Owner-operators can use the Trucker Calculator to constantly track net profit and cost per mile, ensuring they operate at peak efficiency. This tool can also export detailed PDF profit and loss statements, which can be used to secure a bank loan and provide transparency regarding your finances.

Cost per Mile, or CPM is a trucking metric that represents your Bottom Line.

Basically, to stay profitable your Rate per Mile has to be above your Cost per Mile.

You will know your company's net profit and cost per mile, and also the top 5 best and worst trucks based on Gross, Net Profit, Rate per Mile, Total Miles, Expenses, and Cost per Mile.

You will compare which option brings you more profit—Dry Vans, Open Decks, or Reefers. Review weekly performance for each truck, identify highlighted money losses, and receive comprehensive Profit and Loss reports for your entire trucking company, specific trucks, or even a single truck over years, quarters, months, and weeks.

Your accountant can upload a bank statement with all incomes and expenses for any period directly into the Transaction Distribution system for Motor Carriers. You can manage the entire cash flow, specific income or expense transactions, or manually add specific trucking loads on the go.

Cost per mile helps you understand the effectiveness of your trucking business and highlights areas where you're spending too much. Constantly tracking your cost per mile will help you maintain the most efficient fleet and book the best loads for your business.

To calculate your cost per mile, you need to sum your total expenses and then divide by the total miles driven. Ensure you use all miles, not just loaded miles—this is the only way to determine your true Cost per Mile accurately. Use odometer readings or your ELD information for this calculation