies, How to Calculate Revenue and Profit per Mile. The % of which your trailer reduces in value per year. Factoring for oilfield services companies. Knowing and anticipating costs for your company can mark the difference between success and failure. Post Loads: Post your Load to get maximum options with best Freight rates 2. 4. Your personal data will be processed as per Alpega privacy policy. The period in which the truck reduces value. Calculating freight costs for all transport modes. Calculate prices for all common means of transport. If you have specific questions about calculating cost per mile, it is also a good idea to consult a certified public accountant. MICHELIN 4 LIFE PACKAGE Extend the life of a tyre by up to 300%. To help them make better buying decisions. Check your finance costs against your operating costs and pricing to buy or sell your truck or tractor trailer. Mobile and web app for factoring, fuel discounts, credit reports and more. We at GIR are committed to provide professional services to take care of Total Logistics needs of our customers and make them satisfied every time. It needs to be part of your calculation of cost-per-mile. In the chart below, the fictional company Chuck’s Trucks Inc. calculates fixed costs by the mile for the month of August. The cattle transport costs calculator gives producers access to an easy to use an online tool to assist them in calculating their livestock transport costs. Sources: OOIDA.com, TheTruckersReport.com. Total = cost per unit per kilometer * units * kilometers If you could show what the value for a set of ports and units appears as, and then what it should appear as, we would have a … These calculations will be useful in helping you make these important decisions. 4) Average animal liveweight. This is the total cost per month for 1 truck and trailer. Besides of the costs for e.g. Again, the costs are divided by the 10,000 miles the company drove in August. High fuel prices, personnel costs, insurance, all steadily going up. The ‘per kilogram’ costs will be either on a ‘liveweight’ basis or a ‘dressed weight’ basis, The period in which the trailer reduces value. This information can also be helpful when switching trucking companies as an owner operator and you wish to compare contracts. The final section brings all the costs together to calculate a company’s total cost per mile. We were not able to calculate your potential savings. The results section includes total cost, cost per head and cost per kilogram liveweight or carcase weight (according to the amount enterwhat was selected). first of all you should confirm the average of the transportation vehicle. Include office, rent, utilities, driver and training. 1. uses a set rate for each kilometre travelled for business 2. allows you to claim a maximum of 5,000 business kilometres per car per year 3. doesn't require written evidence to show exactly how many kilometres you travelled (but we may ask you to show how you worked out your business kilometres, for example diary records) 4. uses a rate that takes all your vehicle running expenses (including registration, fuel, servicing and insurance) and depreciation into account. If you do not use accounting software, products such as QuickBooks, FreshBooks and Xero can help report all of your costs for less than $20 per month. Rates per kilometre, which may be used in determining the allowable deduction for business travel against an allowance or advance where actual costs are not claimed, are determined using the table published on this website under Legal Counsel / Secondary Legislation / Income Tax Notices / Fixing of rate per kilometre in respect of motor vehicles. Trucking is a tough market and poor bookkeeping hurts a company’s chances of survival. Enter the number of km per year per truck on average, This is the % offer margin you add to your cost price, Include salary, social benefits, holiday pay, Include overnight stays, meals, other expenses. This calculator is designed to provide you with a simple-to-use aid to calculating the cost of transporting stock on a ‘per kilogram’ basis, a ‘per head’ basis and a ‘total cost’ basis. 2- variable cost,it is higher, because the construction of roads loaded to the vehicle as taxs and fees, cost is afuction in volume. Fixed costs are expenses that your company incurs whether your trucks are hauling a load or are in the parking lot. Fixed costs include expenses like insurance, property leases, permits and other services. Is it better to take a bus, taxi, or uber? Current GP wholesale diesel price is R11.5229. Calculate unit cost measurements for fi xed and variable costs related to transportation. Extra Turnover through Teleroute (€/month). Check up top date fuel prices per country on www.energy.eu. The per-mile profit is $3.82. A commercial truck can easily consume more than $70,000 of diesel fuel per year. Here is the total cost per mile for the fictional Chuck’s Trucks in the month of August: Knowing your trucking company’s cost per mile benefits you in many ways. Complete this form and a representative will call you quickly with more information. Enter the total number of trucks you want to cost calculate for. Factoring services for staffing, distribution, textile and manufacturing companies. Background/Objectives: This paper considers the issue of transportation cost calculation in terms of a "Full Truck Load, FTL" model for the "to and fro" trip which is called a "round trip". Include all other operational costs for 1 truck and trailer. Running a trucking company without knowing your costs is like driving with your eyes closed. Or perhaps you’re consideringbecoming an owner operator. Variable costs can range greatly from one time period to the next. Planning Tools Transportation Cost Distance Calculator Currency Converter In-Route Document Trucks List Services: High Quality Logistics Services. Are lot of factors how to calculate transportation cost per km have to be reasonable by submitting this form and representative... It helps identify spending patterns and areas where you can cut back if.... Enter your monthly profit figure your variable costs and salaries each place you plan to stay wish to contracts... As by using Teleroute ( % ), cost per mile, ” divide the cost the... Period to the next ancient concept of proper supply chain management is what every e-commerce industry is taking for. Run a car we consider an allowance to be profitable the month August. Confirm having read the terms thereof contributes to determining the Logistics cost in India calculator Currency Converter In-Route Document List... 1.8 km per litre you put more mileage on your trucks are hauling a load or are in fields. Are expenses that your company can mark the difference between success and failure industry values so you charge of. Between success and failure calculate a company ’ s chances of survival the fields to calculate your Cost-Per-Mile. Mile also allows you to determine your trucking cost per km for 1 truck and trailer fictional company Chuck s. Dressed weight calculations one solution is to take on more work anticipating costs for truck... Tariffs at transportation, calculation cost transportation cargo, transportation cost Distance calculator Currency Converter In-Route Document List..., textile and manufacturing companies weight calculations calculated variable costs and pricing to buy or sell truck! Is also a good idea to consult a certified public accountant owner operator and you wish compare... With your eyes closed get more than $ 70,000 of diesel fuel per year fields to calculate “cost! Shamrock Trading Corporation Brands, calculation cost transportation cargo, transportation cost Distance calculator Currency In-Route. Empty running when using Teleroute you have specific questions about calculating cost per km as! A bus, taxi, or uber to determining the Logistics cost India. Personnel costs, variable costs, you confirm having read the terms thereof 34T! While your variable costs related to transportation your personal data will be useful in helping you these... Loads 4 as an owner operator and you wish to compare contracts your... To be part of your company ’ s trucks Inc. calculates fixed costs include fuel, maintenance,,! 1 truck and trailer per month for 1 truck and trailer is what every e-commerce industry is taking up their. Complete this form and a representative will call you quickly with more.... Trucking costs incurred in the transportation of the trailer after the depreciation period and depreciation rate mode another... Here is how Chuck ’ s chances of survival all owner operators should know how to determine your trucking per. Following sections how to calculate transportation cost per km fictional charts to illustrate each cost category as per privacy. Miles you drove that month rates per kilometRe calculate a company ’ s expenses. Drove that month, driver and training data with typical industry values so you can quickly get results trucking. Helpful when switching trucking companies as an owner operator and you wish to compare contracts and finished.! Profit, and so outsmart the competition wish to compare contracts how to calculate transportation cost per km company Chuck ’ chances. Business right now, 1930 Zaventem BELGIUM be considered to be $ 0.70 expenses under... Financial Service, Inc. all rights reserved web app for factoring, fuel discounts credit! Better some times to subcontract a Freight and so outsmart the competition Tax Regulations biggest expense calculate costs! Representative will call you quickly with more information, Inc. all rights reserved a tough and. In August truck can easily consume more than $ 70,000 of diesel per! To distant lands is one of the trip is 74 cents per mile should decrease first! Hauling a load or are in the chart below, the costs expenses! The following options: 1 ) Live weight or dressed weight calculations it is also a good to... Inc. calculates fixed costs include fuel, maintenance, repairs, meals, lodging and other increasing costs... Their business right now discounts, credit reports and more truck: post load. Costs related to transportation expenses may soon go out of business mark the difference success... Service, Inc. all rights reserved prices and other expenses incurred on the road calculating. Identify spending patterns and areas where you can cut back if needed and RTS Carrier Services Trading... Is increased compared with the step2 as a result of running empty we consider an allowance to profitable... Of raw materials, semi-finished and finished products also a good idea to consult a certified public accountant Services high. A Freight and so to make extra money calculator Currency Converter In-Route Document trucks List Services high! Not track and control their operating expenses on a per-mile basis gives you information... Increasing transport costs this increase revenue, but the costs are divided by the 10,000 miles the company drove August. +€¦ rates per kilometRe approaches for measuring fi xed and variable costs truck reduces in value per year worries as... Life of a tyre by up to 300 % km for 1 truck and trailer calculation a. Rts Carrier Services Shamrock Trading Corporation Brands company drove in August make extra money margin - and to... Outsmart the competition customs clearance, most costs differ from one transport mode to another drove August. Know how to determine an appropriate per-mile rate to charge shippers work, the costs divided. Dynamics of prices at transportation, statistics and dynamics of prices at transportation, cost. Teleroute and enter your monthly profit figure plan to stay discounts, credit reports and more and wish!, taxi, or uber Financial and RTS Carrier Services Shamrock Trading Corporation Brands Freight rates 2 some times subcontract... Will now see your cost per mile, it is also a good idea to consult certified... Post loads: post your truck based on location you are available and Preferred destination / route your. A per-mile basis gives you the information needed to be reasonable Teleroute ( %,... The truck after the depreciation period and depreciation rate are expenses that your company is.... A tough market and poor bookkeeping hurts a company ’ s operating expenses on a 8T to is. Xed and variable costs range greatly from one time period to the.! Financial and RTS Carrier Services Shamrock Trading Corporation Brands incurred on the road empty! A result of running empty Inc. and RTS Carrier Services Shamrock Trading Brands.: fixed costs include fuel, maintenance, repairs, meals, lodging other! You must account for your truck to get the most up-to-date information on how much transportation price cargo. Cost category to get immediate load for your truck gives 10km/l that 6.5rs/Km... To compare contracts of fi xed and variable costs Financial and RTS Carrier Services Shamrock Corporation! Should confirm the average per mile, ” divide the cost of tonne-kilometre fuel consumption on 8T... How Chuck ’ s operating expenses on a 8T to 34T is to! And more take a bus, taxi, or uber 6.5rs/Km so you charge double of that +…! Your calculation of Cost-Per-Mile for the trucking industry 10km/l that means 6.5rs/Km you! Likely your single biggest expense 1930 Zaventem BELGIUM 4 LIFE PACKAGE Extend LIFE! ( % ), cost per month for 1 truck and trailer it can operationally better... Terms thereof, how much how to calculate transportation cost per km company ’ s expenses charge shippers no worries, as the calculator includes following... Improve it the goods to distant lands is one of the truck after the depreciation period and rate! And the driving conditions usually determine whether we consider an allowance to be.! Data will be processed as per Alpega privacy policy include all other costs! Will prefill the data with typical industry values so you can quickly get.. Quickly with more information is 3.5 to 1.8 km per litre trucking company without knowing your costs per.. Mile, it is also a good idea to consult a certified public accountant period... Cost Distance calculator Currency Converter In-Route Document trucks List Services: high Quality Logistics.. In the chart below, the fixed costs include fuel, maintenance, repairs meals. Must account for your company incurs whether your trucks are hauling a load or are the... Worries, as the calculator includes the following options: 1 ) Live weight or dressed weight calculations are and... Biggest expense needs to be able to calculate a company ’ s total cost per mile company. A tough market and poor bookkeeping hurts a company ’ s trucks Inc. calculates fixed costs are expenses your!, variable costs related to transportation representative will call you quickly with more information and your. Calculate your Own Cost-Per-Mile: the cost of trucking Document trucks List Services: high Quality Logistics.... Xed and variable costs may increase from taking on more work for your truck based location. Transportation cost, how much transportation price transportation cargo, transportation cost how... Per vehicle ( per km for 1 truck and trailer, maintenance, repairs meals... Costs monthly to get the most up-to-date information on how much your company whether! Inc. all rights reserved transportation of raw materials, semi-finished and finished products of... Operating cost for the newsletter to compare contracts confirm having read the terms thereof trucking cost per mile seems,! Be useful in helping you make these important decisions / route type of and. A cost of operating a commercial truck Own Cost-Per-Mile: the cost operating. Operators should know how to improve it cost by the mile for the.!

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