Evans Network of Companies of Schuylkill Haven, PA has been honored by Commercial Carrier Journal in its selection of ”Top 250 For-Hire Trucking Companies.” The special recognition will appear in the August, 2013 issue of Commercial Carrier Journal published by Randall Publishing, Inc.
Kim Lorimer, Vice President of Evans Network of Companies commented on the recognition: “This is quite an honor for us. The fact that Commercial Carrier Journal included Evans Network of Companies in its selection of “Top 250 For-Hire Trucking Companies,” signals that our constant efforts towards business excellence are paying off. We are proud to be included in this recognition.” The company ranked 73rd on the list.
Following the publication of Evans Network of Companies’ selection for Commercial Carrier Journal’s Top 250 For-Hire Trucking Companies list, American Registry seconded the honor and added Evans Network of Companies to the “Registry of Business Excellence.
Analysts and top trucking executives agree that a sharp focus on a durable business plan and dependable operations are vital to remaining profitable in one of the most challenging trucking environments in history.
At its essence, trucking sounds so simple: Find a niche, create a business plan, execute it on a daily basis, eliminate exceptions, charge decent rates, and then get paid. However, those executives leading the biggest and most profitable trucking companies will tell you that executing this theoretically straightforward plan every day is anything but.
“For us, I think a lot of it goes back to the strategic planning we did 15 years ago,” says David Congdon, president and CEO of Old Dominion Freight Line (ODFL), No. 5 on Logistics Management’s (LM) Top 25 LTL listing and one of the most profitable LTL carriers in the country. Congdon says that the path to ODFL’s current perch was long and involved and could have only been achieved by staying focused on core business principals that are paying off now.
Analysts and top trucking executives agree that a sharp focus on executing a sound business plan is one of the keys to making the list of Top 50 Trucking Companies. The other elements, say our top sources, would be attention to detail, employee relations (both union and non-union), financial strength, information technology, and operational execution.
“Trucking is not a business where money just rolls through the door.” says Donald Broughton, trucking analyst with Avondale Partners. “Everybody knows what they need to do: lower empty miles, minimize fuel, maximize revenue per truck. But execution is hard, and it’s tough to establish the discipline every day to force your customers, suppliers, and employees to do that. It requires a lot of work and thousands and thousands of hours of planning.”
Mike Shevell, chairman of the Shevell Group that includes New England Motor Freight (No. 18 on the LM LTL list), says that the key to success is getting proper rates to haul freight. “Without rates that can give us proper profit, there’s going to be a very serious problem in future,” he says. “Our cost of doing business is off the charts, and regulations are putting a noose around our neck. It’s getting more difficult to operate.”
The trucking industry is grappling with the Great Recession of 2007/2008 and a massive truck driver turnover of up to 90%. This state of affairs is creating disillusionment not only amongst trucking companies that can barely retain staff over the long term but also amongst truck drivers who are unable to find the perfect trucking jobs. There are about 1.2 million trucking businesses in the US ranging from small moving companies to heavy CMV hauling massive amount of cargo across the states. So how can drivers find work in the best trucking companies that offer them both good remuneration and good growth prospects?
Before you apply for a truck driver’s position, ensure that you clearly understand your prospective employer’s full compensation package. Sift through the maze and determine the pay per loaded mile. You also need to determine the realistic number of miles that you will be able to cover per week. Do not be distracted by the various signing bonuses before you determine what you will take home.
Sign up with a stable company that’s making a profit. This not only guarantees that you will be paid but it also gives you some stability in your career. You obviously don’t want to join a company that will go bankrupt a few months down the line leaving you jobless.