Some of you may already be thinking about how artificial intelligence will impact the dispatching model which is based on search functionality mostly. Am I right? A person looks on the load board, finds a load, looks for a truck to place it with. In the not-so-distant future, the synergy between technology and the trucking […]
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Starting a car hauler fleet company is a significant decision for any potential investor, with the choice between a fleet based on heavy-duty Dodge Ram pickup trucks with Dually type configurations and semi-truck-based fleets presenting unique opportunities and challenges. Which do you choose? This article aims to examine the pros and cons of each option,
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My Top 3 things or categories for truck maintenance is what this article is about. As an investor in the trucking industry (or thinking about getting into it), you should have a good idea of your preventative and scheduled maintenance costs should be for budgeting purposes. Investing in the trucking industry presents a unique opportunity
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Trucking Industry sees growth for 2024 Industry Outlook and Trends Freight Volumes and Rates: The trucking industry is expected to experience a resurgence in freight volumes in 2024, following a slight increase in early 2023. This growth will benefit freight carriers but may add pressure on the industry to enhance efficiency through technology. Simultaneously, freight
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Why invest in trucking? As we head into 2024, the trucking industry, particularly the car hauling segment, stands as a lucrative investment opportunity with strong growth potential, driven by market dynamics, technological innovation, and evolving consumer behaviors “Why invest in trucking?” Let’s delve into this sector’s potential and evaluate how it could fit into your
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For more informational videos on starting and managing a successful trucking company, subscribe to my YouTube Channel. @truckingbiz5360
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“Financing options for starting a trucking company” As you may suspect, starting a trucking company can be a lucrative business opportunity, but the financing options for starting a trucking company, are a bit dicier. A trucking company, requires substantial upfront capital for purchasing or leasing trucks, equipment, and covering operating expenses. Fortunately, there are various
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A truck route is a predetermined path used by trucking companies to deliver goods to various customers. Buying a truck route can be a profitable investment, offering steady income, predictable schedules, and lower operational costs. In this article, we will discuss how to buy a truck route, the benefits of buying a truck route, what
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As the logistics industry experiences rapid growth, private investors venturing into the trucking sector are confronted with a unique set of challenges, commonly referred to as “good problems.” These challenges, primarily related to employee and staffing issues, must be effectively navigated to ensure continued success. This essay will explore the primary “good problems” and offer
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Traditional MC and DOT Authorities vs. Innovative Master Carrier LeasingAs the logistics industry continues to evolve, private investors looking for opportunities in trucking must weigh their options carefully. One major decision is whether to set up a traditional trucking company with its own Motor Carrier (MC) and Department of Transportation (DOT) authority or opt for
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