truck driver mileage pay calculator

Your feedback have been received. The jobs that pay between $0.40 and $0.45 per mile are typically given to drivers with many years of experience and have exceptional driving skills. OTR is big for sure, but you also have several regional and local driving positions that provide a large portion of the overall jobs in the industry.Even if you’re already in the business, you may want to find out if your pay rate is fair, or below average.No matter the case, it’s important to remember that the average truck driver pay per mile will vary greatly depending on:With that said, you can get an idea of how much you Unlike other industries, truckers are paid by the mile – not hourly, or on a salary basis.Some companies are making the shift towards other compensation models, like hourly or even profit percentage. Variable expenses include fuel price at the time of transport, number of miles per gallon for the transporting truck, distance in miles from the origin to the destination, driver’s pay, broker fees and more. Variable expenses are the expenses related to transporting the truck load. In this case, the “unit produced” would be miles.This model works well for the trucking industry – at least it did for many decades. Please visit us again. Can you imagine answering a company add that stated; Now hiring, truck driver, mileage pay at $.40 per mile. Compensation is rather low for rookie drivers, but pay rates usually increase after 6 months to 1 year.It’s difficult to determine how much truckers make per year because they’re paid by the mile – not hourly or on a salary basis. Broker fee, permit fees, driver pay, equipment rental fee and other expenses are converted to a flat rate dollar amount even if it started out as a percentage of the load expense or a per mile expense.You are given a total expense dollar amount that includes all fixed and variable expenses for your truck load. On average, drivers (with some experience) are paid between $0.28 and $0.40 per mile. So, you can’t use the standard mileage method. You quickly see the rate per mile, total profit if you transport at the offered rate and the percent of profit in the offered transport rate. You can create a quote from your calculations. The desired net profit is the amount of money left after all expenses have been paid.The truck rate calculator examines all of these trucking expenses including your fixed expenses. Review the short interactive interview, Do I Need to Pay the Heavy Highway Vehicle Use Tax?, to help determine if you're required to pay highway use tax on a highway motor vehicle. Click here to see the truck load calculator results.After reviewing all trucking related expenses the truck rate calculator presents you with all the information you need to charge a profitable yet competitive truck load rate.In the screenshot below you will see that our trucking calculator quickly totals each expense to provide you with valuable truck load information. Truck load expenses are totaled and compared to the transport rate you entered. Running your own truck is a lot of work, and you need to know what you’re up against.Being an owner-operator does have its perks, and if you know what you’re getting into, it can be a profitable career.Those who succeed have reported bringing home earnings of $60,000-$80,000 or more.Remember, just because you gross over $150,000 per year, that doesn’t mean all of that money is going into your pocket.Pay rates in the trucking industry vary greatly, and the rate you’re paid per mile may be very different from your trucker friends. Drivers can then take the interstate for the majority of the miles, which increases fuel efficiency and time spent driving. You can enter the destinations by city and state or by zip code. Calculate Mileage; Trucking Links; Truckstop Locations; Find Drivers; Quick Pay; Get Your Authority; Federal Motor Carrier Database; Fuel Price Data; Partners; Blog So, how much do truck drivers make? The first step is to enter the origin and the destination. In addition to capturing variable load expenses we also capture them in the format that you typically have to work with. Schneider Nat’l Carriers, Washington resident, Washington CDL truck drivers who are paid on a “piece-rate”, that is, per-mile, per-load, or per-trip, must be paid hourly and separately for 10-minute rest breaks for every four hours of work at their hourly rate of pay. Its own the format that you typically have to be entered with each truck rate calculator saving. 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