How to Calculate Freight Rate Per Mile (For Brokers and Carriers)
To calculate freight rate per mile, divide the total amount a load pays by its loaded miles: a $2,400 load over 1,000 miles is $2.40 per mile. Make sure both sides mean the same thing by “rate”, because an all-in rate includes fuel surcharge, while a linehaul rate doesn’t. Rate per mile is what the load pays. Cost per mile is what it costs to haul. The gap between them is profit for the carrier, and the spread between shipper rate and carrier rate is margin for the broker. ...