Tag Archives: freight

General Motor Freight Trucking Business Plan


General Motor Freight Trucking Business Plan


Timely Trucking is a new medium to long-haul dry van trucking company based in Portland, Oregon. It was started by Jim Kerrigan, an entrepreneur who has been around for many years. Timely Trucking will provide logistics management and freight hauling services to businesses throughout the Pacific Northwest. The business will develop a reputation for its on-time and accurate service as well as sophisticated Web and software functionality, allowing clients to align their business with Timely Trucking’s services and scheduling automatically. Jim Kerrigan will manage the business as CEO and Chief Operating Officer.

Timely Trucking may be started for approximately $700,000. The investment of Jim Kerrigan as well as some investment by investors partners is significant. Three 18-wheeler trucks will be used to launch the business. The company will then expand to eight 18-wheeler trucks by the end its third year. Auto loans will be used to finance this expansion. As the business grows, gross margins of around 60% will allow for substantial profit by the third-year.

Beyond three years, the business will seek to expand to additional bases of operation in the Northwest and to add trucks with refrigerated and temperature-controlled trailers. The business is available for sale to a national freight hauling service looking to expand or add operations in the Northwest.

Objectives

Timely Trucking intends to serve businesses in the Northwest United States (Washington, Oregon, Idaho, Montana, and Wyoming) with truck-based distribution services.

Timely Trucking will strive to achieve the following goals during its first three years of operation:

  • You can set up bases in Seattle Spokane, Portland and Cheyenne.
  • 8 18-wheeler trucks purchased with dry van trailers
  • Hire 10 full-time truck drivers
  • You can achieve strong annual revenue with 1.2 Million Miles of hauling in the 3rd year

Mission

Timely Trucking can simplify the distribution and delivery of goods to Northwestern companies, making them a trusted partner in running their business efficiently and effectively. Timely Trucking will manage logistics and deliver goods on time and accurately from the Northwest. It also partners with warehouses and distribution centers to help them achieve their goals.

Keys to Success

These are the keys of success in the trucking business:

  1. Robust communication systems between drivers, bases, and clients
  2. It is important to set delivery times that can be fulfilled (i.e. Setting the right expectations
  3. Safe, reliable drivers are important to find and keep.
  4. Understanding the needs of clients and finding the best distribution solution for them to build long-lasting relationships is key.


Freight Brokerage Business Plan


Freight Brokerage Business Plan


Silicon Freight Brokers is a specialty freight broker service based in Hood River, OR. Steve Tookarefol has established the company as an Oregon C Corporation. SFB&#8217’s mission is to become the most trusted silicon chip freight broker by increasing their client base of 20% each year.


Freight brokers and Silicon Chips

The freight broker industry is the middle man of the shipping industry. They are also known to be third party transport providers. Freight brokers link customers and trucking companies to provide a service. Because there are so many shippers in this country offering thousands of services, freight brokers are vital to the smooth movement of goods. It is easy to locate a shipper with freight brokers.

The silicon chip sector is a growing market that has helped fuel the Internet boom of late 1990s. Silicon chips are at the heart of all kinds computers. They also power hand-held devices such as cell phones and PDAs.

SFB will focus on the shipment of silicon chip cargo and will be a market leader in general freight brokerage. Silicon chips require special attention because they are a unique cargo. The temperature and humidity requirements of silicon chips are very specific. There are also other requirements that silicon chip manufacturers must adhere to. SFB can quickly grow market share by focusing exclusively on silicon chips. It will be known as the best broker for chips.

The industry of chips is comprised of two distinct customers, manufacturers of chips and purchasers of chips. Although the manufacturers are located in the USA, some produce in the USA while others outsource production to overseas countries and then import them. Customers of chip products include Motorola, IBM and Intel.


Management

SFB’s management team includes Wendy Tookarefol (seasoned) and Steve Tookarefol (seasoned). Steve has more then 10 years of freight experience and has worked with several companies. Steve has used his work experience to help him accurately identify the market and fulfill it. SFB combines Steve&#8217’s deep trucking/ freight brokerage experience and insight with his spouse&#8217s expertise in the silicon-chip industry. Wendy has been a consultant in the industry for seven years and worked closely with companies such Intel.

SFB&#8217’s solid business plan is predicted to be profitable by month six. SFB will continue to be laser-focused on its market niche while fully utilizing the strong management team.

1.1 Objectives

Silicon Freight Brokers goals from the initial three years of operation are:

  • To create a service-based corporation whose main goal is to continuously exceed the customer’s expectations.
  • Silicon Freight Brokers are used in at least four of Silicon Industry Journal’s top 10 silicon chip manufacturers.
  • To increase our number served clients by 20% per annum through superior performance, word of mouth referrals, and superior performance.
  • To develop a sustainable, profitable, start-up business.

1.2 Mission

Silicon Freight Brokers’ mission is to deliver the best possible shipping experience for customers. We exist to acquire and retain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.


General Freight Trucking Business Plan


General Freight Trucking Business Plan


Opportunity

Problem

The USA has seen its prosperity grow with large cities covering miles of country. The cities require food and supplies. Long-haul truck transport is the most efficient and fastest way to get food to people before it spoils.

Solution

Mike&#8217’s Trucking Service, which is located in Dallas TX, is a trucking firm that aims at becoming one of America’s largest trucking companies. Mike&#8217’s initially plans to focus on the restaurant industry but will eventually expand its services to other industries. Mike&#8217’s chose the trucking industry because of its stable growth prospects and dominance in the freight industry.

Market

Mike&#8217s will utilize three distinct marketing strategies to generate new customers and raise awareness of the company. Promotions are the first strategy. This will focus on press releases and advertising using various different media. The second area of effort will be the application of incentives. The incentives will be offered to existing customers. The final effort to reach customers will be through social media.

Mike&#8217’s Trucking Service is customer-oriented and aims to be the best trucking company in the USA. Profitability is predicted to be achieved in month three. Mike&#8217s projects conservatively sales of $100,000 for year 1 and $400,000 for years 3

Competiton

Although there are large players in all segments of the commercial trucking market, it remains fragmented. A Google search for Dallas trucking revealed that there are many companies offering different types of trucking services. Mike&#8217’s Trucking is competing in the same market as other companies with similar truck fleets, and also targeting the food sector.

Market research has shown that customers in this industry are price sensitive. They value fast delivery, special handling capabilities and less-than-truckload deliveries. The buying decision is strongly influenced by customer referrals and the carrier’s reputation.

Why Us

Mike’s Trucking is able to let you a truck at any size that you need for your project. We will offer this service to the entire Dallas region and hope to expand within the first fiveyears.

Expectations

Forecast

The company raises $165,000 to fund equipment purchases to satisfy growing demand. Management believes that an increase in truck fleets will allow the company to expand its market offer and increase sales.

Financial Highlights Year-by-Year

You will need financing

We will be raising $165,000. We will invest $105,000 in cash and $40,000 in equipment.