Cents Per Mile
Logistics Term
Cents Per Mile Definition
Cents Per Mile is a pricing metric to measure the cost of transporting freight and equipment over a distance. Cents Per Mile varies based on:
- Cargo type
- Distance
- Transport method (train, trailer, etc.)
- Fuel costs
- Tolls
- Driver pay
- And more
A logistics company takes all the factors into account and provides a quote to the client to make sure all costs are covered, and everyone is fairly compensated.
What to Know About Cents Per Mile
Cents Per Mile may fluctuate based on the above factors, the economy, and more. It provides accurate and precise estimates for transporting anything from cars to oversize loads. Transparency is critical when hauling loads, so you want to ensure no hidden fees or surprises.
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