HOW TO USE THIS CALCULATOR
- Type the loaded miles on the rate confirmation and the empty miles you will drive to get the truck there.
- Choose total pay or rate per loaded mile, then enter the offer. Per loaded mile is multiplied by loaded miles only.
- Enter the fuel price you expect to pay and the miles per gallon the truck and trailer actually get.
- Add tolls and permits for this trip. If you want the truck payment in the math, fill in both monthly fixed costs and loads per month.
- Read break-even before you book. If the all-in rate is under the break-even rate, the costs you entered are not covered.
For a whole month of miles, use the cost per mile calculator. For the startup sequence, read the hot shot trucking guide and how to find hot shot loads.
A WORKED EXAMPLE
Example only. Not a target and not your costs. 400 loaded miles, 80 deadhead miles, $1,200 total pay, $3.80 per gallon, 10 mpg, $40 in tolls, and no monthly costs.
All miles = 480. All-in rate = $1,200 ÷ 480 = $2.50 per mile. Rate per loaded mile = $1,200 ÷ 400 = $3.00. Fuel = (480 ÷ 10) × $3.80 = $182.40. Profit = $1,200 − $182.40 − $40 = $977.60 ($2.04 per all-in mile). Break-even = $222.40 ÷ 480 = $0.46 per mile. Add a truck payment and that break-even rises.