The trucking business can be quite profitable. If you want to earn a living using this industry as your means of earning means, then you can lead a very happy life. Trucking companies are easy to establish and you can choose from a wide variety of options. There are multiple niches that you can explore while in the trucking industry.
If you have contacts with a reliable broker authority, and you have some money to pay for the startup cost, starting a trucking company can be quite profitable. Here are some niches in the industry that you can explore and some tips to make your venture successful.
Trucking Industry Niches You Can Explore
If you want to enter the trucking industry, then you are at a benefit. There are plenty of options that you can explore and multiple target markets that you can hit. One of the biggest advantages is that, no matter what niche you choose, you will always stand a chance in the market as trucking can never go out of demand.
Here are some of the most popular trucking niches that you can explore and find the best me for yourself.
1. Local Pick And Drop
One of the easiest and smallest business setups that you can explore within the trucking industry is to provide local pick-and-drop services. You can either register yourself with the local business and provide their employees pick and drop or you can buy a few buses and link them with the local school. This is one of the easiest ways to earn money in this industry.
If you have trailers, you can provide delivery services to local farmers. Farmers are always looking for reliable ways to transport their fresh produce from the farm to the market, without any damage. You can haul fresh fruits, vegetables, dairy products, chickens, cattle, and other organic products from the local farms to the city market. However, to be in this market, you need to have purpose-built trucks with facilities to keep the agricultural produce fresh and unharmed.
3. Delivery Services
Providing delivery services opens new horizons for your trucking company. There are several options that you can explore within the delivery truck business. For example, you can be a delivery man to
- Local pastry shop
- Local flower shop
- Post office
- Small businesses such as food businesses, clothing shops, stationery shops, pharmacies, etc.
This niche is particularly easier to enter because you do not need big trucks for the job. You can own a few vans and trailer trucks to provide quality services.
4. Garbage Trucks
The garbage trucking business is often ignored because people think you have to physically handle the garbage by yourself. However, this is not the case. You can run a profitable garbage disposal business by providing trucks and hiring employees to do the dirty work. Even if you are a garbage truck driver, you do not have to handle the garbage by hand. You can hire a second man as well.
5. Trucking Interstate
Big cargo trucks are much more profitable as you have a larger customer base. You can haul cargo within the state. All you need is big cargo trucks that will haul the cargo from the warehouses and storage facilities to the clients. The benefit of being interstate is that you will not have to get highway permissions. You can operate within the state limits without any complications.
6. Trucking Intrastate
You can also extend your trucking business between two states. However, for this market to target, you will require an extra set of permits. You will need to confide with the parent state as well as the host state authorities. You will also have to follow the laws on the highway to stay away from authorities.
Making Your Company A Success
You can easily enter any of the above-mentioned niches in the trucking industry and make your company profitable. However, to be successful in the trucking industry, you have to make sure that you are following the legal protocols related to the industry. If you are providing quality services to your associated clients, and you have more satisfied clients than customer complaints, then you can make sure that your venture is a success.