Benjamin Franklin said, “A penny saved is a penny earned.” In this case, it’s a whole lot more important than that.

Know Trucking Business Expenses

Any small business owner needs to track expenses, large and small. Here are some typical trucking expenses for single truck operations. This example works on 10,000 paid miles per month with another 2,000 deadhead.

  • Truck Payment $1000
  • Trailer Payment $600
  • Truck Insurance $600
  • Fuel $5,000 (6 mpg, $2.50/gal)
  • Tolls $300 (totally dependent on where you run)
  • Licensing/Permits $150 (est. $1800/yr)
  • Tires $600
  • Maintenance/repairs $500
  • Factoring $1100
  • Office Expenses $500 (incl. telephone, faxing, Fed Ex, etc)
  • Taxes $200
  • Home/Salary $4000

Total $14,550