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General Motor Freight Trucking Business Plan

3 mars 2023 Businnes Plan


General Motor Freight Trucking Business Plan


Timely Trucking, a new medium and long-haul dry van transport business, was founded in Portland, Oregon by Jim Kerrigan. Timely Trucking will serve businesses in the Pacific Northwest (eventually expanding to include Washington, Oregon, Idaho, Montana, and Wyoming) with freight hauling and logistics management services. Timely Trucking will be known for providing timely and accurate service, as well as sophisticated Web- and software functionality that allows clients to automatically align their business with Timely Trucking’s services and schedules. Jim Kerrigan (CEO) and a Chief Operation Officer will manage the company.

Timely Trucking can easily be launched with an investment of Jim Kerrigan or some investment by other investors. The business will begin with three 18-wheeler truck trucks. By the end of its third-year, it will expand to include eight 18wheeler trucks. Auto loans will 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 company will be available for sale by a national freight-hauling business looking to expand in or add operations to 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.

Over the first three years of operations, Timely Trucking will seek to meet the following objectives:

  • Establish bases in Seattle and Spokane as well Portland, Cheyenne, Boise and Billings
  • 8 18-wheeler trucks equipped with dry van trailers
  • Hire 10 full-time truck drivers
  • Strong revenue growth based upon 1.2 million miles of hauling during the third year

Mission

Timely Trucking will simplify distribution of goods for Northwestern businesses, becoming their partner in operating efficiently and reliably. Timely Trucking uses logistics management and on-time, precise deliveries from destination to destination in Northwest to achieve its goals.

Keys to Success

These are the keys that will make you a success in the trucking sector:

  1. Robust communication between clients and bases is possible through robust systems
  2. Setting delivery schedules that can be met (i.e. Setting the right expectations
  3. Safe, reliable drivers are important to find and keep.
  4. Understanding the goals of clients, and helping them choose the right distribution method to establish long-term relationships


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