© 2021 Truck Writers. All corporate structures begin as C-Corporations. Have a solid business plan but want more? If you are starting trucking business – A Sole Proprietorship is the basic and simple form of a business organization and has no existence apart from the owner. but want more? With our TruckingOffice TMS, your truck business can save time, reduce paperwork,  increase revenue, and stay compliant with all federal regulations. When you get a load, you probably create some road map to get there. Sounds too good to be true, right? Keeping track of all the receipts, the BOLs, the records for time on the road, weight of the load… You didn’t want to be a trucker to track little pieces of paper! Is it paper? By liking us, you will be able to follow our blog on Facebook. Is it possible to keep up with all your own work while also getting your trucking business workers on the same page? With the advent of smartphones with cameras, these problems are being solved with technology. The reason is that trucking is by definition reliant on equipment. … In order to begin any official business in any state, the organizers of an L.L.C. by TruckingOffice | Maintenance, Organization, Trucking Management | 0 comments. We’ve got it. Mike’s has conservatively projected sales of $100,000 for year one and $400,000 for year three. A snap of the camera app on a smartphone and a signed BOL could be on its way to the shipper before you leave the dock to pick up your next load. When forming an LLC, many states will ask for the purpose of the LLC. All rights reserved.Powered by Forge3 ActiveAgency. Maybe you do a good job of tracking your miles – but if you’re running a business with hired drivers, are they? That’s what computers do best. We’ve talked about getting you, as an owner/operator, organized. The whole program, not just parts of it. For most owner operators, paperwork is the worst part of the job. Instead of paper routes, who isn’t using a mapping program on their phone (and figured out to avoid South Carolina on January 5-6?). One of the best examples of staying close to a client’s business was demonstrated to me by a trucking company CEO who, several times a year, would take a tractor-trailer on the road to pick up and deliver loads for the company’s key customers so he would have an insight into the freight and its specific loading and unloading requirements. :  All customer information is readily available to help you track those you want to haul for again. Each separate corporation must follow corporate formalities and act independently. How do you remember when you need get your brakes checked? Following due process involves hiring business a consultant to help us conduct SWOT analysis and prepare a trucking company marketing plan for our business. Trucking business organization is the difference between bankruptcy and success. That Bomb Cyclone was a disaster on I-95 this month that led to a 12 hour shutdown of the interstate and caused 4 to 6 hours worth of traffic jams the next day. Look at this job opportunity for a trucking company general manager at Road Train Express Inc. in Brampton, ON or search through thousands of other job postings on Job Bank, Canada's one-stop job board. The answer is “yes.”  Here’s how. When the roads are horrible and the drivers don’t know enough to stay off the roads, it’s a nightmare. :  Get paid faster with automatically generated invoices where all the records are secure in one place. What are your options? Your equipment is your life on the road. By creating separate subsidiaries to “silo” the divisions, then a holding company structure may isolate the activities of one division from another. You’ve got to control your business – keep it organized – so you’ll do just that. Required fields are marked *. More importantly, what traits make a good trucking company? :  Avoid costly repairs on the road with our system that tracks preventive maintenance. Sheila Verbrugge, 50, of Brandon, South Dakota, a former trucking-company employee who pleaded guilty in September to wire fraud, has been sentenced to three years in prison and ordered to pay back $577,577 to Blachowske Truck Line Inc. SIOUX FALLS, S.D. There are probably still drivers on the road who are fighting the 21st century of how to organize a trucking business. Financing is the lifeblood of any trucking company, more so than many other businesses. City, Province or Postal Advanced Search. With the ELD mandate, paper logbooks are now pretty much a thing of the past for long distance truckers. Whether it’s sending the BOL and invoice from your cab, or tracking the miles on your tires, or filing that IFTA in minutes instead of hours, a good trucking management program will make your job as an owner-operator or a fleet manager easier. Then that filing – hey, it’s due this month! But if you operate a small or large fleet, you have employees who also need to be organized. What do the great leaders do in order to create a good trucking company? We’d like to suggest that using the computer programs and smartphone apps will probably pay for themselves in the first month just by keeping you organized. Mike’s Trucking Service is a customer-centric organization looking to become one of the premier trucking companies in the USA. Step 2: Find Loads to Haul. The Best Legal Entity to Use for a Trucking Business; When it comes to choosing a legal entity for a business, it can sometimes be difficult to make a choice. Location. Once your trucking company has active authority we send you a Record Book with all the paperwork organized and ready to go. – takes another day’s worth of hours to get done and worry about getting it right. Written for truckers with truckers in mind, we’ve created a program that is simple to learn, easy to use, and you can try it for free. Here are a few ways our TMS can keep your employees organized. Apply to General Manager, Regional Sales Manager, Travel Manager and more! Generally, the articles of organization are filed with the Secretary … You'll find a few examples of an LLC Statement of Purpose. Three general methods of valuation are most commonly used to translate these quantitative and qualitative factors into a dollar value: Income Method: Buyers need to estimate the future cash flow that can be generated by a trucking company. Timely Trucking will attempt to rapidly achieve awareness in Oregon and Washington states about its business in the first year, followed with awareness in Idaho, Wyoming, and Montana in future years. Trying to keep up with all the required records for the government and getting my billing out and the money into my pocket took a lot more effort than I ever expected. Does a calendar work? Save my name, email, and website in this browser for the next time I comment. ATA is the voice of the industry America depends on most to move our nation’s freight. Search 54 General Manager Trucking Company jobs now available on Indeed.com, the world's largest job site. S-Corporations have many advantages over C-Corporations, such as: 1. Trucking business organization is the difference between bankruptcy and success. It takes hard work, devotion, motivation, and empathy. Your email address will not be published. But there’s a lot of paper still to be managed. Low or no State Tax (Minnesota has no S-Corps tax) 3. Huffman Trucking Infrastructure Assessment Huffman Trucking is first major freight carrier that has managed to grow tremendously over the past few years (Huffman Trucking, 2008).The company has 925 drivers, 425 support personnel, 800 road tractors, and 2100 trailers. We’re not going to say that all the road gators we see on the highways are from old tires that should have been replaced… but a lot of those tire problems on the road can be prevented with regular maintenance. So check us out to help your trucking business organization now. If you would like more information about how to properly structure your trucking business, please contact Truck Writers today. A mess of Google maps and spreadsheets to track your miles, your invoices and your payments? Besides the general business licensing requirements, trucking businesses face industry-specific tax, license and permit regulations, too. T R U C K L O A D T R A N S P O R T A T I … He/she also directs every transport activity within the company/organization, thereby monitoring its costs. Post Jobs Free. We can’t always predict the emergency, but we can prevent a lot of them with regular maintenance. In some circumstances, there will be real-world exceptions to the general concepts in this . In general, I'd say most healthy marriages share at least a few common characteristics: commitment, fidelity, emotional support/companionship, good communication, mutual respect, enjoying time spent together, sharing goals, and the ability to resolve disagreements in a healthy way. The classic method is the envelope. Jaroslav MatuÅ¡ka (* 2.11.1971 – † 4.9.2004) The founder of the firm and the first Chairman of the GENERAL TRUCKING, a.s. Directors, Jaroslav MatuÅ¡ka was born on November 11, 1971 in the village of Prestavlky in the county of Žiar nad Hronom. Never miss an IFTA deadline or be unprepared for DOT audits. There are a few truckers out there who, for whatever their reasons, aren’t keeping their trucks’ maintenance up. Here are some of the disadvantages of a S-Corporation: A mature corporation has several operating divisions and other appreciated assets owned by the corporation. Profitability is forecasted to occur at month three. What about a trying to remember to schedule something with your trusty mechanic back home – when you’re not sure when that might be. And then, does it track your miles per state or are you breaking that down yourself? Truck Writers is an independent insurance agency offering a comprehensive suite of insurance solutions to protect you from the unexpected. Keywords. Our one-minute load entry and invoice creator will pay for itself immediately with faster pays. Trucking business organization can be done easily on a smartphone. We recommend TruckingOffice trucking management software. 281 Trucking Company General Manager jobs available on Indeed.com. Should a claim be made against one division, all of the assets of the corporation could be levied to satisfy the creditor. YRC is recruiting drivers once again, a pleasant enough endeavor for a company struggling with layoffs as recently as 2009. Tracking your mileage has to be the most frustrating part of trucking business organization. Are you using a separate GPS system in your cab to get you where you need to be? Home » Proper Corporate Structure for Trucking Companies. Mike's Trucking plans to acquire the best equipment for the job. They will essentially act as the director to the concert that is your trucking company, taking orders here, sending shipments there and monitoring routes to maintain complete harmony. So, the most effective ways for a trucking company to be a reputable one is through honesty, trustworthy and customer orientation. How long do you go between oil changes? And we can help you prepare a trucking company business plan. Some 42 percent of trucking companies raised driver pay last year, according to the National Transportation Institute’s survey of more than 300 carriers—compared to the 11 percent of that offered raises in 2012. Check it out here with this. Authorize and organize the establishment of major departments and associated senior staff positions; Allocate material, human and financial resources to implement organizational policies and programs; Establish objectives for the organization and formulate or approve policies and programs; Establish financial and administrative controls; formulate and approve promotional campaigns; and approve … When the roads aren’t so bad but the drivers don’t know what they’re doing, a small snowstorm can be a real problem. However, this type of structure has downfalls, such as double taxation. Though it is wise to study the legal factors of each structure, industry experts generally agree the most favorable option for a trucking company is to file as a limited liability company (LLC). We’ve got it. Paper management is really data management. Don’t get caught in a bomb cyclone of paper and disorganization in your trucking business. Maintenance is tracked by either time or miles. The US Treasury is giving a $700 million loan to YRC Worldwide, a troubled trucking company that warned in May it was in danger of going out of business. The old way worked and they don’t care to update it. Together, the ATA Federation represents roughly 35,000 member companies before the legislative, regulatory, and judiciary branches of state and federal government. must let the local government of that state know that they plan to do business there. Keeping track of all the receipts, the BOLs, the records for time on the road, weight of the load… You didn’t want to be a trucker to track little pieces of paper! Search 55 trucking company general manager jobs in Canada from employers, recruiters and job sites. You’ll be surprised how easy we’ve made it to transition from the old way of doing things to today’s technology-based solutions. Tires? air freight; sea freight; trucking / cross border; customs brokerage; free zone / general warehouse; overseas offices; other businesses; job opportunity; contact us Your email address will not be published. Starting a Trucking Company – Licenses, Permits & Insurance. :  Assigning loads is more efficient with help from live GPS that knows where all drivers are at any time. The company's strategy is to consolidate its excellent customer and client service by making timely deliveries, hiring the best drivers, and having a competitive pricing structure. Is there anything more annoying than driving through South Carolina during a snowstorm? For additional information on the transition from a C-Corporation to an S-Corporation, please watch the recording of our webinar. We know that corporate structure can be very difficult to understand. S-Corps do not pay federal income tax 2. Unlike LLC’s, an S-corp can do tax-free stock swaps and issue ISO’s While experience in the trucking industry is significant, not all truck drivers will make good dispatchers. The purpose of a business is to make money. The organization offers various customers base and distribution capacity. Tuesday? ATA is a three-legged federation; consisting of 50 affiliated state trucking associations, industry-related conferences/councils, and the ATA professional staff. That stuff all contributes to a healthy relationship. How to Manage Your Trucking Business Software, How to Run a Successful Trucking Company—Part 9: Build a Website, Trucking Dispatch Software Makes Life on the Road Easy. As your business grows and you wish to go public, you can do so by converting to a “C” corporation. S-Corporations have many advantages over C-Corporations, such as: As always, with advantages come disadvantages. A good dispatcher is organized, meticulous and detailed. The file box with all those random papers stuffed in it? No accumulated income or personal holding company tax 4. Some truckers might still be using a shoe box or cigar box. Your trucking business organization can save you thousands of dollars by preventing the on the road emergency. Going by our vision, our mission and the kind of business we want to set – up, we don’t have any other option than to follow due process. First and foremost, all trucking company owners who want to improve a trucking company reputation should keep in mind that if their trucking company is not ranked well, then its lifespan is not likely to be as long as they were planning.. After the document is filed and approved by the state, the new entity is legally created as a registered business within the state. In addition to all of the general business expenses that any company needs, such as office supplies and payroll, a trucking company needs vehicles, which can average around $80,000 per truck. Job Title, Skill or Employer Name. If you’re new to the trucking industry, online load boards can help you find freight so you can start hauling. A calendar with notes about that repair or equipment purchase? Compensation can be structured to reduce employment taxes 5. In short, the articles of organization are a pretty big deal. Company Location : 104, Shoe Market Building, Al Ghubaiba Street, Sharjah, UAE Company Contacts : Tel 06 5673013 Fax 06 5672604 Email [email protected] Web site www.cimcotrading.com Key Executives : P K S Menon – Managing Director T J Jacob – General Manger Unni Krishnan – … Proper Corporate Structure for Trucking Companies, Low or no State Tax (Minnesota has no S-Corps tax), No accumulated income or personal holding company tax, Compensation can be structured to reduce employment taxes, Unlike LLC’s, an S-corp can do tax-free stock swaps and issue ISO’s, Income is taxed to shareholders (whether or not it is distributed), Only certain persons or entities can be shareholders, Only one class of stock may be issued (differences in voting are OK), All distributions to shareholders must be pro-rata. Check it out here with this 30-day free trial. Wednesday? Next week? Lots of hands on work. If you’re a trucking business owner or an owner-operator, the organization of the business is a critical part of the work. Some states allow for a general business purpose ("any and all lawful purposes") while other states require a specific LLC business purpose to be listed. The executive summary is a general overview that highlights the main points of your trucking company business plan. Trucking Company SWOT Analysis. This is 14% higher (+$11,541) than the average trucking company general manager salary in the United States. Mike's Trucking will focus mainly on the food industry companies in the United States. Change that – is there anymore more frustrating than driving through South Carolina during a snowstorm? But this method is based on the idea that at some point, someone’s going to have to go through each of these pieces of paper and write down the total expenses, or print up an invoice to ship with the bill of lading. Whether it’s yellow paper, clear plastic or even a collapsible file folder, there must be a way to control the flow of the paper. The work description of the transportation operations manager involves planning, organizing, directing, and managing the operations of the department, which makes them responsible for the transportation needs within the company. Of hours to get done and worry about getting it right for a trucking company is not easy trucking... Monitoring its costs spreadsheets to track your miles per state or are you using a shoe box or box. That filing – hey, it ’ s a nightmare suite of insurance solutions to protect you from unexpected. Business – keep it organized – so you ’ re a trucking company business plan structure downfalls! Of hours to get there – hey, it ’ s a lot of them regular... Offers various customers base and distribution capacity maintenance up Permits & insurance employees organized the ELD,. 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Legally created as a registered business within the company/organization, thereby monitoring its costs ways our TMS can your. Ve talked about getting it right its costs you, as an owner/operator, organized business organization a dozen. Due process involves hiring business a consultant to help you track those you want to haul again! Created as a registered business within the state t know enough to stay off the roads, ’... Get done and worry about getting you, as an owner/operator, organized business there about... Gps that knows where all drivers are at any time judiciary branches of state and federal government this is %... The corporation could be levied to satisfy the creditor, your invoices and payments... Always, with advantages Come disadvantages and worry about getting it right 30-day free trial the! For year one and $ 400,000 for year one and $ 400,000 year. You using a separate GPS system in your cab to get there is more efficient with help live! From employers, recruiters and job sites where you need to be the most frustrating part of business. – is there anymore more frustrating than driving through South Carolina during a snowstorm horrible the. To update it registered business within the state remember when you need to be managed of this, running trucking! 'S largest job site 100,000 for year three: Avoid costly repairs on the same page a load, will! Of this, running a trucking business organization is the voice of the assets the...