Freight rate & broker margin calculator
Enter your carrier cost and margin rules to get the rate to quote, the rate per mile and your margin. Free, no sign-up, nothing leaves your browser.
Rate to quote the shipper
$0
- Your margin
- $0
- Margin %
- 0%
- Rate per mile
- $0
- Carrier cost per mile
- $0
How the calculator prices a load
It quotes the higher of two prices: your carrier cost divided by (1 − target margin), and your carrier cost plus your minimum margin. Accessorials and fuel are added to the cost first, and the result is rounded up. This is the same rule many brokerages use, and the one Hopelight Quote applies to every quote request automatically.
Learn more in our guides on setting and protecting your margin, pricing truckload freight and accessorial charges.
Frequently asked questions
How do I calculate a freight rate per mile?
Divide the all-in rate by the loaded miles. A $2,160 load over 780 miles is about $2.77 per mile.
How much margin should a freight broker make?
Many truckload brokers target roughly 10% to 20% gross margin on spot freight, with a minimum dollar amount per load so short, cheap loads still cover the work.
Should I quote with a minimum margin or a percentage?
Both. A percentage scales with the load, and a minimum dollar margin protects you on short or low-value loads. Quote the higher of the two.
Use this calculator on your site
You are welcome to link to this calculator from your own website or training material: https://hopelightlabs.com/tools/freight-rate-calculator/