How to Survive Rising Diesel Prices

Diesel prices have surged again. We break down the exact math on how to adjust your rate negotiations to protect your profit margins. When diesel prices increase, your cost per mile (CPM) goes up. If you don't adjust your asking rates accordingly, you'll be eating the cost. For example, if your truck gets 6.5 MPG and diesel goes up by $0.50 per gallon, your cost increases by about $0.08 per mile. You must pass this cost on to the broker or shipper. Always know your break-even rate before entering negotiations. Use our Cost Per Mile calculator to stay on top of your numbers and ensure every load you book is profitable.