How Do You Calculate Cost Per Mile For Driving?

What is the going rate per mile for trucking?

$1.82The latest data from the American Transportation Research Institute (ATRI) says the average trucking cost per mile in the U.S.

is $1.82..

What is the formula to calculate mileage?

CalculateGet the miles traveled from the trip odometer, or subtract the original odometer reading from the new one.Divide the miles traveled by the amount of gallons it took to refill the tank. The result will be your car’s average miles per gallon yield for that driving period.

How transportation cost is calculated?

To calculate your transportation expense ratio: Start with your average monthly (or yearly) transportation expenses. Divide this figure by your gross monthly (or yearly) income, before taxes and any other adjustments.

What is revenue ton?

Revenue Ton means one long ton (a weight of 2,240 pounds), one metric ton (a weight of 2,207 pounds) or a measurement ton (40 cubic feet) as by the Port Authority in its sole discretion.

How much does it cost me to drive per mile?

Based on Driving 15,000 miles annuallySmall SedanSedan AverageCost Per Mile46.4 cents60.8 centsCost Per Year$6,967$9,122

How much does it cost to drive 1500 miles?

Cost To Drive 1,500 MilesMPG$2 per gallon$4 per gallon22 MPG$136.36$272.7323 MPG$130.43$260.8724 MPG$125.00$250.0025 MPG$120.00$240.0096 more rows

What is the formula to calculate average of car?

You might need a calculator handy to perform the following calculations.Take the second odometer reading & subtract it from the first.45107 – 44786 = 321.Divide the result from Step 1 by the gallons you needed to fill her up with.321 / 11.25 = 28.53. This is the average mpg of your automobile.

What is difference between mileage and average?

Average is distance covered per unit fuel by the vehicle under no specified condition. It is also measured in mpg (miles per gallon) or in kmpl (kilometer per litter). … Average is always smaller than mileage.

How can I calculate average?

The mean is the average of the numbers. It is easy to calculate: add up all the numbers, then divide by how many numbers there are. In other words it is the sum divided by the count.

How Are transportation charges calculated?

The transportation expenses will be calculated either by volume or weight of the cargo.Weight/Mesurement (W/M) W/M is a common phrase used in logistics. … Breakpoint Calculation. … Sea Freight Rates. … Terminal Handling Charges. … Delivery. … Drop Off Costs. … Costs of Customs Clearance. … Dimensional weight air freight.More items…

How do you calculate cost per ton per mile?

The cost -per ton-mile is 1.8d., found by dividing the total . cost by. the,nuMber of ton-miles. In the second case, assuming that a 5-tonnef is _employed and that running costs amount to ls, per .