Owner-operators and small fleets often know their fuel cost but not their full cost per mile. Repairs, tires, insurance and tolls change the picture.
Log by category
- Fuel and DEF.
- Repairs and maintenance, and tires.
- Insurance and permits.
- Truck and trailer payments.
- Tolls, scales and parking.
- ELD, load board and phone.
Divide by miles
At the end of each month, divide total costs by total miles, loaded and empty. That is the cost per mile every load must beat.
Keep the receipts
Receipts support taxes and IFTA. Photograph them the day they are paid.
Our truck expense log totals each month and figures cost per mile.
General information, not legal, tax or financial advice.
This article is general information, not legal, tax or regulatory advice. Rules change; confirm current requirements with the responsible agency or a licensed professional.
