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Trucking Costs CPM Challenge

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Played 29 %Accuracy 82 Average time 00:55

About this activity

Test your trucking cost knowledge.

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Trucking Costs CPM Challenge
 

Trucking Costs CPM ChallengeOnline version

Test your trucking cost knowledge.

by Toska Washington
1

Tolls never affect profitability.

2

You should negotiate below cost.

3

Adding a profit margin of about $0.50–$0.75 per mile is recommended.

4

Insurance premiums are fixed costs.

5

Empty miles are ignored when calculating CPM.

6

Fuel costs are fixed monthly.

7

Cost per mile (CPM) = Total monthly expenses divided by average monthly miles driven.

8

Fixed costs are monthly expenses that don’t change with miles.

9

If a load pays less than the CPM, the driver loses money.

10

Brokerage fees are fixed amounts, not percentages.

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