How do I calculate cost per mile?

Cost per mile = (fixed costs + variable costs) / total miles driven. Track fuel, maintenance, insurance, truck payment, driver pay, and dispatch fees monthly, divide by miles.

Cost per mile = (fixed costs + variable costs) / total miles driven. Track fuel, maintenance, insurance, truck payment, driver pay, and dispatch fees monthly, divide by miles.

Quick answer

Cost per mile = (fixed costs + variable costs) / total miles driven. Track fuel, maintenance, insurance, truck payment, driver pay, and dispatch fees monthly, divide by miles.

Why it matters in dispatch software

Dispatch Tool surfaces this concept where it matters: in load setup, settlements, or driver workflows. The goal is to keep operators compliant and paid without extra spreadsheets.

Frequently asked

Where do I learn more?

Browse our trucking guides and the rest of our answer library, or start a free Dispatch Tool trial to see how this works inside the app.