Cost Per Mile (CPM)
Average operational cost to drive one mile in logistics operations
FORMULA
CPM = Total Operating Costs / Total Miles Driven
Alternate Calculations
Revenue
Revenue Per Mile (RPM) - CPM = MarginWhat is Cost Per Mile?
Cost Per Mile measures the total operational cost (fuel, maintenance, labor, depreciation) per mile of vehicle operation. Standard metric for logistics profitability and efficiency.
Lower CPM indicates operational efficiency. Influenced by fuel prices, vehicle age, labor costs, and route efficiency. Critical for pricing and carrier profitability.
Chart
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Sample Data
| month | cost | miles | cpm |
|---|---|---|---|
| Jan | 215,000 | 100,000 | 2.15 |
| Feb | 206,000 | 100,000 | 2.06 |
| Mar | 202,000 | 102,000 | 1.98 |
| Apr | 198,000 | 105,000 | 1.89 |
| May | 195,000 | 108,000 | 1.81 |
| Jun | 192,000 | 110,000 | 1.75 |
Required Data Columns
operating_costsmiles_drivencpm