💲 Free Owner-Operator Tool

Rate Per Mile Calculator — What to Charge for a Load

Enter your cost per mile, the profit margin you want, and the loaded and deadhead miles for a lane. Get the minimum rate per loaded mile you must charge to cover every mile and still make your target profit — so you never book a losing load again.

Deadhead-adjusted Per loaded & total mile No signup Instant
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Your Cost, Margin & Miles
Don't know your cost per mile? Get it first with the Cost Per Mile tool
$
All-in cost per total mile. Calculate it →
%
Profit as a share of revenue.
Paid miles with freight on board.
Miles run empty to pick up this load.
⚠️ Enter your cost per mile, margin, and loaded miles (greater than 0) to calculate.
Minimum Rate to Charge
Live result — updates as you type
Rate / Loaded Mile
$0.00
what to quote
Rate / Total Mile
$0.00
incl. deadhead
Line-Haul Revenue
$0
for this load
Net Profit
$0
deadhead 0%
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Note: This is your minimum profitable rate — always try to book above it. Estimates based on your inputs; use a current cost per mile for accuracy.

How to calculate the rate to charge

The Formula

Total Cost = Cost Per Mile × ( Loaded + Deadhead )
Revenue Needed = Total Cost ÷ ( 1 − Margin )
Rate / Loaded Mile = Revenue Needed ÷ Loaded Miles

Worked example

$1.60 cost per mile, 25% target margin, 800 loaded + 100 deadhead miles:

  • Total cost = $1.60 × 900 = $1,440
  • Revenue needed = $1,440 ÷ 0.75 = $1,920
  • Rate per loaded mile = $1,920 ÷ 800 = $2.40/mi (vs $2.13 if there were no deadhead)
  • Net profit = $1,920 − $1,440 = $480

Price loads on your numbers — not the broker's

The fastest way to go broke in trucking is to book loads that "sound okay" without running the math. A rate per mile only makes sense relative to two things: your cost per mile and your deadhead. This calculator combines both so the number you see is the real floor — the minimum rate per loaded mile that covers all your costs and leaves your target profit.

Why your loaded-mile rate is higher than your total-mile rate

Brokers quote per loaded mile, but your truck burns fuel and wears tires on empty miles too. If you deadhead 100 miles to grab an 800-mile load, your loaded rate has to carry the cost of all 900 miles. That's why a $2.13 total-mile target becomes a $2.40 loaded-mile minimum in the example above. Ignore deadhead and you'll quietly underprice every backhaul.

Use it with the rest of your toolkit

Set a target rate, hold the line in negotiations, and let the math — not the pressure of an empty truck — decide which freight is worth hauling.

Frequently asked questions

How do I calculate what to charge per mile?+
Start with your cost per mile, then divide by one minus your target margin to add profit: Rate = CPM ÷ (1 − margin). A $1.60 CPM at 25% needs about $2.13/mile — and more per loaded mile once deadhead is included.
Should I charge per loaded mile or total mile?+
Brokers quote per loaded mile, but your truck has costs on every mile including empty deadhead. To stay profitable you recover total-mile cost from your loaded-mile rate, so the loaded rate is higher than the total-mile rate.
How does deadhead affect the rate I need?+
Empty miles cost money but earn nothing, so they raise the loaded-mile rate. 100 deadhead miles on an 800-mile load means your loaded rate must cover 900 miles of cost — pushing a $2.13 total-mile target to about $2.40 per loaded mile.
What is a good profit margin for trucking?+
Many owner-operators target 10–25% net on revenue. Thin markets compress margins; specialized or well-negotiated lanes run higher. Know your cost per mile first, then set a margin that keeps the business sustainable.
What is the average rate per mile for trucking?+
Spot-market averages move constantly and differ by equipment (dry van, reefer, flatbed) and season. Treat any published average as a moving benchmark — your own profitable rate is set by your cost per mile plus margin, not the market alone.
How is this different from a cost per mile calculator?+
Cost per mile is your break-even. This tool adds your target profit and adjusts for deadhead to give the minimum price to charge. Use cost per mile for the floor and rate per mile for the quote.
💡 Quick Tip

The rate you calculate here is the floor, not the target. Quote above it whenever the lane and season allow — and walk away from anything below it.