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Trucking Rates: A Clear & Comprehensive Guide for 2024

Road transport, especially truck rental services, is increasingly popular due to its cost-effectiveness and ability to meet diverse transportation needs. Pricing and how rates are calculated are always top concerns for customers. This article provides a detailed guide on how trucking rates are calculated in a clear and transparent manner, helping you easily choose the right transportation service.

Factors Affecting Freight Transportation Rates

Freight transportation rates are not fixed and depend on several factors, mainly including:

1. Weight and Dimensions of Goods:

  • Weight: Shipping costs are usually calculated based on the weight of the goods, which can be calculated in kg, quintals, or tons. Lightweight goods are usually calculated in kg, while heavy, bulky goods are calculated in quintals or tons, combined with the actual dimensions.
  • Dimensions: For bulky but lightweight goods, the dimensions will determine the type of vehicle and how the rate is calculated. Large dimensions take up more space on the vehicle, leading to higher shipping costs.

Truck carrying goodsTruck carrying goods

2. Shipping Distance:

  • Distance: Shipping costs are proportional to the shipping distance, calculated in km. The further the distance, the higher the cost.
  • Terrain: Flat roads and highways will have lower costs than steep, bad roads.
  • Road Type: Inner-city transport usually has a different price than inter-provincial transport.

3. Shipping Time:

  • Delivery Time: Requests for urgent delivery, outside of office hours or at night will incur additional surcharges.
  • Storage Time: If goods need to be stored waiting for transport, there will be additional storage fees.
  • Surcharges: Costs such as toll fees, parking fees, waiting time, loading and unloading…

How Trucking Rates are Calculated at Some Transportation Companies

Each transportation company will have its own price list and method of calculating rates. Below is an example of how rates are calculated at Di Chung, a reputable transportation company in the market:

How Prices are Calculated at Di Chung:

Di Chung calculates prices based on shipping distance and vehicle type. The volume and dimensions of the goods will determine the appropriate vehicle type. The storage fee at Di Chung is 200,000 VND/night.

Reference Price List for Inner-City Transportation:

Vehicle Type Opening Price (First 3 km) 4-10 km (price/ km) 11-40 km (price/ km) 41-100 km (price/ km)
0.5 ton Truck 200,000 VND 19,000 VND 16,000 VND 13,000 VND
1 ton Truck 250,000 VND 21,000 VND 19,000 VND 14,000 VND
2 ton Truck 400,000 VND 25,000 VND 23,000 VND 18,000 VND

Reference Price List for Northern Inter-Provincial Transportation:

Vehicle Type Under 100 km (price/ km) Over 100 km (price/ km) Waiting Surcharge
0.5 ton Truck 12,000 VND 10,000 VND 50,000 VND/ hour
1.25 ton Truck 14,000 VND 12,000 VND 50,000 VND/ hour
1.5 ton Truck 15,000 VND 14,000 VND 50,000 VND/ hour
2.5 ton Truck 17,000 VND 16,000 VND 50,000 VND/ hour

Workers loading goods onto a truckWorkers loading goods onto a truck

Notes When Hiring a Truck:

  • Request a detailed quote: Before using the service, ask the transport company to provide a detailed quote, including all possible fees.
  • Check the transportation contract: Read the transportation contract carefully, especially the terms and conditions regarding the responsibilities of both parties, payment methods, cargo insurance…
  • Choose a reputable transportation company: Prioritize choosing reputable, experienced transportation companies to ensure the safety of goods and transparency in how rates are calculated.

Conclusion: Understanding how trucking rates are calculated will help you accurately estimate shipping costs and choose the right service for your needs. Contact reputable transportation companies for specific advice and quotes.

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