Are you Searching for a way to calculate Truck Depreciation Rate? Well, you’ve come to the right place! We will guide you through the process of calculating depreciation rates for your truck in a simple and easy-to-understand manner. In this blog, I will show you an example of a 32…
Calculating the logistics cost is always a challenging exercise for the transport owner. While charging a price it needs to be affordable to the load owner, reasonable to remain competitive, and profitable to stay in business. The cost charges are determined by a variety of factors, including the trucks, number of players, fixed and variable costs, and much more.
Technology has enabled load owners to dispatch their consignments in a variety of ways. However, with so many options comes the challenge of locating the best truck service to ensure safe and secure delivery. There are numerous common factors to consider before signing the dotted line with the truck owner. To begin, consider Google reviews, pricing, and handling capacity.
The primary responsibility of ULIP is to connect various ministries and establish a single point of contact in the logistics sector. It is a collaboration between government agencies, private sectors, service providers, shippers, and consignees. The time spent obtaining approval from various ministries is now completed at a rapid pace with compromising confidentiality.
Logistics has become the lifeblood of economic activity, and innovation in this field has grown over the years. The various technological tools introduced assist load owners, truck drivers, and truck owners. Online truck booking platforms with SIM-based tracking or GPS systems, digital payments, electrical trucks, interface-based automation, and TMS are some.
The emergence of online platforms was aided by technological empowerment. It provides numerous advantages, including opening regional office branches. Regional language promotes comfort and stability for the client. For doing business with the locals, transportation companies can easily capitalize on the cultural ecosystem and understand the terrain of the land.
According to the National Highway and Traffic Safety Administration, there are believed to be fatalities in 5,000 of the 500,000 trucking accidents that happen in the US each year. Truck drivers are listed as one of the ten most hazardous occupations on the “Time Magazine” list yearly. Truck drivers rarely…
Understand the challenges that container truck drivers face in their business and how they can overcome them. Also understand how FR8 can help truck drives grow business
Road transportation is an important factor in any economy’s development. The transport sector in India is large and diverse, with trucks carrying nearly 80% of all freight. The Indian trucking sector contributes about 4.5-5% of GDP and accounts for 80% of the transportation sector’s contribution to GDP. The Indian trucking industry has seen phenomenal growth and will continue to do so in the coming years.
Evolution of our Job descriptions in the past 6 years of FR8 We now mostly recruit freshers from campus and laterals through referrals. Either Vasanth or myself are part of the interview process. We interview for alignment with our culture rather than skills. This was possible by our hiring and induction process…
Employee motivation is the passion, eagerness, energy level, commitment, and level of creativity that an employee brings to the organization on daily basis. Motivation is derived from the Latin word, “movere” which means movement. Thus, motivation is a behavior, and one needs to embrace this behavior in order to achieve…
