There’s a lot of potential in the haulage industry, now arguably more than ever. In this increasingly globalised world, goods have to be transported with even more frequency. It’s not hard to see why so many people are curious about setting up their own haulage company. But of course, if you’re going to do this then you’ll need to know something pretty important: competition can be tough! While there’s a lot of potential to build a successful haulage industry, the truth is that it’s also more than possible to fail. In this blog, we’ll take a look at a few essential tips that’ll put you on the right path.
Find Your Niche
There are many different kinds of haulage companies that you could run. It’s all about figuring out your specialty, and then carving out your own little corner of that niche. While it can be appealing to start a “general hauling” business, it usually isn’t the best option when it comes to long-term success, because the entry barrier is so low (so there are many competitors). It’s hard to have a unique selling point when you’re so general, too. Instead, focus on taking the specialist approach. If you’re the go-to option when it comes to a specific product, then you’ll find it easy to find success.
The Right Operational Systems
Hauling is about a lot more than just taking something from point A to point B. It has to be on schedule, and in a cost-effective way. These days, there’s plenty of software that’ll allow you to run a tight ship, including figuring out the best route, and how to get there at the best price. When it comes to your operations, don’t leave anything up to chance: put the responsibility in the hands of the most advanced software around.
Of course, while we’re talking about having the right systems in place, there’s no denying that your vehicles will be the most important component of your operations, along with your driver. So it’s recommended that you think about your vehicles, and aim to get the ones that are right for your business. This includes thinking about the size and functionality, but also about longevity. You’ll need to work with a brand that has a future; if something goes wrong, then you’ll be able to get help, rather than having to get a new fleet. Take a look into the future: what will the Luton Van industry look like in 10 years? You might just find that it’s the right manufacturer for your operations.
Minimise The Empty Miles
Since the cost of running your vehicles can be expensive, it’s important that you’re minimising the number of empty miles; that is, how far they’re travelling with no load (which means no pay). There are nearly always ways to at least get some money for your dead miles. For instance, you can look at partnering with other haulage companies, who might have something to send in the direction you’re going.