The logistics industry is a broad term that encompasses many areas of business. It can be described as the transportation and management of goods and the planning and execution of complex operations. It’s a billion-dollar industry that is growing fast, thanks to the ever-increasing demand for goods and services.
The trucking segment is a big part of the logistics industry. It’s one of the most critical segments since trucks are often the backbone of supply chains. If you’re planning to start a trucking company, there are some essential pieces of equipment you’ll need. Here are five of them:
Trucks
Trucks will be an essential piece of equipment for your trucking company. Without trucks, you won’t be able to transport goods or execute operations.
The average cost of trucks varies depending on the type and size of the truck you need. You can expect to pay anywhere from $20,000 to $100,000 for a new truck. If you’re looking for used trucks, you can expect to spend less, but the cost will still vary depending on the age and condition of the truck.
If you want the best trucks for your business, you can never go wrong with the Volvo VNL 780, Kenworth T680, and the Peterbilt 579.
Volvo VNL 780
The Volvo VNL 780 is a top-of-the-line truck that offers superior performance and comfort. It’s one of the most popular trucks on the market and perfect for long-haul operations.
Kenworth T680
The Kenworth T680 is another excellent choice for a long-haul truck. It’s equipped with state-of-the-art features and provides a smooth ride.
Peterbilt 579
The Peterbilt 579 is an excellent option if you’re looking for a versatile truck. It can be used for long hauls or short runs, making it a versatile choice for your business. They’re relatively cheap, too, if you compare them to the rest.
Trailers
In addition to trucks, you’ll also need trailers to transport goods. The type and size of trailers you need will depend on the type of goods you’ll be transporting.
For example, if you’re transporting dry goods, you’ll need a dry van trailer. These trailers are typically made of aluminum or steel and have walls to keep the goods from shifting during transport. Dry van trailers come in various sizes, so you can choose one that can accommodate the number of goods you need to transport.
If you’re transporting refrigerated goods, you’ll need a reefer trailer. These trailers have temperature-controlled units that keep the inside of the trailer at a specific temperature. It’s essential to have them keep perishable items fresh during transit. However, reefer trailers are more expensive than dry van trailers, so they may not be an option if you’re on a tight budget.
Warehouse
If you plan on storing goods, you’ll need a warehouse. The cost of a warehouse will depend on the size and location. You can expect to pay $7 per square foot for a warehouse.
The size of the warehouse you need will depend on the number of goods you need to store. It’s essential to have enough space to store your goods safely and securely.
Fleet Management System
A fleet management system (FMS) is software that helps you track and manage your fleet. It lets you see where your trucks are, what they’re doing, and how they’re performing.
FMS systems come in a variety of shapes and sizes. Some are simple and only track the location of your trucks, while others are more complex and offer a range of features, such as maintenance scheduling and driver management.
One good maintenance system you can add can keep an eye out for your truck’s tire health. A truck tire management system can drastically increase your company’s productivity. It can also decrease the chances of accidents and breakdowns, saving you time and money in the long run.
Insurance
Trucking is a risky business, so it’s essential to have insurance to protect yourself from potential liabilities. The insurance cost will depend on the type of coverage you need and the size of your fleet.
You should always ensure you’re adequately insured before starting your trucking business. You don’t want to be caught off guard if something goes wrong.
An essential insurance policy you should get is liability insurance. It will protect you if your truck causes property damage or injures someone.
You may also want to consider getting an uninsured/underinsured motorist policy. This will protect you if you’re involved in an accident with a driver who doesn’t have insurance or doesn’t have enough insurance to cover the damages.
The best way to find affordable insurance is to compare quotes from different providers. Then, ensure you’re getting the coverage you need at a price you can afford.
When it comes to trucking, there are a lot of things you need to consider. But if you’re prepared and have the right equipment, you’ll be on your way to success. These are just a few of the essential equipment you’ll need for your trucking business. With the proper preparation, you can ensure your business will run smoothly.
