Hey, I'm the hauler behind Transport LogIQ. 🚛
• Track your cost per mile
• See what every load really pays
• Built for RV drive-away and hotshot haulers
I haul with a 2024 RAM 2500. Glad to be here.
Quarterly IFTA payment made? On Multi-haul trips you can record it in Transport LogIQ (quarter, amount, date paid, confirmation number) and print, export or email the list when you need it.
@CDLWire@JamzTransport The 3-month average is a smart smoother. One more thing that helps: figure out your break-even cents per mile before a slow stretch, so you know which loads are still worth taking when the truck would otherwise sit.
@freightwho Good list. Worth putting days-to-pay into the load math too: a slow payer or a quick-pay fee comes straight out of your profit per mile, so a slightly lower rate that pays fast can be the better load.
@NeoFleetRGarage And it gets worse the fewer miles you run. Insurance is a fixed monthly bill, so a slow month pushes that cents-per-mile number way up. Worth dividing it by your actual miles each month, not the yearly average.
One truck stop receipt, coffee, sandwich and fuel on it. Transport LogIQ's scan puts the food and drinks into one Meals expense and keeps fuel and DEF separate.
Sunday check before the week starts: truck MPG target set, receipts from last week scanned, deadhead logged on every trip. Ten minutes now beats digging through the console at quarter end.
@Trucker_Chris02 The clock-change parking tip is a good one this week. Dark an hour earlier means the lots fill up sooner too. Respect for building free stuff for drivers.
@NeoFleetRGarage Good reminder. The receipts are the easy part to lose track of. Snapping a photo at the pump every fill-up means Q4 is just adding up, not digging through the cab.
@bschoenbaechler@FreightWaves Agreed. A new O/O is floating thousands in fuel before the first check clears. Knowing your true cost per mile from day one is what keeps a rising spot market from looking better than it really is.
@truckingflames For a lot of small fleets it's insurance, because it doesn't care if you had a slow month. Fuel at least moves with the miles. The fixed costs are what eat you alive when loads dry up.
@CDLWire@JamzTransport Good math. The fixed stuff is the other sneaky part: insurance, the truck note and permits don't stop when the truck sits. Spread them over the miles you actually ran this month, not your best month, and the all-in number gets honest fast.
@SheppardBuilds That one's real money for sure. Even a simple habit helps: snap the rate con, jot the detention/layover/lumper terms you agreed on before you roll, and check it against the settlement. Most of the lost money is stuff nobody wrote down.
Finished loads in Transport LogIQ get a Load Score out of 100, built from MPG vs target, cost per mile, deadhead % and profit per mile. It's marked Estimate until you've done 3 loads like it. It's on the PDF report too.
@CHNSTRUCKING 100%. Simple habit that pays: log gallons and miles at every fuel stop, then look at MPG per load. Patterns show up fast, like idling, certain lanes or a heavy right foot.
@JamzTransport Love that you're showing the real breakdown. The number that changes everything is per mile with deadhead counted in. A $5,100 load looks a lot different once the empty miles to pick it up are in the math.
Deadhead miles cost the same diesel as loaded ones. Log them in Transport LogIQ (there's a second deadhead field if the empty leg comes in two parts) and your MPG and cost per mile count both.
@DTDispatcher So true. The ones that sneak up are the lumpy ones: tires, permits, the yearly insurance down payment. Spread them over the year's miles and your real cost per mile usually comes out higher than you'd guess.