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Why Do Most Trucking Companies Fail?

Building a successful business is difficult. According to data from the U.S. Small Business Administration (SBA), approximately 20 percent of new companies fail in the first year. Another 10 percent fail in the second year. For a number of different reasons, the business failure rate may be even higher in the trucking industry. In this …

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What is the Best Trucking Business to Start?

Trucking is one of the hottest industries in the country. Earlier this year, Bloomberg News reported that a severe shortage of qualified truck drivers, among a wide variety of other things, is spiking freight rates. Business Insider reports that the current conditions are expected to persist well into next year.  There are many opportunities available …

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Top Five Books to Read When Starting Your Own Business

Building a successful business is complicated. The good news is that there are many books on the topic that offer invaluable wisdom. The challenge is that there is so much material that it can be all but impossible to know where to start. At Suivant Consulting, we are committed to helping entrepreneurs find solutions. Here, …

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How Do I Start a Trucking Business With One Truck?

Our country has a shortage of well-qualified commercial truck drivers. In fact, the American Trucking Associations (ATA) recently estimated that the United States will be short of more than 150,000 truckers by the end of this decade. While building and growing a successful business is never easy, the outlook is strong for those who are …

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Starting a Trucking Company With No Experience

Trucking is one of the most important industries in the United States. A huge proportion of our nation’s products are transported partially or primarily on large commercial trucks. There are serious worries over the lack of qualified truckers. Recently, the American Trucking Associations (ATA) estimated that the country may be short by as many as …

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Can I Start a Trucking Company Without Having a CDL?

Trucking is one of the most important industries in the United States. According to data provided by the American Trucking Association (ATA) nearly three-quarters of our country’s total freight is moved by large trucks. A recent report put the total size of the American commercial trucking industry at $1.1 trillion—and it is expected to grow …

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The Current State of the Trucking Industry

Those who have been in the trucking business have witnessed significant changes in the operation of trucking businesses. Like any other industry, trucking businesses have had their ups and downs which have affected the functioning and how work is received. It is essential to look closely at the current state of the industry because the …

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What Are The Best Trucking Markets to Enter?

Picking the right trucking market is essential to trucking business owners for the survival of their business. Therefore, it becomes an important decision that requires careful consideration and professional advice. Like all the other industries, the trucking industry was also affected by the pandemic in 2020. Spot load market increased from an average of about …

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How to Start a Logistics Business

There is no easy company to start and run because of barriers to entry, regulations, and the certainty of competition. Therefore, if you need to start a logistics company, you need to research the market and revenue generation thoroughly. Most importantly, you need an experienced professional by your side for advice and solutions to a …

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What Is A Business Consultant?

The current economic environment requires businesses to find ways of increasing revenue and overcoming challenges. The easiest way to achieve these objectives is to work with an experienced consultant who will help increase efficiency and performance. Consult an Atlanta business consultant today if you are considering starting or scaling a business. So, what is a …

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