Knowing your cost per mile can make or break a small trucking business

It’s not difficult to tell which small trucking business owners don’t have a handle on the economics of their business.

They tend to explain things in generalities.

For example, “It used to cost about $700 to fill up my truck, but now it’s $1,000.” They’ll talk about how many dollars they usually take home in a week, or how they used to get paid a certain amount to go to Albuquerque, but now it’s less.

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