Cents per Mile
Logistics Term
What’s Cents per Mile?
Trucking is a complex deal that requires the affiliated partners to keep up with its complexity. In most trucking enterprises, the drivers are paid in cents per mile. This differs from the company a driver is employed by, the region, and their experience. Normally, the charges are between 0.28 cents and 0.48 cents per mile, as the U.S Bureau of Labor Statics dictates. However, several companies are generous enough to earn their drivers a wage of up to 0.45 cents per mile. These are accorded to drivers with a bit more experience in the venture and more diverse job skills. Additionally, drivers more knowledgeable in shipping sensitive material receive higher pay.
Importance of a Cents per Mile
A truck driver is expected to cover at least 2,000 to 3,000 miles weekly. This is regarding the 70-hour maximum restrain for up to eight days. The wage for starting drivers is between 0.27 and 0.29 cents per mile. Upon establishment, the driver gains an increment on this amount. There are pros associated with this mode of payment. First, the driver is able to track their pay, and additionally, they can add to their wages by mastering routes that offer less traffic. With pros, there are expected cons as well, and there is no exception in this mode of payment. These includes traffic delays, poor weather conditions, and breakdowns.
