We are a PA based, pre-operating flatbed trucking company looking for funding. We will focus on the steel manufacturing and the building supplies industries.
Please review the Summary. We are seeking $5-$10 million. There is a high ROI and opportunity for long term profit gain.
- Additional Business will include freight brokerage tied into Company.
- Already have long-term contracts ready to sign, dedicated accounts, and huge customer base in place.
- We will be aligning ourselves with various Veterans Programs, to aid in the transition of veterans to civilian careers.
- All terms are negotiable and would depend on your interest as a short term (5-6 years), or long term partner (10+ years).
- We have the experience, knowledge, drive and customer base to succeed.
A detailed business Plan available. Below are a few initial documents regarding this project.
- P&C Trucking Summary
- Trucking Company Projection
- Forecast to 2026
- Commercial Service Center Projections
- Pitch Deck
A-Typical Questions and our answers to them.
- Do you or your company have any financial difficulties or encumbrances that will risk investors capital? There are zero personal financial difficulties that would invoke risk to the investors capital.
- Elaborate on the potential future growth of your project/business? The U.S. Freight Transportation Forecast that was compiled by the American Trucking Association (ATA), predicted major growth in the trucking industry by 2022. In 2010, the trucking sector accounted for 81 percent of the total revenue and 67 percent of tonnage for transportation companies. The forecast suggested that overall revenue for the industry will rise nearly 66 percent and tonnage will increase 24 percent by 2022.
- What percentage of equity are you willing to offer to the investor, should he/she invest the full required capital in Project? With the information we have gathered from several forums and publication, such of Forbes Business, in regards to the appropriate percentage of equity, which varies from 10% – 35%, we would be willing to offer 15 % ownership to investor.
- Besides the required investment amount, Will there be any other additional capital requirement for your project? At this time, the project projections indicate that there shouldn’t be a need for other additional capital outside of the requested investment/loan. Unless the acquisition of another company presents itself. Which might be likely 5-6 years down the road, maybe sooner.
- What are the economic risks which are associated with your project? As with all industries, there are inherent risks to an operation. For the trucking industry, here are the top ten, with observations:
Fuel Costs.After ranking 1st in 2005, 2nd in 2006 and 3rd in 2007, fuel once again attained the top ranking. Though motor carriers in 2008 aggressively sought to recoup fuel cost increases with fuel surcharges, the industry simply could not keep pace with the unprecedented rise in diesel fuel costs.
Economy.As high fuel prices, a deepening credit crisis and rising inflationary pressures take a greater toll on the US economy, the industry is pressed by increasing regulations, slumping demand, excess capacity and increases in both fixed and marginal key cost centers.
Driver Shortage/Retention.Although the persistent sluggishness of the economy relieves some pressure, respondents clearly remain concerned.
Government Regulation.Though primary safety regulation is the mandate of Federal Motor Carrier Safety Administration, carriers face other significant regulations imposed by federal, state and local authorities.
Hours-of-Service.Hours-of-Service (HOS), was the top ranked issue in 2007. It slipped four places in 2008. In 2008 however, concern over potential changes in HOS regulations has been supplanted by issues that are having a more direct impact on carrier operations and profitability.
Congestion.Though the issue has seen a steady increase in rankings since 2005, its drop from 4th place in 2007 to 6th may be explained by recent declines in vehicle trips and vehicle miles traveled resulting from fuel price increases for all road users.
Tolls/Highway Funding.These issues have gained prominence from several events, including the US Department of Transportation announcement that the Highway Trust Fund was running out of money and the rejection of a congestion-pricing program in New York City.
Environmental Issues.The proliferation of anti-idling regulations and other emission reduction initiatives sought by more state and local governments has created concern that the compliance costs may exceed benefits.
Tort Reform.It seeks to minimize industry harm caused by inequitable and excessive civil judgments against trucking firms. The trucking industry, reflective of many other industries, seeks to clarify the distinction between civil tort liability and punitive damage awards.
Onboard Truck Technology.The industry understands and supports many of the potential benefits of these technologies, even though many questions remain. The most prolific technology topic is Electronic Onboard Recorders (EOBRs), most often cited as a potentially effective tool for monitoring HOS compliance.