How To Calculate Your Cost Per Mile For Your Box Truck Business (Step By Step)
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- Опубликовано: 17 май 2024
- #boxtruckbusiness #cargovanbusiness #boxtruckowneroperator #costpermile #cpm #boxtrucks #thumbtack #boxtruck #noncdl #boxtrucklife #boxtrucks #boxtrucking #finalmile #trucking #logistics #amazonrelay #lastmile #lastmiledelivery #truckingcompanies #trucking #logisticscompany #truckingcompanies #startabusiness #cargovan #sprintervan #movingcompany #moving #gigwork #gigworkers #cargovanbusiness
In this video I give the formula to determining your cost per mile the correct way.
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Smooth vid made simple I love it !
Mark is the G.O.A.T. In the box trucking world
💯👊🏿
This why the real fuck with u, and the fake hate on you. Man you just broke that shit down in simple terms and in less then 3 minutes 😂 U just helped hella people know their business on the money side in less then 3 damn minutes. U the truth blood keep yo foot on their throats
10-4💛💯 Will do!
Hey Mark how you doing. I really appreciate what you doing teaching about being a business owner and trucking . Thanks for all the content.
Appreciate you. Thank you for watching!💯
Thank you🔥🔥🔥
You're welcome. Anytime!💯
Mark THANK YOU my brother 🙏
💯👊🏿
Thank you ❤
You're welcome 😊
Hey Mark remember when I asked you on your other video about that delivering lottery slips and u said its in Chicago under state. So today I called Ga lottery and asked how could I deliver lottery slips and tickets for them and she informed me the stores etc order and pay online and the us postal service delivers to where it has to go. She said once they order it's on them to get it to the location. I'm so sad right now. I been thinking about this every since I saw your video about it. We run a 26 box truck here in Ga. Thanks for great videos. This one is just what we neeed cost per mile so does this apply for local running too? So the price local should be 2 or 2.50 per mile?
Hello. Yes when we were doing it for the state of Illinois we ran it via DDS. Each state regulates the lottery and I guess how they handle it logistically. The account is not a truck account. It’s more performed efficiently in a cargo van or at max a 16’ box truck. Local depending on the lane is more gaged by percentages.
@@markthementor oh ok makes sense. Seems sprinter vans are doing better than box trucks especially this year. I'm gonna have to get me a sprinter van or get some contracts like truckin with dee is doing and source them out to folks. She has final mile everywhere she lives here but killing the sprinter game. Our box truck struggled this year smh I wonna get a mail contract for my truck.
how to determine cost per mile when just starting out
Quick question what number do I put in for truck payment If the truck was paid in full from day 1? cashed out basically
If truck payment is not reoccurring then do not add as it is not affecting your CPM directly daily. Pay attention to your cashflow to determine when you have recouped that initial investment.
I see what I did not sure if its wrong was I divided the truck by 5 years since that how long they normally get depreciated which was an expense of like $2500 but in any case
let says I recoup it in 2.5 years the initial invesment then I use it for 3.5 years then that 1 year of me profiting 100% is my actual profit correct?@@markthementor
In my flea bitten opinion add
fuel $5 a gallon for 10mpg equaling .50 a mile
hotel rooms if otr $100 over X miles so ? a mile
deferred cost of tires $4000 for tires lasting 50,000mi so .08 a mile
deferred cost of pm $500 every 10,000mi so .05 a mile
If you are a driver with nothing to do between loads break out your receipts and do a week and divide by total miles traveled. You may find you would've made more money not taking a load.
YMMV
Peace mark what good
Peace sir!💪🏿
Trucking for Dummies 101😎
😂😂
And what about your house payment and your bills and kids and car payment
What about it?
@@markthementor it should be on there
@@blades7178 No it shouldn’t. Please substantiate for me why you would include your house payment, car payment, house bills and kids cost in your trucking companies cost per mile? How do these things affect your trucking cost per mile?