freight transport business plan

Trucking Business Plan Template

Written by Dave Lavinsky

Trucking Company Business Plan

You’ve come to the right place to create your trucking business plan.

We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their trucking companies.

Trucking Business Plan Example

Below is a sample trucking business plan template to help you write a trucking business plan for your own company.

Executive Summary

Business overview.

On The Road Trucking (OTRT) is a new trucking company located in Dallas, Texas. The company was founded by Michael Williams, a trucking and logistics professional who has over 20 years of management experience in trucking and logistics. Michael is confident in his ability to effectively negotiate contracts, oversee drivers and employees, and minimize costs as he ventures out to start his own trucking company. Michael plans on recruiting a team of highly qualified drivers, sales representatives, client relationship managers, and dispatchers to carry out the day-to-day operations of the company.  

On The Road Trucking will provide a comprehensive array of trucking and logistics services for any business or individual in need of freight distribution. OTRT will use the latest technology to ensure that every shipment is distributed efficiently and handled with the best of care. On The Road Trucking will be the ultimate choice in the Dallas, Texas area for customized trucking services.

Product Offering

The following are the services that On The Road Trucking will provide:

• Dedicated fleet services
• Flatbed transportation services
• Local distribution services
• Logistics services
• Warehousing services

Customer Focus

On The Road Trucking will target all businesses and individuals in need of freight services. OTRT will begin by targeting small business owners in need of distribution services and individuals in need of shipping services who may not be able to get service from a larger trucking company because their shipment size is too small. No matter the client, On The Road Trucking will deliver a customer-centric experience where they will customize each shipment to match the customer’s specific requirements. 

Management Team

On The Road Trucking will be owned and operated by Michael Williams. He has recruited another experienced trucking professional and former CPA, Steve Brown to be the CFO of the new company and manage the financial oversight of the accounting department. 

Michael Williams is a graduate of the University of Texas with a Bachelor’s degree in Business Management. He has been working at a local trucking company for over two decades as a Transportation Manager, and is well-versed in all aspects of the trucking industry. Micheal’s organizational skills and customer-first approach have garnered his reputation for being a cost-effective logistics manager with high standards for customer service. 

Steve Brown has been the accounting manager for a local trucking company for over ten years. Prior to his experience in trucking, Steve worked as a CPA in a local tax firm. Michael relies strongly on Steve’s attention to detail, diligence, and focus on cost-saving solutions.

Success Factors

On The Road Trucking will be able to achieve success by offering the following competitive advantages:

• Proactive, helpful, and highly qualified team of sales representatives and dispatchers that are able to effectively navigate the journey of both customers and drivers. 
• Customized service that allows for a small business or an individual to have their requirements accommodated. On The Road Trucking takes care of everything from truck inspections and maintenance to scheduling drivers, loading/unloading, and short-and-long range distribution. 
• On The Road Trucking offers the best pricing for customized and small shipments compared to the competition.

Financial Highlights

On The Road Trucking is seeking $300,000 in debt financing to launch its trucking business. The funding will be dedicated towards securing the warehouse and purchasing the trucks. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and association memberships. The breakout of the funding is below:

• Warehouse build-out: $50,000
• Trucks, equipment, and supplies:  $20,000
• Three months of overhead expenses (payroll, rent, utilities):  $180,000
• Marketing costs: $30,000
• Working capital:  $20,000

The following graph below outlines the pro forma financial projections for On The Road Trucking.

Company Overview

Who is on the road trucking .

On The Road Trucking is a newly established trucking company in Dallas, Texas. On The Road Trucking will be the most reliable, secure, and efficient choice for small business owners and individuals in Dallas and the surrounding communities. OTRT will provide a personalized approach to trucking services for anyone in need of freight transportation. Their full-service approach includes comprehensive truck driver oversight, short-distance distribution, small shipments, and customized service.   

  On The Road Trucking’s team of professionals are highly qualified and experienced in trucking and logistics operations. OTRT removes all headaches that come with dealing with trucking companies and ensures all issues are taken care off expeditiously while delivering the best customer service.

On The Road Trucking History

OTRT is owned and operated by Michael Williams, a long-time trucking and logistics professional who has a Business Management degree. He worked at a local trucking company for over two decades where he served as Lead Transportation Manager for the last five years, and is well-versed in all aspects of the trucking and transportation industry. Micheal used his industry expertise to reach out to potential customers who may need small-size distribution services that are not offered by larger trucking businesses and letting them know about the services OTRT will offer. 

Since incorporation, On The Road Trucking has achieved the following milestones:

• Registered On The Road Trucking, LLC to transact business in the state of Texas. 
• Identified the target location for the warehouse. 
• Contacted numerous small businesses to let them know about the services that will be offered. 
• Began recruiting drivers, sales representatives, and dispatchers. 

On The Road Trucking Services

The following will be the services On The Road Trucking will provide:

Industry Analysis

As the primary source of land freight distribution in the United States, the trucking industry is a $730B industry. 

There are approximately 900,000 available truck drivers across the country. The demand for drivers is much higher than the supply, which means there is a lot of opportunity for new companies to recruit people to become truck drivers by offering them better incentives than currently being offered by larger trucking companies. Additionally, a new trend in trucking is the increasing popularity of shorter or local hauls compared to long-distance. This poses an opportunity for companies to cater to the customers demanding short-distance hauls. 

Some challenges for trucking industry operators include rising fuel costs and an increased use of online booking and monitoring technology, which can leave traditional companies behind if they are using outdated systems. New entrants can benefit from using the latest technology from the outset, providing drivers with incentives to work with them, and implementing cost-effective solutions to reduce their fuel costs. 

Customer Analysis

Demographic profile of target market.

On The Road Trucking will target anyone in need of trucking services in Dallas, Texas and surrounding areas. Primarily, the company will target small businesses and individuals that may need local distribution or have small size hauls.  Below is a snapshot of this market.

Customer Segmentation

OTRT will primarily target the following customer profiles:

• Small business owners
• Small manufacturing companies
• Individuals in need of freight transportation services

Competitive Analysis

Direct and indirect competitors.

On The Road Trucking will face competition from other companies with similar business profiles. A company description of each competitor is below.  

Texas Truck Services

Texas Truck Services provides trucking services, logistics services, freight distribution, and warehousing services. Located in Dallas, Texas Truck Services offers local service to the Dallas area. Texas Truck Services’s team of experienced professionals assures the hauls are run smoothly, freeing the customer from worry over whether their shipments will arrive on time and in good condition.   

US Trucking & Logistics

US Trucking & Logistics is a Dallas-based trucking and logistics company that provides freight distribution services for small businesses across Texas. The management team is composed of former truck drivers and business management professionals who are familiar with the trucking industry in Texas. US Trucking & Logistics uses electric vehicles to reduce its fuel costs, which allows the company to pass these savings on to its customers.   

Best Trucking

Best Trucking is a trusted Dallas-based trucking company that provides superior trucking and logistics service to customers in Dallas and the surrounding areas. Best Trucking provides shipping, receiving, packaging, and disposal services. The Best Trucking team of logistics experts ensures that each shipment is delivered with the highest security standards and that the entire freight process is smooth and seamless for its customers.   

Competitive Advantage

On The Road Trucking will be able to offer the following advantages over their competition:

• Friendly, knowledgeable, and highly qualified team of trucking and logistics experts with extensive experience in the field. 
• Use of the latest trucking and logistics technology to ensure each haul is handled with the best of care and delivered efficiently. 
• On The Road Trucking offers local distribution and takes small hauls that may be denied by larger trucking companies. 

Marketing Plan

Brand & value proposition.

On The Road Trucking will offer the following unique value propositions to its clientele:

• Highly-qualified team of skilled employees that is able to provide a comprehensive set of trucking services (shipping, receiving, monitoring, short-distance, small hauls).
• Customized approach to freight distribution, leveraging technology and flexibility to provide the highest quality of service to its customers. 

Promotions Strategy 

The promotions strategy for On The Road Trucking is as follows:

Word of Mouth/Referrals Michael Williams has built up an extensive list of contacts over the years by providing exceptional service and expertise to his clients. Once Michael advised them he was leaving to open his own trucking business, they committed to follow him to his new company and help spread the word of On The Road Trucking.

Professional Associations and Networking On The Road Trucking will become a member of Texas Trucking Association (TTA), and American Trucking Association (ATA). They will focus their networking efforts on expanding their client network.

Print Advertising On The Road Trucking will invest in professionally designed print ads to include in industry publications.

Website/SEO Marketing On The Road Trucking will utilize their in-house marketing director that designed their print ads to also design their website. The website will be well organized, informative, and list all their services. The website will also list their contact information and provide information for people looking to become drivers. The marketing director will also manage the company’s website presence with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Dallas trucking company” or “trucking near me”, On The Road Trucking will be listed at the top of the search results.  

The pricing of On The Road Trucking will be moderate and on par with competitors so customers feel they receive value when purchasing their services. 

Operations Plan

The following will be the operations plan for On The Road Trucking.

Operation Functions:

• Michael Williams will be the Co-Owner and President of the company. He will oversee all staff and manage client relations. Michael has spent the past year recruiting the following staff:
• Steve Brown – Co-Owner and CFO who will be responsible for overseeing the accounts payable, accounts receivable, and managing the accounting department. 
• Beth Davis – Staff Accountant will provide all client accounting, tax payments, and monthly financial reporting. She will report directly to Steve Brown. 
• Tim Garcia – Marketing Manager who will provide all marketing, advertising, and PR for OTRT.
• John Anderson – Safety Manager who will provide oversight on all maintenance and safety inspections of the vehicles and drivers. 

Milestones:

On The Road Trucking will have the following milestones complete in the next six months.

7/1/2022 – Finalize lease on warehouse

7/15/2022 – Finalize personnel and staff employment contracts for the management team

8/1/2022 – Finalize contracts for sales representatives, dispatchers, and initial drivers

9/15/2022 – Begin networking at industry events 

10/22/2022 – Begin moving into On The Road Trucking warehouse and securing trucks

11/1/2022 – On The Road Trucking opens for business

Michael Williams is a graduate of the University of Texas with a Bachelor’s degree in Business Management. He has been working at a local trucking company for over two decades, most recently as a Transportation Manager, and is well-versed in all aspects of the trucking industry. Micheal’s organizational skills and customer-first approach have garnered his reputation for being a cost-effective logistics manager with high standards for customer service. 

Financial Plan

Key revenue & costs.

The revenue drivers for On The Road Trucking are the trucking fees they will charge to the customers for their services. Most trucking companies charge a per-mile rate. Average per-mile rates vary, but are typically between $2.30-3.30. 

The cost drivers will be the overhead costs required in order to staff a trucking operation. The expenses will be the payroll cost, rent, utilities, fuel and maintenance for the trucks, and marketing materials.

Funding Requirements and Use of Funds

Key assumptions.

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.

• Number of Trucks in Fleet: 10
• Average Fees per Truck per Month: $20,000
• Warehouse Lease per Year: $100,000

Financial Projections

Income statement.

Balance Sheet

Cash Flow Statement

Trucking Business Plan FAQs

What is a trucking business plan.

A trucking business plan is a plan to start and/or grow your trucking business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can  easily complete your trucking business plan using our Trucking Business Plan Template here .

What are the Main Types of Trucking Companies?

There are a number of different kinds of trucking companies, some examples include: For- Hire Truckload Carriers, Less Than Truckload Carriers, Hotshot Truckers, Household Movers and Inter-Modal trucking.

How Do You Get Funding for Your Trucking Business Plan?

Trucking companies are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding. This is true for a business plan for a trucking company and a transportation business plan.

What are the Steps To Start a Trucking Business?

Starting a trucking business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster. 

1. Develop A Trucking Business Plan - The first step in starting a business is to create a detailed trucking business plan that outlines all aspects of the venture. Starting a trucking company business plan should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your trucking business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your trucking business is in compliance with local laws.

3. Register Your Trucking Business - Once you have chosen a legal structure, the next step is to register your trucking business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your trucking business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Trucking Equipment & Supplies - In order to start your trucking business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your trucking business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful trucking business:

• How to Start a Trucking Business

Where Can I Get a Trucking Business Plan PDF?

You can download our free trucking business plan template PDF here . This is a sample trucking business plan template you can use in PDF format.

Trucking Business Plan Ultimate Guide + Free Example

July 6, 2023

Adam Hoeksema

If you are looking to start a trucking company and need financing, you are likely to be asked to provide a business plan by your potential lender or investor.  If you plan to start as a one-person trucking company this may really seem like overkill, do you really need a full business plan if you simply plan to buy a truck and drive it yourself?  

The reality is that whether it is overkill or not, if your lender requires a business plan, perhaps because it is an SBA loan requirement, then you just have to get it done.  My hope with this blog post is to cover the following questions:

What should a trucking business plan include?

Trucking business plan outline, what kind of trucking business should i get into, where can i find customers for my trucking business, spot freight vs. dedicated routes.

• Should I lease or buy my semi-truck?
• How to create financial projections for a trucking business?
• Trucking example business plan
• Trucking business plan FAQs

With that in mind as the path forward, let’s dive in. 

A trucking business plan should include a market analysis, list of services offered, marketing and sales strategy, operations plan, financial projections, organization and management and risk analysis section. You can see our detailed outline below. 

I. Introduction:

II. Market Analysis:

III. Services Offered:

IV. Marketing and Sales Strategy:

V. Operations Plan

Acquisition and Management of Trucks

Hiring and Training of Drivers

Dispatch and Logistics

Regulatory Requirements and Compliance Measures

VI. Financial Projections

Startup Costs, Funding Sources, and Future Financing Needs:

Financial Summary

Annual Sales, Gross Profit and Net Profit

Key Financial Ratios

Income Statement

Balance Sheet

Cash Flow Statement

VII. Organization and Management

Organizational Structure

Roles and Responsibilities of Key Stakeholders

Legal and Compliance Requirements

VIII. Risk Analysis

Potential Risks

Contingency Plans

IX. Conclusion

Your business plan will differ based on the type of trucking business you plan to get into.  There are several different types of trucking businesses, each with different business and financial models.  For example, we have developed financial models for the following types of trucking businesses: 

• General Freight Trucking
• Moving Truck

Each type of trucking business will have different pros and cons, different startup costs, different work schedules, and ultimately different earning power.  

Finding customers for your trucking business involves proactive networking, marketing, and understanding where your potential clients might be. Here are several strategies to attract more customers:

Networking Events: Attend industry-related networking events, seminars, and trade shows. They can be a great way to meet potential customers as well as partners.

Online Directories and Load Boards: Online freight and load boards can be useful. Some popular options include Truckstop.com, DAT Load Board, and Freightos. Customers needing freight services often use these platforms to find providers.

Use a Freight Broker: Freight brokers act as intermediaries between shippers and carriers. They can bring you new business, but they will take a commission.

Social Media & Online Marketing: Platforms such as LinkedIn, Facebook, Instagram, and Twitter can be useful to connect with potential clients. You can also use Google Ads and SEO to increase your online visibility to potential customers who are looking for trucking services.

Local Businesses: Reach out to local businesses that might need your services. Manufacturers, wholesalers, and companies with distribution needs are all potential customers.

Develop a Website: If you don't already have one, create a professional website outlining your services, rates, and contact information. Having a digital presence can greatly enhance your business visibility.

Referrals: Encourage your current clients to refer your trucking business to other potential customers. You can incentivize this process by offering a referral discount or another type of reward.

Cold Calling and Emailing: Identify potential clients, prepare a solid sales pitch, and reach out directly via phone or email.

Partnerships: Consider creating partnerships with other businesses that complement your trucking services. For instance, a partnership with a storage or warehouse company can be beneficial.

Each approach to running a trucking business has its own advantages and disadvantages. Here are some of the main pros and cons of having a dedicated route versus picking up loads on load boards:

Dedicated Routes

Consistent Work: With a dedicated route, you have a reliable and predictable schedule. You'll know in advance where you're going, when you need to be there, and what you're hauling.

Predictable Revenue: Having a consistent schedule also means you'll have consistent revenue. You'll know what you're earning each week or month, making it easier to plan your business finances

Established Relationships: Over time, you'll build relationships with the businesses along your route. These relationships can lead to more business and better working conditions.

Reduced Wear and Tear: With a dedicated route, you're often driving the same roads and conditions, which can help reduce wear and tear on your equipment.

Less Flexibility: With a dedicated route, your schedule is mostly fixed. You may have less time for other business opportunities or personal matters.

Risk of Dependency: If your dedicated client's business goes down or they decide to change providers, it can significantly impact your income.

Potential for Lower Pay: Depending on the agreement, dedicated routes can sometimes pay less per mile than what you could get from a high-demand load on a load board.

Load Boards

Flexibility: Load boards offer the flexibility to choose your loads and routes. You can decide when to work, where to go, and what to haul.

Potential for Higher Pay: Some loads, especially urgent or last-minute ones, can pay very well. If you're in the right place at the right time, you can earn more than you might on a dedicated route.

Variety: Using load boards provides a variety of work. You're not limited to the same route or cargo, which can make your work more interesting.

Inconsistent Work and Pay: Load boards can be unpredictable. Some days, you might find lots of high-paying loads; other days, there might be very little work available.

Competition: Load boards are open to all truckers, which means you're competing with everyone else for the best loads.

Lack of Personal Relationships: Load boards often don't give you the opportunity to build strong relationships with shippers, which might affect the quality of your working conditions and business opportunities.

Broker Fees: Many load boards work through brokers, who take a commission on the load. This can reduce your overall earnings.

It's worth noting that many trucking businesses use a combination of dedicated routes and load boards to balance out the pros and cons of each approach. This hybrid model can provide both consistency and flexibility.

Should I lease or buy my semi-truck? 

Choosing whether to buy or lease a semi-truck for your trucking business is a significant decision that can have long-term impacts on your business's financial health and flexibility. Here are some pros and cons of each option:

Buying a Semi-Truck

Ownership: Once you've paid off the truck, it's yours. You can modify it to suit your needs and sell it when you want to upgrade or exit the business.

No Mileage Restrictions: Unlike with leasing, there are no penalties for high mileage when you own your truck.

Possible Cost Savings: Depending on the terms of the purchase and the life of the truck, it may be more cost-effective in the long run to buy a truck outright.

High Upfront Costs: Buying a semi-truck requires a significant initial investment, which might be challenging for some businesses, particularly start-ups.

Maintenance and Repair Costs: As the owner, you're responsible for all maintenance and repair costs. These costs can be unpredictable and expensive.

Depreciation: Trucks depreciate over time. When you decide to sell, you might not recoup much of your initial investment, particularly if the truck has high mileage or is in less than excellent condition.

Leasing a Semi-Truck

Lower Initial Costs: Leasing a truck usually requires a smaller initial investment compared to buying.

Flexibility: Leasing can offer more flexibility. You can upgrade to newer models more frequently, and you're not tied down to a long-term commitment if your business needs change.

Less Maintenance Responsibility: Depending on your lease agreement, some or all maintenance and repairs might be covered by the leasing company, reducing unexpected costs and downtime.

No Equity: When you lease, you're essentially renting. You're not building equity in the truck, and at the end of the lease, you don't own anything.

Mileage Restrictions: Leasing contracts often have mileage limits. If you exceed these limits, you could end up paying significant penalties.

Lack of Customization: When you lease, there may be restrictions on how much you can modify or customize the truck.

Potential for Higher Long-Term Costs: Over the long term, the total cost of leasing can end up being more than the cost of buying a truck outright.

When deciding between buying or leasing, it's important to consider the specific needs and financial situation of your business. You should factor in your cash flow, the amount of driving you expect to do, the importance of owning your truck, and the impact of potential repairs and maintenance. Consulting with a financial advisor can be very beneficial in making this decision.

How to Create Financial Projections for a Trucking Business Plan

Just like in any industry, the trucking business has its unique factors that impact financial projections, such as fuel costs, maintenance expenses, and client contracts. Utilizing a trucking financial projection template can simplify the process and enhance your confidence. Creating accurate financial projections goes beyond showcasing your trucking company's ability to cover expenses; it's about illustrating the financial roadmap that leads to profitability and the realization of your transportation goals. To develop precise projections, consider the following key steps:

• Estimate startup costs for your trucking business, including vehicle acquisition or leasing, insurance, licenses, and permits
• Forecast revenue based on projected client contracts, rates per mile, and anticipated volume of shipments.
• Project variable driving costs like fuel, vehicle maintenance, repair expenses, as well as driver pay
• Estimate operating expenses like insurance premiums, permits and licenses renewal fees, tolls, salaried employees, and administrative costs.
• Calculate the capital needed to open and operate your trucking business, covering initial expenses and providing working capital for sustained operations.

While financial projections are a critical component of your trucking business plan, seek guidance from experienced professionals in the industry to refine your projections. Adapt your plan based on real-world insights, leverage industry resources, and stay informed about market trends and regulatory changes to ensure your financial projections align with your goals and set the stage for a successful trucking venture.

Example Trucking Business Plan

Below you will find the text of our example trucking business plan. You can also download a Google Doc version of this trucking business plan template here , which allows you to modify it and personalize it to your own needs. You can also follow along in this video walkthrough, designed to help you customize the business plan to suit your specific trucking business model.

Table of Contents

I. executive summary.

The name of our bar and grill is "Cheers & Grub". Cheers & Grub is a casual dining establishment that specializes in American-style cuisine with a focus on juicy burgers, delicious wings, and refreshing beers on tap. Our target market is young professionals and families in the downtown area who are looking for a casual and relaxed atmosphere to enjoy good food and drinks.

We aim to differentiate ourselves from our competitors by offering a unique and enjoyable dining experience. Our menu will feature a variety of classic American dishes, made with fresh and locally-sourced ingredients. Our bar will offer a wide selection of domestic and craft beers, as well as a variety of specialty cocktails. We will also host weekly events such as trivia nights and live music performances, to keep our customers engaged and entertained.

Our projected startup costs are $500,000, which includes the cost of leasehold improvements, equipment, and operating capital. Our projected first-year sales are $1.2 million, with a net profit margin of 7%. We anticipate steady growth in sales and profits over the next five years.

II. Business Concept

Cheers & Grub is a casual dining establishment that offers a relaxed and friendly atmosphere, combined with great food and drinks. Our menu will feature classic American dishes, such as burgers, wings, sandwiches, and salads, made with fresh and locally-sourced ingredients. Our bar will offer a variety of domestic and craft beers, as well as a selection of specialty cocktails.

The ambiance of our establishment will be modern and comfortable, with a touch of vintage charm. We will feature a spacious dining area, a full-service bar, and a cozy lounge area for customers to relax and enjoy live music performances. Our target market is young professionals and families in the downtown area who are looking for a casual and relaxed atmosphere to enjoy good food and drinks.

III. Market Analysis

The restaurant industry has been growing steadily in recent years, with an estimated market size of $899 billion in 2020. The demand for casual dining establishments like Cheers & Grub is particularly high, as consumers seek out convenient and affordable options for their dining needs. Our target market consists of young professionals and families in the downtown area who are looking for a casual and relaxed atmosphere to enjoy good food and drinks.

In terms of competition, there are several established bar and grill establishments in the downtown area. However, we believe that we can differentiate ourselves by offering a unique and enjoyable dining experience, made with fresh and locally-sourced ingredients. Our bar will also offer a wide selection of domestic and craft beers, as well as a variety of specialty cocktails, to appeal to a wider range of customers.

IV. Competition Analysis

The main competition in the downtown area consists of established bar and grill establishments, such as "The Local" and "Grill Master". The Local is known for its casual atmosphere and selection of domestic beers, while Grill Master is known for its specialty cocktails and live music performances.

We believe that we can differentiate ourselves from our competitors by offering a unique and enjoyable dining experience. Our menu will feature a variety of classic American dishes, made with fresh and locally-sourced ingredients, and our bar will offer a wide selection of domestic and craft beers, as well as a variety of specialty cocktails. In addition, we will host weekly events such as trivia nights and live music performances, to keep our customers engaged and entertained.

V. Marketing Strategy

Our marketing strategy will focus on reaching our target market through a variety of channels, including online advertising, social media, and local promotions. We will also leverage our unique selling points, such as our fresh and locally-sourced ingredients, our selection of domestic and craft beers, and our weekly events, to attract and retain customers.

Online Advertising: We will utilize social media platforms, such as Facebook and Instagram, to reach our target audience. This will include paid advertising, such as sponsored posts and ads, as well as organic content, such as pictures and videos of our menu items and events.

Social Media: We will create a strong presence on social media by regularly posting pictures, videos, and updates about our menu items, events, and promotions. This will help to engage our followers and build a loyal customer base.

Local Promotions: We will participate in local events and promotions, such as food festivals and charity events, to increase visibility and build brand awareness. We will also offer special deals and promotions, such as happy hour discounts and loyalty programs, to incentivize customers to visit Cheers & Grub.

VI. Menu and Kitchen Operations

Our menu will feature a variety of classic American dishes, made with fresh and locally-sourced ingredients. This includes juicy burgers, delicious wings, sandwiches, and salads. Our bar will offer a wide selection of domestic and craft beers, as well as a variety of specialty cocktails.

In terms of kitchen operations, we will have a fully-equipped kitchen. Our kitchen staff will be trained in food safety protocols, and we will have strict sanitation procedures in place to ensure the safety and quality of our food.

VII. Service and Hospitality

At Cheers & Grub, we will strive to provide exceptional service and hospitality to our customers. Our staff will be trained in customer service and will be equipped with the necessary skills to provide a welcoming and friendly atmosphere.

Our dining area will feature table service, while our bar will offer full-service bar service, including the preparation of specialty cocktails. We will also have a lounge area for customers to relax and enjoy live music performances.

VIII. Financial Plan

Our projected startup costs are $350,000, which includes the cost of leasehold improvements, equipment, and operating capital. Our projected first-year sales are $1 million, with a net profit margin of 26%. We anticipate steady growth in sales and profits over the next five years, with a focus on expanding our menu offerings and hosting more events to attract and retain customers.

All of the unique financial projections you see below were generated using ProjectionHub’s Trucking financial projection template . Use PH20BP to enjoy a 20% discount on the template. 

Startup Costs:

Projected Financial Summary:

Annual Sales, Gross Profit and Net Profit:

Key Financial Ratios:

Watch how to create financial projections for your very own bar and grill:

Income Statement:

Balance Sheet:

Cash Flow Statement:

IX. Organizational Structure

Cheers & Grub will be owned and operated by [Name], an experienced restaurateur with a passion for good food and drinks. [Name] will also serve as the manager, responsible for day-to-day operations, including menu development, kitchen operations, and staffing.

In terms of staffing, we will have a team of highly-skilled and trained employees, including a head chef, kitchen staff, servers, and bartenders. We will also have a human resources manager to handle employee relations and benefits.

X. Conclusion

In conclusion, Cheers & Grub is a casual dining establishment that offers a relaxed and friendly atmosphere, combined with great food and drinks. With a focus on fresh and locally-sourced ingredients, a wide selection of domestic and craft beers, and weekly events, we believe that we have the necessary elements to succeed in the competitive restaurant industry. Our financial projections are positive, and we are confident in our ability to achieve steady growth and profitability in the coming years.

Trucking Business Plan FAQs

How do i start a trucking business.

To start a trucking business, you'll need to obtain the appropriate commercial driver's license (CDL), register your business, secure necessary permits and licenses, acquire or lease trucks, establish relationships with clients or freight brokers, and ensure compliance with safety regulations.

How can I find freight and clients for my trucking business?

To find freight and clients, consider partnering with freight brokers or load boards, networking within the industry, attending trade shows or logistics events, leveraging online freight marketplaces, and building relationships with shippers or manufacturers.

What types of insurance do I need for my trucking business?

Insurance coverage for a trucking business may include primary liability insurance, cargo insurance, physical damage insurance for your vehicles, and general liability insurance. Consult with an insurance professional to determine the specific coverage you need.

How can I optimize fuel efficiency in my trucking operations?

To optimize fuel efficiency, consider maintaining regular truck maintenance, training drivers on fuel-efficient driving techniques, investing in aerodynamic equipment for trucks, monitoring tire pressure, using GPS technology to plan efficient routes, and adopting technologies that help optimize fuel usage.

What are the compliance requirements for the trucking industry?

Compliance requirements for the trucking industry include adhering to hours-of-service regulations, maintaining accurate records and logs, conducting regular vehicle inspections, following weight and size restrictions, and complying with licensing and registration requirements.

About the Author

Adam is the Co-founder of ProjectionHub which helps entrepreneurs create financial projections for potential investors, lenders and internal business planning. Since 2012, over 50,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

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How to Create a Trucking Business Plan

If you have been frantically searching the phrase “business plan for trucking company” in hopes of starting your own freight business, this guide is for you! 

Below, our experts will provide you with a business plan creation roadmap so detailed that it would make Rand McNally jealous. We’ll break down the entire process into manageable steps so that you can successfully launch your new venture.

TAFS Financing

As one of the industry leaders, TAFS assists trucking companies to increase cash flow with factoring rates as low as 2.49%, business loans and 1-Hour Advance options.

What Is a Trucking Business Plan?

Before we outline how to create your trucking business plan, let’s recap what this detailed strategy entails. 

Your trucking business plan should outline all of the major components of your company. It should include information about what you plan to haul, where you would like to operate, and how much revenue you seek to generate. 

In addition, your plan should outline how you intend to hire and manage support staff, drivers, and other employees.

As you can see, a lot goes into creating a trucking business plan. After all, this information lays the foundation for your entire company!

Why Is It Important to Write a Business Plan?

Writing a business plan is important for a variety of reasons. For starters, it helps you turn your dream into a viable revenue-generating strategy. In it, you’ll need to hash out all of the fine details about your business, including your operational plan and the services you intend to offer.

Creating a trucking company business plan is also essential when it comes time to seek funding . Potential investors, financial institutions, and other interested parties will want to see how you plan to generate revenue. 

An incohesive or disjointed plan just might scare off prospective investors. On the other hand, a thoroughly crafted strategy can make seeking out funding much easier.

9 Steps: How to Create a Trucking Business Plan

Now that you know the “what” and “why” of creating a trucking business plan, let’s dive into the how:

Step 1: Executive Summary

During the first part of the creation process, you will need to write an executive summary. This brief summary should provide a general overview of your company: what state you will operate out of, your mission statement, and what prompted you to start your own business.

Step 2: Company Description

Your company description should read much like the “About Us” section on a corporate website. The description should expound upon your mission statement, explain your personal connection to the trucking industry, and provide additional background about the business.

This would be a good time to list out your relevant career experience as a truck driver, operations manager, fleet manager, etc. 

Step 3: Operational Plan

In this step, you’ll need to generate a highly technical operational plan. This plan should describe how you intend to manage processes such as driver dispatching. It should also outline the hierarchy and supervisory structure of the business.

Step 4: Services Offered

The services offered section is one of the most important components of your trucking business plan. This segment should detail what types of freight you intend to haul (i.e., LTL, truckload, refrigerated). You should also outline your pricing structure and demonstrate how your suite of services fills a need in the current market.

Step 5: Market Analysis

When you’re seeking investors, they will be particularly interested in your marketing analysis. This section of your plan should define your target market and should include both competitive analysis and industry analysis.

Target Market: Your target market or target audience refers to the customer base that might need your services. 

Competitive Analysis: As the name suggests, a competitive analysis refers to an assessment of competitors within your market. You should conduct research in order to identify which companies are offering the same services within the region that you intend to operate within. 

This analysis should also include information on their revenue (if publicly available), how many trucks they have, and their pricing model.

Industry Analysis: Whereas a competitive analysis includes information on other trucking companies, industry analysis is focused on the market as a whole. 

This analysis should include information on current trends so that you can predict how the market will change in the future. For instance, the industry analysis should help you determine whether there is projected to be an increase in demand for trucking services in the next 12 months.

Step 6: Management and Personnel

In this section of your trucking business plan, you should outline your company’s approach to hiring and managing employees. This section can detail onboarding processes, when staff will be paid (weekly, bi-weekly, etc.), and how many employees you need to launch your business.

Step 7: Marketing and Sales Strategy

How will prospective clients learn about your services? What mediums will you use to advertise your trucking company? Will you rely on an in-house marketing team? Do you plan to outsource these responsibilities? All of these questions must be answered in this section of your trucking business plan.

Step 8: Funding Request

One of the most challenging parts of creating a trucking business plan is writing out your funding request. This request should not only state how much funding you need to launch your business, but it must also provide a line-by-line breakdown of projected expenses. 

Some of the costs that you should detail in this section include general operating and overhead expenses, equipment purchases, payroll, and insurance premiums.

Step 9: Financial Projections

Your trucking business plan should also include financial projections that outline your estimated earnings during your first year in operation. 

These projections should be highly specific and include quarterly or monthly breakdowns of estimated revenue. 

If you’re already working as an owner-operator, include your current revenue, as this will help potential investors better understand your earning potential.

Step 10: Reassess and Adjust

Lastly, be willing to revisit your trucking business plan periodically. Reassess your plan at least once a quarter so that you can gauge how your business is performing in comparison to your previous projections. This approach will help you make informed decisions about the direction of your business so that you can maximize profitability.

Ready to Start a Trucking Company? 

Once you have created your plan, it is time to find a financial partner that will invest in trucking businesses. Look for a company that offers multiple cash flow solutions including small business loans , credit lines designed specifically for trucking companies, and cash advances. 

As the owner of a trucking business, your earnings will vary depending on the number of drivers you employ, what type of freight you haul, and several other factors.  However, owners can expect to gross approximately $2,000 to $5,000 weekly if they are operating their own vehicle and may earn an additional weekly profit of $500-$2,000 for every truck they have in their fleet.

Owning a trucking company can be quite profitable. However, crafting a great trucking company business plan is key to your success.

 Many small trucking businesses are LLCs or limited liability companies, as this approach insulates the owner and their assets from civil liability. While it may be possible to open your company without becoming an LLC, it is not recommended.

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• Business plans

Trucking Business Plan Template

Used 4,872 times

Empower your journey to success with our trucking business plan template, designed as a valuable tool to organize the essentials of your trucking business.

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Created by:

​ [Sender.FirstName] [Sender.LastName] ​

​ [Sender.Company] ​

Prepared for:

​ [Recipient.FirstName] [Recipient.LastName]

​ [Recipient.Company] ​

Company Overview

​ [Sender.Company] is a new trucking firm located in [Sender.StreetAddress] [Sender.City] [Sender.State] [Sender.PostalCode] (Location.Name).

​ [Sender.FirstName] [Sender.LastName] (Founder name), a specialist in trucking and logistics with more than (Number of Years_ years of managerial experience, created the business. As he sets out to launch his own trucking company, [Sender.FirstName] [Sender.LastName] is confident in his capacity to successfully negotiate contracts, manage drivers and personnel, and cut costs.

​ [Sender.Company] will offer a full range of trucking and logistics services to any company or individual needing freight distribution. [Sender.Company] will use cutting-edge technology to ensure that each shipment is dispatched efficiently and with the utmost care.

Services Offered

​ [Sender.Company] has a fleet of over (Number of trucks) freight trucks available for local and long-distance trucking services, each of which is frequently maintained to ensure that clients' goods are delivered on time.

The services that [Sender.Company] will offer:

Dedicated fleet services

Flatbed transportation services

Local distribution services

Logistics services

Warehousing services

Management Team

​ [Sender.Company] will be under the ownership and leadership of (Owner.Name), known for his/her exceptional organizational skills and unwavering commitment to putting the customer first.

(Owner.Name) holds a Bachelor's degree in Business Management from (University.Name) and boasts an impressive career spanning over two decades in the local trucking industry.

(Staff.Name) will oversee the financial aspects of the accounting department, ensuring meticulous financial management.

(Staff.Name) brings a wealth of experience to the team, having served as the Accounting Manager for a local trucking company for over a decade. Before his/her tenure in the trucking industry, (Staff.Name) was a Certified Public Accountant (CPA) at a respected local tax firm.

Industry Analysis

​ [Sender.Company] conducted a thorough industry study and identified the following facts, which bode well for the business:

Across the country, there are roughly (Number of Truck Drivers) available truck drivers.

The demand for drivers is far greater than the supply, which implies that there is a lot of room for new organizations to recruit people to become truck drivers by offering better incentives than major trucking companies now provide.

A new trend in trucking is the increasing popularity of shorter or local hauls over long-distance hauls.

This is an opportunity for businesses to cater to customers that require short-distance hauls.

Rising fuel costs and greater use of online booking and monitoring technology, which can leave established enterprises behind if they employ obsolete methods, are two problems for trucking sector operators.

New entrants can gain from using cutting-edge technology from the start, offering incentives to drivers to engage with them, and applying cost-effective ways to minimize fuel expenses.

Customer Analysis

​ [Sender.Company] will primarily target the following customer profiles:

Small Business Owners: Providing tailored logistics solutions to support their operations.

Small Manufacturing Companies: Ensuring efficient supply chain management.

Individuals Requiring Freight Transportation: Reliable and cost-effective shipping solutions for personal or occasional needs.

Competitive Analysis

​ [Sender.Company] will face competition from different companies with comparable company profiles.

(Competitor.Name) offers trucking, logistics, freight distribution, and warehousing services. They are located in (Competitor.Location), where they provide local service. (Competitor.Name)'s professional crew ensures that the hauls operate smoothly, relieving the customer of concern about whether their shipments will reach on schedule and in excellent shape.

Competitive Advantages

​ [Sender.Company] holds a competitive edge through the following advantages:

The team comprises friendly, highly qualified trucking and logistics experts with deep industry experience.

Embrace cutting-edge trucking and logistics technology to guarantee meticulous handling and efficient deliveries for each haul.

Unlike larger trucking companies, [Sender.Company] specializes in local distribution and readily accepts small hauls that others may decline.

Marketing Plan

Brand and value proposition.

​ [Sender.Company] stands out by providing distinctive value propositions to its clients:

A dedicated team of highly qualified professionals proficient in a wide range of trucking services.

​ [Sender.Company] harness cutting-edge technology and maintain flexibility to deliver the utmost quality of service to our valued customers.

Promotions Strategy

​ [Sender.Company] has a well-rounded promotions strategy in place to boost its visibility and reach:

(Owner.Name) has cultivated a substantial network of contacts through years of providing exceptional service and expertise. His/Her clients have pledged to continue their partnership with him/her at [Sender.Company] and actively promote the brand through word of mouth and referrals.

Professional Associations and Networking

To expand its client base, [Sender.Company] will join esteemed organizations such as the Texas Trucking Association (TTA) and the American Trucking Association (ATA). The focus will be on building valuable connections within these associations.

Print Advertising

​ [Sender.Company] recognizes the importance of industry publications and will invest in professionally designed print advertisements. These ads will effectively communicate its services and unique value propositions.

Website/SEO Marketing

​ [Sender.Company] will leverage its in-house marketing director, who designed the print ads, to create an informative, well-organized website. The website will comprehensively present the services offered and provide essential contact details.

Pricing Strategy

​ [Sender.Company] is committed to offering competitive pricing that aligns with industry standards, ensuring that their valued customers always perceive exceptional value in their investment when choosing their services.

They provide a range of flexible payment options to accommodate diverse preferences:

1. Payment in Cash or Coins

2. Payment through Point of Sale (POS) Machines

3. Online Bank Transfers via the designated payment portal

4. Mobile Money Payments

Operations Plan

(Owner.Name) will serve as the Co-Owner and President of the company, assuming responsibility for overseeing all staff members and managing client relations.

This well-structured team will contribute significantly to the efficient functioning and success of [Sender.Company] , enabling the [Sender.Company] to provide top-notch services to their clients while maintaining the highest standards of safety and financial integrity.

​ [Sender.Company] is poised to achieve several critical milestones within the next 12 months:

These milestones signify [Sender.Company] 's steady progression towards establishing a thriving trucking business.

Financial Plan

Revenue and cost drivers.

The majority of [Sender.Company] 's revenue will come from transportation services. The following are the primary cost drivers for the company's operations:

Truck leases and maintenance

Lease on business location

Marketing expenses

Funding Requirements and Use of Funds

​ [Sender.Company] is seeking (Amount) in debt financing to launch its trucking business. The following is a breakdown of how the funds will be used.

Warehouse build-out: (Amount)

Trucks, equipment, and supplies: (Amount)

Three months of overhead costs (payroll, rent, utilities): (Amount)

Marketing expenses: (Amount)

Working capital: (Amount)

Financial Projections

The company's projected income statement, balance sheet, and cash flow statement are shown below.

Attach all financial statements for the company.

​ [Recipient.FirstName] [Recipient.LastName] ​

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Your rating will help others.

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Trucking Business Plan Template

• Trucking Business Plan

Are you considering starting or growing a trucking business? If so, you need a business plan and you’re in the right place to learn how to complete it!

Whether you’re looking to secure funding and/or make more strategically-sound decisions about your trucking operations and growth, this guide will help you.

Below you’ll learn what to include in your plan and how to most efficiently complete it. So, fasten your seatbelt and let’s show you how to finish your plan and grow your trucking business!

How to Write a Trucking Business Plan

Below are links to each section of your trucking company business plan template:

• Executive Summary
• Company Overview
• Industry Analysis
• Customer Analysis
• Competitive Analysis
• Marketing Plan
• Operations Plan
• Management Team
• Financial Plan

Next Section: Executive Summary >

Trucking Business Plan FAQs

What is the easiest way to complete a business plan for my own trucking company, where can i download a trucking company business plan pdf, what is a trucking business plan.

A trucking business plan provides a snapshot of your trucking company as it stands today, and lays out your growth plan for the next five years. It explains your short term and long term goals, the company’s mission statement, operational plan and your strategy for reaching them. It also includes a market analysis to support your business plans, sales strategy and show your potential target market size. It should also include research to support your plan, as well an operations plan, financial plan and a marketing plan.

A trucking business plan template makes it easy to write this crucial business document.

Is a trucking business profitable?

Although trucking companies vary in their rates of return, the trucking industry as a whole is generally quite profitable when compared to other types of business ventures.

The amount of money you can make is largely dependent on your trucking industry niche, client base, freight services provided, implemented business strategies, and other factors. However, the average trucking business owner earns approximately $56K in annual revenue, though many others have reported earning more than $100K per year after expenses.

Why do I need a business plan for a trucking company?

How do i start a trucking business plan.

To start planning your business in the transportation industry, begin by determining the scope of your business plan. Will you need one to raise capital, or will you seek financing for truck purchases? Are you looking for new investments that are outside the scope of your current cash flow projections? Make sure to research all of these issues before proceeding with writing your plan.

Once you determine the scope of your own trucking business, you will begin to conduct thorough market research and competitive analysis. You should know which region you plan to work in (in the case of trucking companies focusing on a specific geographical region) and whether you want to focus on a particular type of freight (e.g., heavy hauling vs. general commodities). Gather as much information as you can, including competitor profiles and market research reports. This should help you determine your competitive edge, the profile of your target customers and a realistic price range for your trucking services or transporting goods. All of this information will be included in your business plan and will help convince potential investors if you are seeking funding.

What are the 7 steps to creating a successful trucking business?

The 7 steps to making a successful trucking company are:

• Conduct thorough research and analysis.
• Gather as much information as you can, including competitor profiles, industry trends, government regulations and market analysis reports.
• Determine your competitive advantage, ideal target customer profile, and a pricing strategy.
• Meet with an accountant or financial planner with trucking business knowledge to determine what legal structure and business model is best for you.
• Establish a Limited Liability Company (LLC) or Corporation in addition to co-ops if desired.
• Choose the trucking company name carefully and secure all necessary trademarks to prevent others from legally using them in your field of business.

Use a trucking business plan template to write a successful trucking business plan or work with a business plan expert to write a trucking business plan that’s tailored for your particular needs and financial goals.

How much money should I have to start a trucking company?

Starting a local trucking company can cost as little as $10,000 for an individual owner-operator who leases their truck, and as much as $1 million or more for someone looking to have a fleet of trucks.

The biggest startup cost is typically the purchase or lease of trucks: The cost of a truck varies based on the make, model, and condition. On average, you might spend between $80,000 to $150,000 per truck to purchase new trucks. The average cost to lease a truck ranges from approximately $1,000 to $2,500 per month, but you’ll also need a down payment of several thousand dollars.

There are a wide range of other operating costs associated with running your trucking business that you’ll incur. You generally want to have enough capital to pay for 3 months of these costs when you start. Specific costs include the following:

Fuel: The annual fuel cost per truck can range from $30,000 to $70,000, depending on fuel efficiency and distance traveled.

Maintenance and repairs: Budget for routine maintenance costs and unexpected repairs. This can cost approximately $15,000 to $25,000 per truck annually.

Commercial truck insurance: The cost of insurance depends on factors like the type of cargo you carry and your driving history. On average, expect to pay around $9,000 to $12,000 per truck per year.

Operating authority (MC number): The Federal Motor Carrier Safety Administration (FMCSA) charges a fee for obtaining an MC number, which can cost around $300.

State permits and licenses: Costs can vary by state but typically range from $1,000 to $5,000.

Driver wages: The salary for truck drivers varies based on experience and location. Expect to pay an average of $40,000 to $70,000 per qualified driver annually.

Office space and equipment: Costs for an office space, computers, and other administrative essentials can vary widely depending on location but might average around $10,000 to $40,000 per year.

Compliance software and services: Investing in compliance software or services to ensure your company adheres to safety regulations can cost around $5,000 to $10,000 annually.

Marketing costs and advertising expenses: Depending on your marketing strategies, budget for promotional activities, which can range from a few thousand dollars to tens of thousands per year.

How long should my trucking company business plan be?

Will i have to attach expenses and budgets to my trucking company business plan, what is the best business structure for a trucking company.

In the trucking industry, there are several business structures to choose from, including sole proprietorships, limited liability corporations (LLCs), and S Corporations. You should discuss your options with an accountant or financial planner depending on the state you plan to do business in.

Most of the time, trucking companies start as sole proprietorships, which are the simplest and most inexpensive to maintain. You may also establish LLCs or corporations in addition to co-ops.

What are the most important elements in a trucking company business plan?

What are the sources of funding for a trucking business.

With regards to funding, financing options for a trucking business include bank loans and angel investors. With regards to bank business loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financial projections are reasonable. But they will want to see a professional plan, complete with a cash flow statement, income statements, loss statement and balance sheets. Such a plan will give them the confidence that you can run a successful business.

The second most common form of funding for a trucking business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will not fund a trucking business.

How do I find financing for my trucking company?

There are several sources of financing available specifically for established trucking businesses including commercial loans, small business administration (SBA) loans, and credit cards. Many financial institutions can provide a loan of some type to help you get started. All of these can help cover the cost of purchasing new trucks along with other equipment.

Having realistic financial forecasts, backed by research will help secure financing.

TRUCKING BUSINESS PLAN OUTLINE

• 1. Executive Summary
• 2. Company Overview
• 3. Industry Analysis
• 4. Customer Analysis
• 5. Competitive Analysis
• 6. Marketing Plan
• 7. Operations Plan
• 8. Management Team
• 9. Financial Plan
• 10. Appendix
• Trucking Business Plan Summary

Other Helpful Business Plan Articles & Templates

ZenBusinessPlans

100+ Sample Transportation Business Plans and Templates

Transportation services are a key service in the day-to-day running of modern life. Whether you’re commuting to work, running errands, or traveling for leisure, transportation plays a major role in our daily lives. As such, there are countless opportunities to become involved in the transportation industry.

However, when you are thinking about setting up a transportation business, you’ll need to choose an option that has potential, and one that could bring you the success you have been dreaming of. So if you’re looking to start a transportation company in 2023 but don’t know where to start, here are some viable options for you to consider.

Sample Transportation Industry Business Plans

1. box truck business plan.

A box truck, also known as a straight truck, box van, or cube van is a truck that is specifically designed to navigate urban centers without difficulty, making it the ideal option for local freight-hauling jobs. This is why box trucks are often used by companies transporting home appliances or furniture or are used as moving trucks that can be rented by individuals.

2. Charter Boat Business Plan

Note that the rise of tourism has brought so much money into every tourism-targeted business. One of the biggest beneficiaries of this massive inflow of cash has been the boating industry. In this modern age, starting and running a charter boat business is a very lucrative and exciting way to earn a living.

3. Moving Company Business Plan

A moving company provides local and long-distance transportation of household and office goods; warehousing and storage services; packing and packaging services; processing, distribution, and logistics consulting; merchandise sales, and other services.

Professional packers and movers typically offer end-to-end packing and shifting services for individuals, families, businesses, and big organizations. A full-service package will typically include the packing of commercial and household goods, loading, transportation, unloading, and then rearranging according to client specifications.

4. Truck Dispatcher Business Plan

The general trucking industry requires a robust workforce to facilitate the vast range of moving parts it contends with daily. Truck dispatchers play a very vital behind-the-scene role as well as help bridge the gap between customers, drivers, and owner-operators. Also referred to as freight dispatchers, truck dispatchers make sure drivers or fleets have loads to deliver, stay on schedule, and meet customer requirements.

5. Bike Share Business Plan

A bike-share company as the name implies is a company that makes bicycles available for shared use to individuals on a short-term basis for a price or free. Many bike share systems allow people to borrow a bike from a “dock” and return it to another dock belonging to the same system.

Docks are special bike racks that lock the bike, and only release it by computer control. The user enters payment information, and the computer unlocks a bike. The user returns the bike by placing it in the dock, which locks it in place. Other systems are dock-less.

6. Trucking Company Business Plan

A trucking company is a company that is involved in transporting large quantities of raw materials, and finished goods over land—typically from manufacturing plants to retail distribution centers. The trucking industry hauled 72.5 percent of all freight transported in the United States in 2019, equating to 11.84 billion tons.

The trucking industry was a $791.7 billion industry in that same year, representing 80.4 percent of the nation’s freight bill. Available data shows that the industry is currently (2022) worth over $67.3 billion in the United States of America.

7. Freight Forwarding Business Plan

A freight forwarding company is a company that serves as a middleman between transportation services and the shippers.  Freight forwarding companies are tasked with arranging the whole process including the storage and shipment of the goods.

They also negotiate the cost of the transport and choose the most reliable, fastest, and most economical route. A freight forwarding company helps you arrange your imports and exports. They prepare documentation, track cargo, file insurance claims, and do many other things.

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Freight Transport and Distribution

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This book serves as a primer on freight transportation and logistics, providing a general and broad coverage of concepts, mathematical models and methodologies available for freight transportation planning at strategic, tactical and operational levels. It is aimed at graduate students, and is also a reference book for practitioners in the field. The book includes preliminaries, such as mathematical modeling and optimisation algorithms. The book also features case studies and practical real-life examples to illustrate applications of the concepts and models covered, and to encourage a hands-on and a practical approach. The author has taught and published extensively in the field and draw on state-of-the-art scientific research. He has also been part of a number of practical research projects, which underpin the real life examples in the book.

TABLE OF CONTENTS

Chapter 1 | 14  pages, freight logistics, distribution and transport concepts, chapter 2 | 42  pages, location in networks, chapter 3 | 36  pages, transportation and service networks, chapter 4 | 64  pages, routing problems, chapter 5 | 18  pages, integrated routing problems, chapter 6 | 26  pages, green freight distribution, chapter 7 | 12  pages, collaboration in freight distribution, chapter 8 | 44  pages, methodology.

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Air Freight & Air Cargo Shipping: Air Freight Charges, Rates, Costs & Quotes

When you need your goods yesterday, air freight is your best bet. Read on to learn about how air freight works, when you should use it, and how to find the best price.

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Air freight costs and international and express air freight rates per kg

How to calculate air freight cost, air freight shipping prices and costs, air freight shipping rates & charges, are international air freight quotes and air freight prices changing, get live air freight quotes.

Global importers and exporters use air cargo when they need to move goods around the world quickly and reliably. While 90% of imports and exports are shipped by  ocean freight , air freight connects the world faster, cutting China-US  freight shipping time  from 20-30 days by ocean to only three days by air cargo.

International air freight and express freight shipments are not the same things.

Express air freight  is typically handled by one company (such as DHL, UPS, or FedEx) that manages the entire shipment lifecycle and ships door-to-door in under five days. Express air freight shipments are usually smaller than air freight (less than one cubic meter and 200 kilograms).

International air freight  shipments can be significantly larger and may move across multiple carriers during shipment. As a matter of fact, the  largest cargo airplane , the Anatov 225, can hold an entire train.

Pre-COVID-19, international air cargo rates typically ranged from approximately $2.50-$5.00 per kilogram, depending on the type of cargo and available space. Costs rose sharply in February 2020 when COVID-19 began a period of severe disruptions in ocean freight and consumer demand, with air cargo rates reaching a range of $4.00-$8.00 per kilogram. As of early 2023, rates have dropped to around $3.00-$7.00 per kilogram, which is still higher than pre-pandemic rates, likely due to increased fuel and labor costs.

Looking to calculate your air freight cost? If you want a freight quote for your next shipment, just enter your info to get an instant freight shipping quote below!

When it comes to air freight shipping, weight and volume are key factors. Air carriers will charge by either volumetric weight (also known as dimensional weight) or actual weight, depending on which is more expensive.

To calculate volumetric weight for air shipping, multiply the item’s volume in cubic meters by 167. So, let’s say you have a package with the following measurements: W: 40cm, H: 40cm L:40. This means that the volume is .064 (the product of all sides divided by one million). Multiply this by 167 and you get a volumetric weight of 10.67 kg.

If the  volumetric weight  exceeds the  actual weight  of the product, the volumetric weight becomes the  chargeable weight . For light air shipments, you can use this  chargeable weight calculator  to work out whether your shipment will be charged by actual weight or dimensional weight.

If you book freight on freightos.com, no need to calculate your chargeable weight – our platform calculates it automatically.

Get instant air cargo rates

The benefits of air freight.

There are three main benefits to shipping by air:

• Speed  – Airplanes are about 30 times faster than ocean liners. Passenger jets cruise at 575 mph, while slow-steaming ocean liners move at 16-18 mph. That means an air freight shipment can take merely five days from a factory in China to a warehouse in the United States. Use this  transit time calculator , based on data from real recent shipments to get estimates of transit times for air shipping.
• Reliability  – Shipping by air provides better tracking and greater certainty that your goods will get to the right place at the right time.
• Protection  – Goods are more likely to be damaged when traveling by ocean freight shipping than by air shipping. This makes air freight a good option for fragile items.

When shouldn’t I ship by air?

Here are some of the drawbacks to shipping by air:

• Cost  – Air freight comes with a hefty price tag compared to ocean freight.  Comparing air and ocean freight , a medium size 2000 lbs box from Shenzhen, China to Los Angeles, USA, can cost $1,500 by ocean but a whopping $8,000 or more by air. However, with price changes due to supply chain disruptions, this difference may be lower.
• CO2 emissions  – Air freight leads to far more emissions. For example, according to  UK government research , 2 tons shipped for 5,000 kilometers by ocean will lead to 150 kg of CO2 emissions, compared to 6,605 kg of CO2 emissions by air. Definitely not the greenest way to ship.
• Heavy shipments  – Ever since the 1960s, freight shipping has revolved around  shipping containers , which are great for shipping large, heavy items. Air freight is priced based on both size and weight, which can scale price very quickly.

What goods are generally shipped via air freight?

Since air cargo is expensive, it’s usually limited to smaller, high-value goods or time-sensitive items, such as:

• Electronics. Steve Jobs famously purchased the entire available air freight capacity along key Asia-US routes to ship the first iMac prior to the holiday season.
• Apparel. Seasonal trends in clothing can shift fast. As a result, companies generally need to move clothing from factories to stores as quickly as possible. Clothing’s small size and high value additionally make air freight a worthwhile expense.
• Pharmaceuticals. Given their small size and value, medical goods are frequently shipped by air.
• Documents and samples. DHL Global Forwarding actually got started by  shipping ocean freight documents  by air to expedite release along a new West Coast-Hawaii ocean line. Air remains the most cost-effective method of shipping documents.
• Seasonal shipments. Whatever the product is, if there’s high international demand for a product that requires bolstering down a supply chain, it will generally be shipped by air.

Beyond the expense of air freight, which is calculated based on the cost above, the total cost to ship by air will also likely include:

• Fuel surcharges
• Security surcharges
• Container freight station/terminal handling charges
• Airport transfers

In addition, for door-to-door costs, the price will also include air cargo services, including:

• Customs brokerage
• Pickup and delivery
• Cargo insurance
• Accessorial charges

International air freight usage was growing slowly, with less than 1% growth in 2015 among the world’s top  freight forwarders , according to  Transport Intelligence . The International Air Transport Association (IATA) said that air freight growth only hit 1.6% in 2019, down from 5% in 2014.

One reason for this was increased reliance on ocean freight. However, with long delays and volatile transit times plaguing ocean freight, more importers and exporters moved to air cargo.

Since March 2020, air cargo rates have doubled, driven by constrained capacity, limited passenger travel due to restrictions, increased consumer demand, and other factors resulting from the pandemic. On the other hand, air passenger travel is stabilized, freeing up more belly cargo space. However, prices are still high, with importers and exporters often sticking with ocean freight if they can afford the time.

Most companies that import or export goods internationally still do everything in their power to take advantage of cheaper ocean  freight quotes , leaving only the most urgent shipments for air.

Do you need to know the airport code for, say, Shanghai-Pudong International Airport? Check out this handy  Airport Code Finder . It’s PVG, by the way.

Discover More Shipping Insights

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What is a Freight Broker?: A Comprehensive Guide

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Things to Consider When Starting a Freight Business

Matt Everard

5 min. read

Updated February 8, 2024

Free Download:  Sample Freight and Trucking Business Plan Templates

Freight is big business. The transportation of goods across the world is the keystone of modern society, with almost everything we use and consume passing through some part of the freight network. Unless a company is big enough to own a fleet of vehicles, they will need to rely on third parties to deliver their products. Even the world’s biggest corporations rely on specialist freight services for air, rail, and sea transport.

In the U.K. alone, freight forwarding is set to contribute an estimated £21.69bn to the economy this year. This situation is mirrored across the world, and establishing a freight business has never been a more attractive prospect.

There are two major types of freight business—a freight brokerage business and a freight forwarding business. Both sectors have a range of benefits and downsides.

• Starting a freight brokerage business

Freight brokerage businesses generally don’t handle any shipments themselves. They instead act as coordinators, matching suppliers with carriers. For example, a small business might want to send a shipment across the world to a customer. The freight brokerage business will research different shipping options, and then commission a carrier to pick the goods up and transport them to the destination.

The role involves a great deal of communication—soliciting clients, negotiating rates with carriers, tracking shipments, and arranging alternative transport if a problem develops in the supply chain.

Startup costs

At first glance, the required startup capital is fairly low, as brokers technically only need a phone and a computer to operate. However, bear in mind that good logistical software—an essential tool in the modern freight market—can be cripplingly expensive.

Cash flow can also prove problematic in the early days of running a freight brokerage business. Brokers usually take around 20 percent of the fee, but customers typically don’t pay until the shipment has been delivered—and carriers often demand payment up front when dealing with a new broker.

Pros and cons

In some countries, there are few barriers to starting a freight brokerage business, making it an easy target for would-be entrepreneurs. However, many others have introduced strict regulations. For example, U.S.-based brokers must purchase an extremely expensive bond,  and adhere to numerous other legal requirements.

Even if your country doesn’t monitor freight brokers, it’s advisable to seek membership of an accredited industry organization. This will lend your new company some credibility, and help persuade potential customers to enlist your services.

Finding companies to take your shipments can initially be a risky and time-consuming process. You will need to post your loads on an online board for companies to bid on, eventually negotiating a contract with the highest bidder.

Choosing a reputable carrier is essential—unscrupulous companies have been known to hold loads hostage, or simply cancel a shipment if a better offer comes in. However, once you’ve found a reliable carrier and built a working relationship with them, this stage of the process becomes much easier.

• Starting a freight forwarding business

Unlike brokers, freight forwarding businesses often directly handle customer shipments. Depending on the size of the shipment and the destination, a freight forwarding business could collect goods from a customer, store them at a warehouse, group smaller shipments into one larger consignment, and even deliver them.

Like freight brokers, forwarders also commission other carrier companies to handle shipments—particularly when goods need to be transported overseas.

The amount of startup capital needed will vary depending on both the products you will be handling, and the services you will offer. However, it will probably be more expensive than starting a brokerage.

You will need at least one vehicle for transportation, a secure storage facility for shipments, and potentially packing materials. If you’re planning on commissioning other carrier companies, you will also need to purchase logistical software.

One of the main difficulties for a freight brokerage business is handling supply chain disruptions. Transport delays and shipment issues are common, especially when working across international borders.

Although the broker is rarely at fault, late or missing deliveries can seriously harm a company’s reputation—and its income. By taking some of the transporting duties in-house, freight forwarding businesses have far greater control over their service, and are therefore more likely to both attract and satisfy customers.

However, this increased responsibility also leads to increased liability. Where freight brokers largely act as salespeople, freight forwarders actually handle shipments and are therefore subjected to many insurance and licensing regulations. These regulations increase exponentially when operating overseas, so keeping up-to-date with international customs and transportation laws is of the utmost importance.

• The specialist touch

Both freight brokering and forwarding are highly competitive niches, and the market is saturated with generalist companies—many of them large and powerful. Becoming a specialist company, with a focus on a certain type of shipment or transport method, is a good way to stand out against the competition.

Specializing in a particular type of shipment—such as abnormally heavy loads, student moves, or fragile products—will significantly reduce your customer base. However, this is not necessarily a disadvantage. Reputation and relationship-building are important in freight, and a smaller customer pool allows you to spend more time developing relationships with your clients.

By focusing on an excellent, personalized service within a small field, a new forwarder or broker can rapidly establish themselves as a reputable company with a loyal customer base.

• In conclusion

Depending on your location, running a freight brokerage business could be the most cost-effective way to join the industry. However, freight forwarding businesses have more control, and those offering specialist services have a real opportunity to grow a valuable company.

Regardless of your chosen path, you will need a great deal of knowledge in order to be successful.

The best place to start is by thoroughly researching international customs legislation, transportation rules, and insurance laws. Then document how you will run your trucking business by writing a business plan.

Check out our freight trucking business plan example and free template to get started.

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Matt Everard is the CEO of Barrington Freight, a UK- based logistics company. Overseeing the business, he is particularly active within the marketing and business development sectors of his company. He has grown the business into an established force within the shipping industry, with high profile clients across the globe.

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