THE TRUCKING INDUSTRY AN OVERVIEW BY BILL BANNON, CFO BESTWAY SYSTEMS, INC.

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Presentation transcript:

THE TRUCKING INDUSTRY AN OVERVIEW BY BILL BANNON, CFO BESTWAY SYSTEMS, INC.

OVERVIEW 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.

EXECUTION Driver Tractor Trailer Fuel Authority License(s) Insurance Permits Money

GOVERNMENT INTERVENTION AND REGULATION EPA DOT Hours of Service Logging Requirements Equipment

METRICS Rate per Mile Cost per Mile Revenue per Tractor Tractor Utilization Trailer Utilization Driver Productivity Tractor/Trailer Ratio Lane Density Dead Head/Empty Miles Out of Route Miles MEASUREMENT OF EFFICIENCY, UTILIZATION, AND PROFITABILITY OPTIMIZATION

MAINTENANCE/ FUEL EFFICIENCY Preventative Equipment Maintenance MPG Fuel Purchasing Fuel Tax Key to keeping maintenance low and efficiency high: Effective rolling of equipment life and financing

TECHNOLOGY Hardware Software (Systems) Communications GPS Load Tracking Fuel Purchasing Optimization Load Optimization

TRADE 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

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