Image by Lytx
This blog post is written by our friends at Lytx.
Why are KIs important to your business? We explain everything, from the metrics that matter the most to KI fleet management tips.
Keeping track of fleet management metrics is necessary in order to make objective decisions and improve performance over time. Tracking KIs is an important aspect of measuring efficiency and productivity and is integral to identifying problems and making corrections. Safety KIs, in particular, are essential to keeping your fleet running at optimum levels while ensuring minimal risk.
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Topics:
Business Tools,
Business Results,
Compliance,
Training,
Business Metrics,
FedEx Ground,
Business,
Investment,
safety,
coaching,
vedr
We recently caught up with two guys heavily involved with building successful transportation companies to ask for their insights into 2021.
The first expert is a long-time CSP from the Midwest, Tracy Taylor. The second is the founder and CEO of eTruckBiz, Jeff Walczak. Both have spent the better part of their careers in the FedEx Ground arena. We engaged in a fast-paced conversation to produce our most recent Truck Talk podcast episode.
Some of the insights may surprise you.
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Topics:
Business Structure,
Business Tools,
Business Planning,
Training,
Intelligence,
Business Metrics,
ISP,
FedEx Ground,
Business,
Negotiation,
Metrics,
Profit,
leadership,
safety,
coaching,
Scheduling
This week’s blog is the first in a two-part series of posts by Bob Tiell, an eTruckBiz Coach, who resides in Lexington, KY. His experience includes years of operational management at FedEx Ground.
Goal Setting - Business Plans and Safety
Even though we're in the middle of peak, it's time to start planning our next twelve months. If planned well with the right goals set at the beginning of the year, we can make peak 2021easier and more efficient for everyone involved. If you haven't already started thinking about your 2021 goals, perhaps you'll find some helpful direction and starting points in this brief blog post.
Let's start with the likelihood that your company has grown throughout the years, and you’ve probably added supplemental routes. They then became full routes (after FedEx Ground approval).
Plus, you've probably added more drivers and a BC, or two, over the years. What's next?
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Topics:
Business Structure,
Business Tools,
Business Planning,
Intelligence,
Business Metrics,
ISP,
FedEx Ground,
Business,
Metrics,
Profit,
leadership,
safety,
coaching
For more than 8 years, we’ve been building products & services to help CSP’s transform the way they approach running their businesses.
Recently, the FXG model itself has been transforming in unprecedented ways. For most CSP’s , the days of being a “hands-on” operator are gone, and the need to provide leadership & management through systems, processes and people are quickly being implemented. The days where you or your BC’s could “jump in a truck” to fix things are gone.
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Topics:
Business Structure,
Business Tools,
Business Planning,
Timekeeping,
Bookeeping,
Intelligence,
Business Metrics,
ISP,
FedEx Ground,
Business,
Negotiation,
model,
Metrics,
Profit,
leadership,
safety,
coaching,
Scheduling,
Dynamic Route Optimization
An Extra Set of Eyes
Dustin Franz bought an RPS route twenty years ago in Pasco, WA. Today, he's a successful FXG contractor with multiple routes. He's traveled an interesting path to profitability.
Buying a route was his first time owning a business. Much of how he learned to deliver packages came from his own experiences plus talking to contractors in his terminal.
Others taught him what they had learned from their own mistakes, and they really couldn't teach him how to be more profitable any faster. It was no fault of their own. They hadn't been trained themselves.
Dustin performed some online research and determined he needed outside assistance.
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Topics:
Business Structure,
Business Tools,
Business Results,
Management,
ISP,
FedEx Ground,
contractor,
Profit,
coaching