Financial

What is Cost Per Mile?

Also written as CPM

Cost per mile is the total cost of operating a truck divided by miles driven, including fuel, driver pay, insurance, maintenance, tires, permits, tolls and fixed overhead. It is the break-even number every load must clear.

Why it matters in day-to-day operations

Most owner-operators run between $1.60 and $2.20 per mile all-in. Knowing yours turns load selection from guesswork into math.