Budgeting tips for small fleet owners dealing with inconsistent freight rates in the trucking industry.
From Yahoo Finance: 2025-06-28 07:00:00
Small fleet owners face volatile freight rates, from $3.20/mile to $2.10/mile. Survival means budgeting fixed costs like truck payment, insurance, and variable costs like fuel, maintenance. Calculate a weekly revenue target to cover costs and profit. Save for slow weeks, adjust driver pay based on gross revenue. Review finances weekly for stability and growth.
Budgeting in trucking requires discipline and visibility. Create a system that covers fixed and variable costs, ensuring profit margins even in unpredictable markets. Take control of your finances to build a stable operation that withstands market fluctuations. Manage money like a larger carrier for long-term success.
Read more: How to Budget Weekly Pay When Freight is Inconsistent