Billable delay multiplied by hourly cost.
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Wait Time Cost Calculator
Put a dollar value on dock time using driver time and truck overhead.
Use this whenUse it to decide whether the detention rate actually covers the cost of a slow dock.
Dock-time cost
Estimate what unpaid wait time costs the truck.
Wait time beyond the free window.
Driver time plus truck overhead.
Time cost
Unpaid wait time has two costs.
(wait hours - free hours) x (driver value + truck overhead)Driver time and truck overhead should both be visible when comparing detention terms.
Negotiation note
A cheap detention rate can hide a bad receiver.
If a facility regularly holds trucks, use the wait-time cost before quoting the next load.