These are a list of common trucking industry businesses found, and operating.  These include service providers and product providers.  These are common businesses that we use on a daily, weekly timeline within our industry.

  1.  Factoring Companies-  These provide funding for invoiced freight bills, issued by the carrier typically.  They can be used for brokers as well.  Typical costs are 3-5% for 30 days net invoices.  Bills can be factored for net 60, net 90, net 120, as long as the customer financials support such terms on their bills through their D&B credit reporting file.
  2. Comchek Tchek- are financial companies that typically provide, payment options that are instantly and considered as a cashier check, they also provide fuel funding source that gives discounts through the service provider network.
  3. Truckstops-  These are the fuel, food, and on the road needs supporting the driver and truck.  They typically house restaurants, general store, showers, bathroom facilities, and can supply rooms for rent, parking, and hook up services that support environmental causes in the area.  These are safe zones, along a route, and allow driver to operate as comfortable and convenience away from home.  Common Brands are the TA, Petro, Pilot, Love’s in no particular order.
  4. Satellite Radio-  These are non stop Radio over satellite systems of our planet, these became popular by utilizing the trucking operators a means of Radio station style programming to each truck with non stop continuous sound.  They are more of a disturbance in my eyes, but with the distinct function and lack of disturbance of programming make these systems ideal over the traditional AM/FM stations that must be constantly changed.
  5. CB Radios-  These are the original communication amongst the drivers, to things needing attention, things coming, warnings, and driver to driver ops.  They will never fully leave the trucking industry due to the usefulness and dependability of a great radio.  Brands include Cobra, Uniden, Midland, Cobra being the primary desired.
  6. Repair facilities- These shops that specialize in the trucking industry needs from service calls for breakdowns, to repairs to the machines that maximize the productivity of the work.
  7. Road side Assistance-  These providers provide roadside repairs, and help keep the trucks operating to safety or allow the truck to operate to a safer location away from the roadway.  These include tire services or breakdown repair, to towing, and accident recovery and safety.
  8. Apps and Technology-  From the Websites like this one, to the electronic apps typically found for trip planning to driver logbook electronic requirements, these systems help organize function and simplify the business needs and wants of an industry.  These do include websites, such as Internet Truckstop, DAT, 123 Loadboard, amongst others to assist in changing the way trucking operations find and move more freight efficiently, from the old phone book, phone, and faxing system.  Email has helped this as well.
  9. IFTA/Reporting Services-  These are the privatized support network for assisting offices with their mileage reporting for taxing and fuel tax purposes, through safety audits.  They handle the things Carriers may not be able to handle alone.
  10. Dispatching Services- These providers give a sales force to a carrier, whether he is 1 truck or 90 trucks. These guys specialize in bringing freight to their customer the carrier at the highest rates, to maximize their typical freight fee ranging from 5-12% of gross to carrier.  They typically handle billing, collections, dispatching, customer updates, and booking.
  11. Broker-  They are the middle men of the industry, booking freight with a shipper, selling the load to the carrier, and earning the difference in fees billed to shippers and booked with carriers.  Contracts typically block the Carrier from back selling the customer for an explicit period of time of 1-3 yrs from the last load booked with broker, somewhat protecting the broker’s interest and income.   CHRobinson is the largest Broker, Carriers can also be a Broker with these multiple available streams of income to the corporate Carrier.
  12. Recruiter- These typically independent providers, are paid typically upfront at first load completion per driver, and then a flat fee monthly for a period of time the driver is employed or contracted with the carrier.
  13. Training – Driver and operations typically these operations are also service providers, like JJkeller, Smith Systems, ect.  They help train the fleet, and help management keep up with Regulations that are constantly changing
  14. Equipment manufacturers- These include, Great Dane Trailer, Peterbilt, Freightliner, ZacLift, and range from Truck manufacturers, trailer manufacturers, Parts manufacturers, to Accessories, and product lines.
  15. Dealers- these are the salesmen who sell to the industry, including Manufacturer Dealers, to used equipment and gear.  They sell to the industry, via direct manufacturing contracts that supply them with the contracted inventory truckers need.
  16. Driving Schools- Training centers of the industry drivers.  The melting pot where the starting drivers learn theory before practice, giving a ideal way to learn and provide basic competence for the new guys who have no prior knowledge.

 

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