Trucking Terms Glossary
Twenty-six money terms every owner-operator meets in rate cons, settlements, and filings, defined plainly with 2026 figures and the formula where one exists. Each entry links to the calculator that prices it.
Cost terms: what does it cost to roll?
Cost per mile (CPM). Total operating cost divided by miles run: fixed spread over miles plus fuel (price divided by MPG), maintenance, tires, tolls, plus driver pay. Solo dry van runs $2.10 to $2.80 all-in at October 2026 diesel. Full primer: what is cost per mile.
Fixed costs. Costs that hit whether the truck moves or not: payment, insurance, plates, parking, ELD. Typically $4,000 to $4,500 a month solo, or $0.40 to $0.45 per mile at 10,000 miles.
Variable costs. Costs that scale with miles: fuel, maintenance ($0.12 to $0.18), tires ($0.05 to $0.08), tolls. Fuel dominates at $6.20 diesel, near $0.95 per mile at 6.5 MPG.
All-in versus truck-only CPM. Truck-only covers the equipment ($1.62 in the site worked example). All-in adds owner pay ($0.60), totaling $2.22. Quote freight off all-in, never truck-only. See pay per mile.
Break-even rate. The all-miles rate where a load covers exactly its cost: total cost divided by all miles. Anything above is margin; anything below is a loss. Computed per load in the load profit calculator.
Loaded-mile cost. All-miles cost divided by (1 minus deadhead fraction). At $2.22 with 15 percent deadhead, loaded miles must earn $2.61. Quote off this number.
Mile terms: which miles count?
Deadhead. Empty miles for $0 revenue. Under 10 to 12 percent is strong, near 15 percent average, over 20 percent means the lane or planning needs work. Playbook: cut deadhead.
Bobtail. Tractor without trailer, usually repositioning or heading home. Burns fuel and hours for no revenue; log it as deadhead in your math.
Loaded miles versus all miles. Loaded miles earn; all miles cost. Rate per mile quoted on loaded miles always looks higher. Convert with the rate per mile calculator before comparing offers.
Ton-mile. One ton moved one mile. Rare in truckload pricing but common in freight statistics and emissions math. A 20-ton load over 500 miles is 10,000 ton-miles.
Practical versus short miles. Paid miles by the broker routing guide versus actual hub miles. A 5 to 8 percent shortfall is common; price the gap or negotiate practical-miles pay.
Out-of-route miles. Miles off the dispatched route (fuel stops, detours, food). Unpaid unless the rate con covers them, and they dilute the real rate fast.
Pay terms: what lands in your pocket?
Linehaul. Base pay for moving the load, before surcharge and accessorials. Compare linehaul per loaded mile against your loaded-mile cost.
Fuel surcharge (FSC). (Current price minus baseline) divided by contract MPG. At ($6.20 minus $2.50) divided by 6.0, the surcharge is $0.62 per mile, or $524 on 850 loaded miles. Billed as its own line. Tool: fuel surcharge calculator.
Detention. Waiting pay, about $50 per hour after 2 free hours in 2026. Four unpaid hours can drag a $2.40 load near $1.85 of real effort. Guide: detention and layover.
Layover. Overnight delay pay, $150 to $250 per day. Trigger and approver must be on the rate con before the load.
TONU (truck ordered not used). Cancellation pay, $100 to $200, when a load cancels after dispatch or refuses at the dock.
Lumper. Third-party unloading fee, reimbursed at cost with receipt when pre-approved. Confirm payer before the dock, not after.
Stop pay. $50 to $75 per extra pickup or drop past the first. Multi-stop loads without stop pay are usually cheap freight in disguise.
Factoring fee. 2 to 4 percent of invoice for fast payment from a factor. Entered as its own line in the load calculator; polices cash flow, costs margin.
Dispatch fee. 5 to 10 percent to a dispatcher. Applied to linehaul in the site calculators; worth it only when the lanes found beat the fee with margin.
Compliance terms: what keeps you legal?
IFTA. The fuel-tax agreement for interstate carriers: one quarterly return splitting tax by miles per state. Fleet MPG is total miles divided by total gallons; KY adds 10.5 cents and VA 14.3 cents per diesel gallon burned there, always owed, never credited. Tool: IFTA calculator. Walkthrough: how to file IFTA.
MC number and USDOT. Operating authority ($300 FMCSA filing) and carrier identity. Verify any carrier live in carrier lookup before you book.
BOC-3. Blanket process-agent filing, about $50 one-time, required before authority activates.
HVUT (Form 2290). Heavy vehicle use tax, $100 to $550 per year by weight; $550 at 75,000-plus lb, which covers most loaded tractors.
UCR. Unified Carrier Registration, $46 for 1 to 2 trucks in 2026. Annual, inexpensive, still a ticket if skipped.
ELD. Electronic logging device, $165 to $500 first year. Compare 2-year true cost in ELD compare and the buying guide.
By Srikanth M. · Last reviewed October 13, 2026. Figures are 2026 planning norms; verify rates, fees, and filing rules before acting. Sources: sources and methodology. Diesel: EIA weekly prices.
Glossary FAQ
What is cost per mile (CPM)?
Total operating cost divided by miles run. Fixed costs spread over miles plus fuel (price divided by MPG), maintenance, tires, tolls, plus driver pay.
What is deadhead?
Empty miles run for $0 revenue. Loaded-mile cost equals all-miles cost divided by one minus the deadhead fraction.
What is a fuel surcharge?
A per-mile payment covering diesel above a baseline: current price minus baseline, divided by contract MPG. Billed as its own line.
What is IFTA?
The fuel-tax agreement letting interstate carriers file one quarterly return splitting tax across states by miles run, with KY and VA surcharges always owed.