For truckload carriers, revenue per mile, sometimes referred to as rate per mile, is viewed as a proxy for rates.
The base calculation is simple: total revenue divided by the number of miles driven. The per-mile number for dry van loads typically ranges from $1.50 to more than $3 depending on capacity tightness in the market. When capacity is constrained and demand is high, it’s no longer uncommon to see general freight categories exceed the $3 mark on a per-mile basis.
A better way to view the...
https://www.freightwaves.com/news/why-track-revenue-per-loaded-mile-excluding-fuel-surcharges