cmc
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Everything posted by cmc
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Another strategy is to negotiate with repair shops. Sometimes you can get a discount or a payment plan if you explain your situation. Building a good relationship with a reliable mechanic can also lead to better deals and advice on prioritizing repairs.
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Integrating accounting software with fleet management systems
cmc posted a topic in Tools & Software
How crucial is it to integrate accounting software with other trucking systems like GPS tracking, fuel management, and maintenance tracking? -
How do trucking companies handle freight bills and factoring?
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Key Performance Indicators (KPIs) for trucking companies
cmc replied to alexj's question in Ask a Question
One big KPI is cost per mile. It tells you how much it costs to run your truck per mile, including fuel, maintenance, driver pay, and other expenses. Keeping this low is crucial for staying profitable. -
Don’t forget about property and sales taxes. States have different rules about what types of equipment and property are taxable. For example, some states might offer tax exemptions on certain trucking equipment, while others don’t. This can impact your overall tax burden significantly, depending on where your company is based and where you operate.
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Different types of insurance for trucking companies
cmc replied to Sever3's topic in General Discussions
Yeah, and then there's Physical Damage Insurance. This one takes care of repairs or replacing your truck if it gets wrecked, catches fire, gets stolen, or whatever. Trucks are expensive, so you definitely want this to protect your investment. -
I’d recommend looking into the Transportation Management Certificate offered by various universities and online platforms. It provides a comprehensive overview of logistics management, fleet operations, and supply chain principles. Another good one is the Transportation Intermediaries Association (TIA) Certified Broker program, which gives you insight into the brokerage side of things and can be quite beneficial if you handle freight brokering as part of your job.
