Driver Pay: Cents-per-Mile vs Percentage
CPM pay = rate x miles, percentage pay = percent x linehaul, break-even = CPM/(percent) per mile. $0.60/mi or 25%, 1000 mi, $2,500 -> $600 vs $625 (percentage wins above $2.40/mi); a $1,800 load favors CPM ($600 vs $450). The pay plan and accessorials govern.
Formula and source
cpm_pay = cpm x miles; pct_pay = (pct/100) x linehaul; breakeven_rate = cpm / (pct/100) (USD per linehaul mile).
Driver pay comparison, cents-per-mile vs percentage-of-linehaul, from carrier settlement practice, by name.
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