What is the Going Rate for Freight Per Mile

What is the Going Rate for Freight Per Mile

Knowing the current situation with pricing on the trucking market is essential for carrier companies and owner-operators. Because nobody wants their business to be unprofitable.

At the beginning of 2022, trucking rates per mile average at:

• Flatbed – $3.14 per mile
• Reefer – $3.19 per mile
• Van – $2.76 per mile

Remember that these are just average numbers, and they can change depending on the main factors that shape transportation prices.

What Factors Affect Shipping Rates

There is a number of fundamental factors that affect transportation rates. Their change means the change of shipping rates per mile.

• Mileage. The more miles the carrier has to drive – the higher the rates.
• Density. Freight density is measured in pounds per cubic foot. That means the rates will be higher if your load is heavy and takes a lot of space.
• Freight class. The National Motor Freight Traffic Association (NMFTA) defines 18 freight classes. Each class is priced differently due to different density, value, handling, liability, and stackability.
• Transportation method and service. Shipping rates differ, depending on which transportation method (ground, air, sea) or transportation service (LTL, FTL, Flatbed, etc.) you have chosen.
• Season. It is not a secret that shipping during the summer or winter holidays is more expensive.

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