By now, it’s easy to see that everyone’s operating margins are being seriously squeezed.
In an effort to force some sort of helpful response, some made a plea to FXG asking for assistance in various areas to solve a worsening financial situation.
Trust us when we say that FXG is very aware of the plight of CSP & TSP’s.
But now, there is another added challenge that has reared its head. This one, along with inflation not seen for generations, is going to create some unprecedented financial problems that will test even the best operators…
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Topics:
Business Results,
Bookeeping,
Training,
Intelligence,
Business Metrics,
Negotiation,
Profit,
consulting,
Money,
Cash flow,
Inflation,
Costs,
recession,
expenses,
renegotiation,
Financial,
Rates
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
It's been a while.
Yes, we know that it has been a while since we released anything new and exciting to help you run your business.
But good things come to those who wait!
We want to give you a sneak peak at the new "Contractor Business Intelligence Dashboard"....
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Topics:
Business Tools,
Compliance,
FedEx,
Intelligence,
Ground,
Business,
Metrics,
Dashboard
Today, we'd like to announce a new initiative for 2016 that is aimed at helping you run your business better!
We would like to announce: eTruckBiz University!
The purpose of eTruckBiz University is to be a source of continuing education and business training that you and your supervisory people cannot get from FXG. It is a way for you to get away from the daily grind so you can put things into perspective.
It is essential Business Training For FXG Contractors!
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Topics:
Business Tools,
Classes,
Training,
Intelligence,
Business Metrics