Take an in-depth look at the industry’s critical problems.
Trincon President Duff H. Swain has shared his expertise and opinions by authoring multiple white papers focusing on the challenges faced by the trucking, transportation, and shipping industries.
Register to download the complete version of our most recent white papers now. And get the insight you need about the issues you face.
Mergers and Acquisitions
Through the cried out eyes and opinion of one who has been to the Mountain, and has run from the scary animals that live there. By Jim Buchanan.
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Better Management Essential In Increased Truckload Profitability
When financial times are troubled, it becomes increasingly important to manage your business effectively and efficiently. This is especially true in capital-intense enterprises such as the truckload segment of the transportation industry. As the trucking industry has struggled through the process and aftermath of deregulation, it has become increasingly apparent that many companies are not managing their assets properly. The lack of effective marketing efforts and appropriate management techniques has allowed the trucking industry to become a buyer’s market.
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Overall Driver Effectiveness
Achieving a Highly Effective Workforce
Successful trucking companies are always looking for a solid way to measure revenue. Yet today, most measurement systems focus on asset utilization or production as measurements of revenue per mile. Most fleets measure time and mileage carefully, but few have a method of understanding the effective use of their workforce.
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How to Profit Under Hours of Service Rules
“…It is time for truckers to become good asset managers. For all practical purposes, the industry was reborn with the Motor Carrier Act of 1980 and is very young in many respects. That explains why asset management has not been a strong industry characteristic. The result has been an industry that has been victimized by its customers while its driver resources diminish. Now it is consolidating, yet we still hear the term ‘underutilized equipment’…”
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Driver Shortages and Trucking Fleets
A Recruiting/Training, Retention, Utilization Problem
“…The driver shortage affects the trucking industry and nation’s economic health. Today’s challenges will eventually force trucking executives to meet the need for professional, qualified and safe drivers. Trucking executives must be visionary and meet their demand for drivers by improving strategies now.…”
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Increased Truck Productivity: The Only Answer
Earning Our Way Out of a “Catch 22” Situation
“…The trucking industry is in a tight spot. Costs continue to rise amid a crisis in driver recruitment and retention. The industry understands that it must pay higher wages and improve the position and opportunity of the truck driver, but this will require a major investment. Where are the funds to come from in a field that has been averaging less than 5 percent return on investment for many years?”
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Driver Retention
Before They Can Sail, Companies Must Stop the Leaks
“…There’s a hole in our collective boat and we’re doing little more than bailing. The trucking industry continues to fight record turnover rates, leaving companies scrambling to cover lost productivity while they recruit and re-train new drivers as fast as they leave. For larger carriers, it has become a revolving door effect…”
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Utilization and Reinvestment Address Profitability Challenges
Carriers Can Increase Profits While Developing a Stronger Workforce
“…When it comes to the current state of the trucking industry, it may be tough to see the silver lining. The industry continues to consolidate yet many companies struggle to remain profitable. The driver shortage continues, truck costs continue to rise and fuel prices are not likely to drop substantially any time soon. Yet, an unprecedented level of success is within reach and we possess the means of accomplishing it…”
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A Purpose Driven Career
Establishing a Career Path that Gives Drivers Something to Work For
“Where does a job in the trucking industry that can potentially pay a high school graduate almost $60,000 annually lead? The answer is on a path to nowhere. The truck driver position has a turnover rate higher than the industry’s lowest paying job. There is a shortage of drivers looming over the industry and many fleet owners are scratching their heads as to why.”
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