Which metric is used to express earnings per mile, calculated by dividing load cost by miles?

Which metric is used to express earnings per mile, calculated by dividing load cost by miles?

• A. Fuel Surcharge
• B. Cpm (cents per mile)
• C. Tracking Software
• D. Load PO# or Pickup Number

Answer: (B)

Cents per mile is the per-mile profitability measure. It expresses how much money is earned for each mile driven, shown in cents. You arrive at this by taking the earnings for the load, dividing by the miles traveled, and presenting the result as cents per mile. This per-mile view makes it easy to compare different loads and routes on how profitable they are, regardless of their total distance or total dollar amount. The other options aren’t per-mile earnings metrics: a fuel surcharge is an extra adjustment based on fuel price, tracking software is a tool for monitoring shipments, and a Load PO# or Pickup Number is just an identifier for the shipment.

Cents per mile is the per-mile profitability measure. It expresses how much money is earned for each mile driven, shown in cents. You arrive at this by taking the earnings for the load, dividing by the miles traveled, and presenting the result as cents per mile. This per-mile view makes it easy to compare different loads and routes on how profitable they are, regardless of their total distance or total dollar amount. The other options aren’t per-mile earnings metrics: a fuel surcharge is an extra adjustment based on fuel price, tracking software is a tool for monitoring shipments, and a Load PO# or Pickup Number is just an identifier for the shipment.