When determining the overall cost of trucking, most people will probably just consider the amount of money to fuel the truck. In reality, there are so much more things to add to just the fueling and operating costs. For example, the repairs, the maintenance, and even the coffee should all be factored in as well. Did you know that the average annual operating cost of a commercial truck in the United States is $180,000?
How did it reach that figure? The Truckers Report breaks it down in this infographic:
If you’re in need of some small business financing to help your trucking business, Ironwood Finance specializes in the trucking industry. We offer an array of programs perfect for the industry, such as merchant cash advance, equipment leasing, collateral lending, and factoring. You can access our online application here.