THE TRUCKING INDUSTRYTHE TRUCKING INDUSTRY
AN OVERVIEWAN OVERVIEWBY BILL BANNON, CFOBY BILL BANNON, CFO
BESTWAY SYSTEMS, INC.BESTWAY SYSTEMS, INC.
OVERVIEWOVERVIEW
Truckload carriers, in the simplest sense, pick up a full truckload of freight from point
A and deliver it to point B.
Simple in explanation, but complex in execution.
EXECUTIONEXECUTION
DriverTractorTrailerFuel
AuthorityLicense(s)InsurancePermits
Money
GOVERNMENTGOVERNMENT
INTERVENTION AND REGULATION
EPADOT
Hours of ServiceLogging RequirementsEquipment
METRICSMETRICS
Rate per MileCost per MileRevenue per TractorTractor UtilizationTrailer Utilization
Driver ProductivityTractor/Trailer RatioLane DensityDead Head/Empty MilesOut of Route Miles
MEASUREMENT OF EFFICIENCY, UTILIZATION, AND PROFITABILITY
OPTIMIZATION
MAINTENANCE/MAINTENANCE/FUEL EFFICIENCYFUEL EFFICIENCY
Preventative Equipment MaintenanceMPGFuel PurchasingFuel TaxKey to keeping maintenance low and efficiency high: Effective rolling of equipment life and financing
TECHNOLOGYTECHNOLOGY
HardwareSoftware (Systems)Communications
GPS
Load TrackingFuel Purchasing OptimizationLoad Optimization
TRADE NAMESTRADE NAMES• Innovative Computing
Corp. (ICC)• TMW• Qualcomm• Inter-Tax• Rand McNally• PC Miler• Smart Fuel
• Comdata• EFS• Pilot• TA• Flying J• Pegasus• Trip Pak On Line
