Tips for Running a Successful Trucking Company
Logistics has gained significant momentum in recent years. Trucking businesses have become a powerful driver of developed economies worldwide. Studies show that over 70 percent of goods hauled in the United States are transported by trucks. Despite the effects of the COVID-19 pandemic, the trucking industry has recorded an accelerated growth.
While the trucking business is lucrative, it’s also highly competitive. There’s a distinct line between driving a truck and running a trucking business. Interestingly, you don’t necessarily need to know how to drive a truck to grow a successful trucking business. In this article, we explore some viable tips for running a successful trucking company.
Hire skilled automotive and diesel technicians.
Every business is as efficient as its employees: make no mistake. The most successful trucking companies prioritize hiring the best of the best to handle their operations. Hiring competent staff can significantly lower your turnover rate and give you an edge over the competition.
Thanks to technological advances in the vehicle manufacturing industry, there’s an increasing demand for certified automotive and diesel technicians. Nowadays, the engine systems of modern vehicles are equipped with sophisticated electronic and electrical systems. Your trucking company requires a diesel engine specialist with excellent repair skills to handle all repair work.
In addition to knowing how to handle a suspension system or heavy equipment, an ideal candidate must have an advanced education from a reputable educational institution.
By way of example, enrolling in an Automotive and Diesel Technology program allows technicians to acquire necessary technical skills and industry certification. An ideal diesel technology department in a higher institution offers a robust technical certificate program that prepares technicians and engineers for an ASE certification. In addition to theoretical knowledge, a good fit should have top-notch quantitative skills.
What’s more, if you don’t have an efficient HR department, consider outsourcing your recruitment process to a reputable recruitment company. Choose a recruitment company with experience serving businesses in the trucking industry.
Keep your entire operations organized and efficient.
Running a successful trucking company goes beyond hauling cargo loads. Having an organized office is critical to ensure the smooth running of your operations. Running a trucking business without a back-office can be frustrating, especially when you get overwhelmed with orders.
You should have an efficient dispatching and scheduling system for planning deliveries and assigning routes to drivers. Thanks to technology, truck business owners leverage business management solutions to run their back offices effectively. These innovative technologies enhance team collaboration, engagement, efficiency, and productivity.
Another way to boost productivity in your company is to encourage your staff to drink water. Hydrated employees deliver improved levels of engagement, energy, and productivity. With that in mind, make provisions for portable drinking in the office area. Place water bottles at strategic locations within the workplace.
If you don’t have access to potable water in your company, think about water services that adequately cover your water usage needs. Even if you don’t know any reputable water companies, by Googling “water service near me,” you’ll find some viable options nearby.
Have all the right equipment ready.
There’s no gainsaying that the right equipment can make a world of difference for your business. Keep in mind that the equipment you buy must be capable of meeting your business needs. If your industry niche is hauling perishable items, you’ll need to purchase vehicles with refrigerated compartments.
Before buying any equipment, think about the associated costs and how it impacts your business’ bottom line. It would be best if you decide between buying or leasing equipment. There’s no denying that outrightly buying a piece of equipment can be costly.
So, when buying trucks and gear, you must be up-to-date with trucking industry trends.
Choose equipment that meets consumer demand and the challenges facing the industry. Finally, ensure compliance with industry regulations and safety standards. You may want to create a culture of organizing routine safety training to ensure your employees keep up with safety protocols.