Setting Courier Rates Starts With the Math, Not the Emotion If you don’t know your cost per mile (CPM) and cost per hour (CPH), you’re guessing and guessing leads to burnout. Here’s how smart couriers set profitable rates 👇🏽 Cost Per Mile (CPM) This tells you what it truly costs to put your vehicle on the road. Include: • Fuel • Maintenance and repairs • Tires • Oil changes • Insurance (auto commercial) • Depreciation • Tolls and parking Formula: Total monthly vehicle costs ÷ total miles drive
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How do couriers get paid? 🚚💷 Courier work can be paid per mile, per job, per drop, or by quoting your own rate depending on the load. But remember — what you earn isn’t the same as what you take home. Fuel, insurance, vehicle costs, maintenance and tax all come out of each job. If you’re starting a courier business or owner-driver career, knowing your costs is key to making real profit. #courierbusiness #courierdriver #ownerdriver #logisticsuk #deliverydriver
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Medical courier insurance explained 👇 What 100/300/50 means, why it matters, and how to price it before you start. Know your numbers or you’re guessing #medicalcourier #entrepreneur #veteranowned #logistics #courier #logisticsgame #delivery | Mike Chip Smith
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