It would not be unfair to say that the trucking industry is the lifeblood of the American economy. According to American Trucking Associations, the industry transported 72.5% of all freight in the United States, some 11.84 billion tons in 2019, making the trucking industry worth $791.7 billion. Despite rapidly changing technology and times, modern businesses continue to depend on the trucking industry to move the bulk of their goods. A quick look at some of the main benefits of partnering with a trucking company:
For a business to build its capacity to ship its goods to the various markets it serves, it can take a massive effort. You will need to buy the trucks, arrange for parking, incur the cost of maintenance, and hire drivers. If you take out loans to buy them, you may find the repayments difficult, and you could end up upside down with the loan component more than what the trucks are worth. Building, operating, and maintaining a fleet of trucks is not feasible for most businesses, especially when the demand fluctuates. By working with a logistics partner like ShipEX Logistics trucking company, you can eliminate all these efforts and costs since it is the responsibility of the trucking company to cater to your demand. You can expect to achieve significantly greater cost-efficiency that permits your business to grow faster.
If you intend to have your fleet of trucks, you will need a dedicated department to oversee the operations, plan routes, arrange warehousing, etc. It entails more effort and cost. However, when you hire a trucking company, you can benefit from their streamlined processes and expertise in logistics. These companies are equipped to deal with and comply with the various rules and regulations and attend to the documentation associated with cross-border shipments. Outsourcing the logistics to a third party will save your business a lot of time, and you have the assurance that your goods will reach their destination on time and without suffering damage.
Scalability & Expansion
When you are constantly trying to expand your business into new markets, you will be up with the steep competition. In such a scenario, when you have no idea of the extent of success you are going to achieve, you will not want to invest time and effort in building your own logistics infrastructure. You can, instead, get a valuable competitive edge by working with an experienced logistics services provider since they will be familiar with the ground realities and can provide you greater flexibility and scalability, especially in an evolving market. You can get logistics to support only to the extent you need, and that too at short notice.
Like many other business sectors, the logistics industry also uses a lot of technology, especially for tracking and monitoring cargo visibility. An established logistics and trucking company can give you access to the latest tracking technology for superior customer satisfaction. You will also be able to benefit from the latest in warehousing technology and artificial intelligence applications these companies typically use.