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That’s a lot of freight! But we shouldn’t be surprised. The movement of freight around the world is a big deal. The trucking industry is a big deal. We wouldn’t have the smooth movement of commerce that we currently do without it. And yet, the trucking industry and trucking companies are separate from freight brokers, … Read more
Logistics costs make up a huge part of many trucking companies’ total operating expenses. These costs can often represent 10% or more of total overhead costs. Yet, few fleets can say for sure their shipping-related expenses are competitive and market-appropriate when compared to other trucking companies that operate in their industry or who utilize similar … Read more
Welcome to the final article in our series looking at fleet utilization. In our first two articles, we took an in-depth look at the different metrics and methods fleets should use to figure out their proper fleet utilization. Today, we will take a deep dive into the different ways fleets can conduct a fleet utilization … Read more
Welcome back to Part II of our in-depth look at fleet utilization. Today, we will have a closer look at the basic information belonging to the quantity class, owners’ locations, and basic attributes. We talked about vehicle quantity in our last post, but it is not as straightforward as it may seem. Let’s dive right … Read more
Running a fleet of vehicles is one of the largest overhead costs for many businesses. Vehicles require both time and money – they must be serviced and maintained regularly and managed effectively. And then there are the drivers, who need license checks, risk assessments and training, as well as a host of other administration tasks … Read more
Having a right-sized fleet should be a top concern for any trucking company, large or small. Whether you are a small last-mile delivery company with 12 vans or a large government, utility, or commercial enterprise with thousands of trucks, understanding and managing fleet utilization should be a top-of-mind thing that is at the core of … Read more
Can you believe the first quarter of 2022 is already almost over? Wow, what a year it has been already. We came out of a global pandemic and into a supply chain crunch and land war in Europe. Can we catch a break? That’s why smart fleet managers pay close attention to the latest in … Read more
Not every trucking company experiences high turnover. But why is that? According to the American Trucking Associations (ATA) show small truckload fleet turnover has consistently hovered anywhere from 70% to 80% over the last several years. But not every fleet sees these kind of attrition numbers. Let’s have a look at why that is. What … Read more
Owning your own business is the ultimate realization of the American Dream and provides an incredible sense of accomplishment. And if you aren’t an owner-operator, maybe you run a trucking company. This too is something to be proud of. However, managing a company and ensuring you make a profit isn’t always easy. Have you considered … Read more
What is shipping visibility and why is it important? It’s more than just a fancy industry term. Shipping visibility technology companies are making a big push for increased transparency. And in today’s supply chain, transparency is more important than ever. The question is, how does shipping visibility impact trucking companies? Visibility solutions are evolving from … Read more