Large or small, running a shipping company is a challenging venture right now. Costs are high -and often uncertain – and there’s a lot that can potentially go wrong on any given load. Yet ground shipments are what power the American economy. And the country needs a vast network of shipping companies that can ensure goods move where they need to go and on time.
Staying profitable in shipping right now means looking for any possible opportunity to cut costs. Here are some ways you can do it.
When times are good, there’s room to expand a shipping company’s range of services. When times are uncertain, it’s best to focus on what you do best and let outsourced professionals handle the rest. Most of the time, outsourcing is invisible to your end customers anyway. Whether the computer network running your system is in-house, or part of a hired cloud network, they get the same service either way.
Fuel is always going to be among the most expensive line items in any shipping company’s budget, so even relatively minor optimizations can result in significant cost savings.
It might be tempting to try to “save” money by delaying repairs, but it will hurt you in the long run. A little spent on maintenance today could mean a lot saved by preventing major issues or breakdowns that delay loads.
Heavy-duty trucks are built to last. Used Kenworth trucks hold their value, and can perform for up to a million miles without needing a major overhaul. Buying trucks that are 2-4 years old can cut your costs in half, without cutting performance in half.
And for the best in used Kenworth trucks, come to Coopersburg & Liberty Kenworth!