The Estimated Diesel Cost per Mile (MPG) dataset translates national and market level diesel fuel prices into an easy-to-understand cost per mile metric for truckload transportation.
This dataset is calculated using the Diesel Truck Stop Actual Price per Gallon (DTS) divided by an assumed average truck fuel efficiency of 7 miles per gallon. By converting diesel prices from a per-gallon cost to a per-mile estimate, MPG provides a clearer view of how fuel prices directly impact the cost of operating a truck.
Rather than interpreting fuel prices in isolation, this dataset connects diesel costs directly to transportation economics, making it easier to understand how fuel volatility influences freight rates and carrier operating costs.
Calculation
Estimated Diesel Cost per Mile (MPG) = Diesel Truck Stop Price (DTS) ÷ 7 MPG
Carriers, Brokers, Shippers, Market Analysts and Financial Teams.
This dataset is valuable for anyone who needs to understand how fuel costs impact transportation pricing and profitability.
The Estimated Diesel Cost per Mile dataset provides a clear view of how fuel price movements translate into real transportation costs.
With MPG you can:
By converting diesel prices into a cost per mile, MPG helps translate energy market volatility into a transportation metric that is easier to analyze, compare, and incorporate into freight pricing decisions.
