For Full Tilt, competing with other Nevada trucking companies means staying savvy.
At Full Tilt Logistics, we’ve grown rapidly and worked diligently to position ourselves alongside other Nevada trucking companies since our creation in 2014. Full Tilt Transportation has exploded too, with rapid growth since its founding in 2017. With such expansion in both the logistics and transportation branches, there also come many challenges. Our logistics and trucking companies are growing quickly, but anticipating and preparing for every issue associated with growth is never easy.
The business plan is essential.
For Full Tilt, completing a business plan was step one. Of course, nothing ever goes according to plan; however, the business plan forced us to put in writing an actionable plan with realistic goals, estimated costs, and a concrete timeline. Our business plan is a living breathing document that requires frequent performance measurement and evaluation. This then translates into an operating plan.
Good trucking companies adapt continually to environmental factors.
A good operating plan must be adaptable to changing market conditions. Many of these conditions, like fuel costs, are out of our control, but they still require us to respond. Other costs such as insurance, driver pay, benefits, and overhead are easier to estimate and plan for the long term. Regulations, safety, training, and other topics are also factored in to estimate the average price per mile. That helps determine if we break even, lose money or make a profit. We regularly review the plan to identify areas where costs can be trimmed, or revenue can be increased. Our staff is aware of general market conditions, making them quick to react to change.
Well maintained trucking equipment means increased on-time delivery performance.
Understanding maintenance requirements are also critical. For this reason, we operate within our fleet a combination of leased and purchased equipment. Leased equipment can lower costs in the short-term, while purchased equipment and a solid preventative maintenance program can lower long-term costs. Working and well maintained leased and purchased equipment ultimately increases on-time delivery performance for our customers.
Shipping lanes and timing are critical to finding the most profitable options.
All of the aforementioned costs are overlaid with various trucking lanes to determine the best, most profitable options for our customers and ourselves. Identifying niche markets helps provide the highest return for the company. Understanding cash flow requirements, payment terms and aggressively manage and mitigate our receivables. We aggressively focus on a market segment, become proficient in that segment and then attack another market opportunity.
Freight doesn’t move on trucks, it moves on relationships.
Picking the right business partners is vital to our success. As a small local family-owned business, our philosophy is to support similarly situated businesses in our area. Whether it be banks, equipment and service providers, technical support or anything else we look to local providers first. This has allowed us to develop strong business relationships within the local community. We contribute financially and with in-kind service hours with several local non-profit organizations.
Good employees define an organization’s culture.
Even with proper planning and foresight, our rapid growth would not be sustainable without the most proficient employees in the industry. Our employees are the lifeblood of the company and we treat them with great respect. We place high expectations on our employees, but giving them respect means that they deliver. Attracting the best people to any company is challenging, especially in such a tight labor market; however, retaining exemplary employees is a high priority for us at Full Tilt.
We focus our company’s culture on family and we encourage our employees to realize family comes first and working at Full Tilt is just a job. Our employee turnover is low, and we realize a happy employee makes for a happy customer. We thoroughly train employees, pay well, provide an attractive benefits package and a safe, positive, workplace environment.
For Full Tilt, the bottom line is clear:
- Be disciplined, create a winning strategy, and stick to it.
- Communicate with employees, customers and service providers.
- Pay attention to the details and have fun.
Connect with Full Tilt Logistics and Full Tilt Trucking
Streamlining, consolidating and outsourcing your logistics processes can result in huge long-term financial savings and better overall client service. Connect with Full Tilt Logistics and learn what our Nevada trucking company can do for you. We’re here to help you achieve your overall shipping needs and exceptional freight brokerage services. We are always happy to answer any and all shipping and logistics related questions. We’re here to provide you with the best freight customer service possible.