3 Top Tips on How to Cut Your Company Trucking Costs

Written By Alla Levin
January 12, 2022
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3 Top Tips on How to Cut Company Trucking Costs

In order to transport your bulk products across the country, you will no doubt have a number of trucks at your disposal. Trucking is an efficient and effective way to ensure that your goods get delivered on time, every time.

If you want to improve the way in which you transport your goods, your first port of call should be to lower your expenses in this instance. By cutting your trucking costs, you will have more money to invest back into the ongoing growth and development of your overall fleet operation. To find three top tips on how to reduce your company trucking costs, be sure to read on:

Fit safety devices

Fitting safety devices into your trucks will aid your drivers in their attempt to avoid road collisions. The more road-based dangers that they steer clear of, the less damage your trucks will incur. Ultimately, this means that you won’t have to spend as much money on maintaining, repairing, and replacing your vehicles in the future.

There are plenty of top tech tools capable of increasing your driver safety levels, one of the very best being the Mobileye lane detection system. This tech solution will provide your drivers with crucial assistance when it comes to spotting blindspot dangers, being aware of the hazards that surround them, and maintaining lane concentration.

Educate your truckershow to cut company trucking costs

The way in which your drivers handle your trucks will have a profound effect on the cost of your trucking operation. In order to ensure that your workers play an active role in the reduction of your expenses in this instance, it’s recommended that you go above and beyond to educate them.

By training your drivers and teaching them best trucking practices, they will be far more likely to drive in a safe and contained manner. Not only will this increase the likelihood of them avoiding road-based collisions, but it will also cut down on the amount of wear-and-tear damage that they cause to your trucks.

For advice on how to effectively educate your employees, check out this insightful article on the matter.

How to cut company trucking costs: track your spending

Tracking the amount of money that you spend on your trucking operation is highly recommended. By performing this all-important task, you will have the capacity to pinpoint where, when, and how you are blowing your fleet budget. With this key information and data at hand, you will then be afforded the opportunity to make cost-effective changes to your operation going forward.

There are a number of truck expenditures that you should consider when you decide to track your spending, eight of which include:

Internal repair services (with regard to both labor and parts)

  1. Fuel prices
  2. Overhead markups
  3. Equipment rentals
  4. Wear and tear/depreciation
  5. Vendor charges
  6. Vehicle rentals
  7. Recurring expenses (insurance, road tax, etc.)

Want to slash your trucking costs and, in turn, have more money to invest back into the scalability of your fleet operation? If so, be sure to put the above advice into practice.

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