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Trucking Expenses Checklist: Don't Forget These Costs

LoadBuck Editor

Trucking Expenses Checklist: Don't Forget These Costs

Missing expenses in your calculations is the fastest way to lose money. Here's every cost you need to track.

Direct Costs (Per-Mile)

These scale with miles:

ExpenseTypical Cost/Mile
Fuel$0.50 - $0.70
Tolls$0.05 - $0.15
Maintenance Reserve$0.10 - $0.15
Tires$0.03 - $0.05

Fixed Costs (Monthly)

These stay the same regardless of miles:

ExpenseTypical Monthly
Truck Payment$2,000 - $3,500
Insurance$500 - $1,000
Permits$100 - $300
Truck Parking$200 - $500
Communications$50 - $100
Business Insurance$100 - $200

The Expenses Most Truckers Forget

1. License & Drug Testing

  • CDL renewal: ~$50/year
  • Med card: ~$50-100
  • Random drug tests: unpredictable
  • 2. Scales & Scale Fees

  • CAT Scale: $10-15/use
  • Pre-pass/PikePass: ~$90/year
  • 3. Baseplate & IRP

  • Baseplate: $500-3,000/year (varies by state)
  • IRP (International Registration Plan): varies
  • 4. IFTA Reporting

  • Quarterly taxes
  • May need accountant: $200-500/quarter
  • 5. Accounting & Bookkeeping

  • Software: $20-50/month
  • Accountant: variable
  • 6. Professional Services

  • Lawyer: if issues arise
  • DOT compliance services
  • 7. Association Fees

  • TCA: ~$300/year
  • State trucking associations: varies
  • 8. Travel Expenses (Non-Driver)

  • showers
  • Scales
  • Parking
  • Food (yes, this is a business expense if documented)
  • The Maintenance Reserve Rule

    Always, always, always set aside $0.12-0.15/mile for maintenance.

    This covers:

  • Oil changes
  • Tire wear
  • Brake pads
  • Repairs
  • Major breakdowns
  • Don't skip this. You'll need it.

    Review Quarterly

    Costs change. Review your expenses every quarter and adjust:

  • Fuel prices go up/down
  • Insurance renewals
  • Maintenance needs
  • *Know every cost. Keep every dollar.*

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