If you want to become a truck driver and you wondering in which type of trucking services to get involved in, you need to find the service that will give you the higher profit margins on an annual basis.
Being the head of the trucking business makes you person that is responsible for everything including the success and failures. You need to open your eyes widely to catch every glitch, to cut the expenses that can kill your profit, to have proper maintenance of your trucks or to maintain FMCSA good safety rating or to… or to… There are too many things that you should be aware when you are in this business.
The burden on your shoulders can be lighter if you find a way to increase your profit. How to succeed in that?
When you are sailing in these waters you need to calculate your expenses and your profit to have clear view of the annual profit. I can make a suggestion for you to give you directions how to choose the service that in long term will be nothing but profitable for you.
When we talk about increasing your transportation profit we should focus on the reefer trucks service. A Reefer is slang for Refrigerator truck which is vehicle specially designed to transport temperature sensitive cargo.
Reefer trucks are specially cooled with a cooling system that uses carbon dioxide like a cooling agent or they are cooled with a system that uses diesel engines. In fact, the reefer trucks are just a Class 8 trucks that is connected with reefer trailer.
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Don’t mix ventilated vans with reefer trucks, because ventilated vans use just a system for ventilation to cool the space a bit to transport in most of the cases fruit from place to place but in a short run.
Ventilated van cannot achieve low level temperature for cargo that needs to be kept in constant low temperature during the transport, for that case the reefer trucks are specially designed.
In the past, the transport of temperature sensitive cargo was not in the level like today and that was all because of the technology limitations in that point.
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The beginning of reefer trucks start with placing blocks of ice in the trailer to cool the goods for a while, it was very useful but not for long routes; we know that the ice would melt in some point and the cargo would stay not protected.
There was a second wave in 1925, when were designed the first mechanical reefer trucks. They were used and placed in public by the ice cream industry.
Since the year of 1925 the technology takes a swing in this area and developed reefer trucks that are modern and resistant to the influences of the external conditions.
In 1939, USA has 2000-2500 mechanically cooled reefer trucks and the number today is count in millions.
We know that when we buy some product the price can vary from manufacturer to manufacturer, from size to size, model to model and shop to shop, the same thing applies to reefer trucks.
I will return in the part where I mentioned the investment, actually that every trucking service has different start up investment. Starting a business with reefer trucks is more expensive than other trucks. Let’s see how more money you will need to buy reefer trucks.
Source: www.ccjdigital.com
The price of this type is 30% higher than buying let say box truck. In other words, if a box truck cost $90,000 a reefer truck with same specifications (size, power…) will cost $100,000 or more.
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If you are used to working with dry van truck, box truck or flatbed truck and you never tried to work with reefer truck, it is time to start!
Do not worry about the money that you will spend in the beginning; reefer trucks will give you three times more money at the end of the year. Below you can see the advantages of reefer truck services over other services.
Source: www.bobchoat.com
Source: www.mackenziejones.com
So YES, you are having a bigger expense in the beginning but at the end of the year, you will get more than $30,000 increased income on an annual base.
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