123Loadboard launches profit calculator to help truckers determine load profitability
123Loadboard, a premier provider of freight matching technology, launched an easy-to-use profit calculator for truckers to determine load profitability within seconds.
Determining profitability for trucking companies can be a complicated process. As your company grows, it becomes crucial to regularly track how much money is coming in and how much is going out. Calculating revenue and profit per mile is the key to understanding your company’s overall financial health.
“Calculating your profit on a load should be fast and easy. Knowing revenue and anticipating costs for your company can mark the difference between success and failure,” said V.P., Loarn Metzen.
Accounting software such as QuickBooks and FreshBooks can help you make these calculations for around $20 per month whereas the 123Loadboard profit calculator is free to use.
Benefits of using the profit calculator:
- Easy-to-use form
- Quickly calculate linehaul revenue
- Quickly calculate estimated fuel costs
- Add other fees such as tolls, dispatch, etc
- Determine within seconds if a load is profitable