Before you take the load
Break-Even Rate Per Mile Calculator
The lowest rate per loaded mile that covers every mile you run, deadhead included. Anything under it loses money.
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Your result
How this calculator works
Break-even rate per loaded mile = cost per mile × (total miles ÷ loaded miles).
Your truck costs you money on every mile, but a broker only pays for loaded miles. When you drive 110 miles empty to pick up a 620-mile load, you run 730 miles and get paid for 620. The break-even rate spreads the cost of all 730 miles over the 620 that pay.
With a cost per mile of $1.85, that trip costs $1.85 × 730 = $1,350.50. Divide by 620 loaded miles and the break-even rate is about $2.178 per loaded mile. The same number as a flat rate is $1,350.50 for the trip.
Adding a margin
Break-even means you made nothing beyond the costs you put in. You'll usually want a margin on top. You can add it two ways:
- Dollars per mile. The profit you want on every mile you run, deadhead included. Target flat rate = (cost per mile + profit per mile) × total miles.
- Percent of the rate. The share of the rate you want to keep as profit. Target flat rate = trip cost ÷ (1 − margin). A 20% margin on a $1,000 trip cost is $1,250, because $250 is 20% of $1,250.
Your cost per mile should include what you pay yourself, so break-even already covers your wage. If you haven't worked out your cost per mile, start with the cost per mile calculator. To check a specific load with tolls, lumper fees, and extra pay, use the load profit calculator.