Company Description
Services
AM Trucking is a trucking company that provides a range of hauling services specializing in rock and production water hauling. The main service provided by this trucking company will be hauling foundation rock for a rock crushing company and delivering it to oilfield production pads and roads. Additional services will include occasionally providing a heavy equipment towing from multiple Oil companies land leases.
Market Place
The market place is the Power river basin in Eastern Wyoming that is in need of trucking companies to sustain the demand required by the oil boom that is occurring in Eastern Wyoming. AM trucking can Fulfill the need for competent, reliable and reasonably priced trucking company. By
…show more content…
AM trucking strives to provide superior trucking at competitive rates to the oil and gas industry in Wyoming’s Powder River basin.
Market Analysis
Industry Description and Outlook
The trucking industry is the “life blood” of the United States economy. Carrying 9.2 billion tons in freight accounting for a little over 600 billion dollars in total revenue. (7: http://tinyurl.com/n5hfx3r)Whiles these numbers represent the trucking industry as a whole, AM trucking will be specializing in a certain field known as “oilfield trucking”. Oilfield trucking is largely dependent on the oil and gas industry, which is continually booming. With fossil fuel rich regions in Wyoming, North Dakota and Texas, the United States is set to surpass Saudi Arabia as the biggest oil and gas producer in the world. (6: p39lj94). With such a positive outlook for the future of the oil and gas industry, it insures a positive outlook for the oil field trucking industry, because everyone needs trucks, from moving rigs and equipment, to hauling oil and water away, and ‘frack’ sand and base rock. “Right now, every company is hurting for that.”(In reference to oil field trucking companies) (7: n5hfx3r)
Target Market
In order to minimize risk, it is imperative to get at least one of these target markets under contract to guarantee work. All of the target markets will be
“People think about trucking as a meat and potatoes business where you pick something up and then deliver it to a destination, but it’s not that simple, it’s a highly competitive business, and in order to thrive, firms need to implement innovations that will give them a competitive edge.”
Organizations are constantly being challenged to identify ways to reduce operating cost, increase equipment capacity and utilization. There are many variables in why we see continued increases. One of the major effects is raising fuel cost. Companies are constantly battling this variable. This is not the only issue facing companies today. But it is certainly a concerning one to companies who rely on fuel for their company to thrive. These challenges are aligned with rising material costs as well. The economics of transportation affects the lives of all U.S. citizens and citizens of other nations. The
Intermodal. Intermodal is the form of moving freight utilizing multiple modes of transportation. One of the most common is rail and truck. Typically, a trucking company will pick up a trailer or a container at a customer’s facility, take the product to a railroad intermodal yard to normally be shipped several hundred miles away (although shorter hauls are becoming more common) to arrive at another railroad intermodal yard to be unloaded and picked up by a trucking company to take the goods to the final destination. The nation’s railroads have focused on this segment of business in the last several years due to a sharp decline in hauling coal. Coal has always been one of CSX’s main sources of revenue. “Railroads wrung efficiencies out of their costs, and discovered that if you make even a little money on a lot of volume, you're soon talking big bucks.” (Frailey, 2011, p. 1) CSX has utilized their own trucking brand to deliver trailers from or to intermodal yards cutting out the additional company in many instances. In this segment of the business strategy, CSX was behind its competitors. The main competitor is Norfolk Southern which operates in the eastern United States just as CSX does. The reason that this information is important is due to investments in infrastructure. Many people do not know that generally the railroad have to fund most of their track maintenance and improvements out of their
This paper is an analysis of Road King Trucks’ new project which is introducing a new product into its product line. I will decide whether run the project or not. Six issues will be discussed as follows 1) importance of energy cost; 2) project’s cash flows; 3) cost of capital; 4) choose an engine 5) evaluation 6) accept or reject.
The question that has arisen from this shift is whether or not the Canadian oil and gas industry inclusive of the upstream, and midstream sectors, has a net positive benefit to Canada. This essay will explore and seek to understand the myriad of issues that this industry faces daily.
The company has a broad customer base. Their fleet consists of more than 3,500 trucks, all of which serve thousands of points throughout the U.S., Canada, Mexico and the Caribbean. They also international transportation services to roughly 100 different countries and more than 300 foreign destinations around the world. The majority of their business is located in the southern and eastern part of the country. Their customer base is mainly large retailers and automobile industry, but also you’re well known third party logistics companies
B. (2010). By learning about the many types of data that comes from Huffman Trucking, we can exemplify the data that constructs with in the database setting such as the attributes, constraints and the relationship.
As the leading transporter of North America’s top commercial, retail, and industrial goods, YRC freight is always on the lookout for dependable drivers. If you have got what it takes to be part of the family, then make sure to peruse these competitive YRC trucking jobs:
In addition to the objectives stated above, management wished to evaluate an alternate mode and methods of transportation. The company could stop the use of the freezer cars for delivery up to Butte, Montana, and use trucking instead. The delivery to the retail outlets would also continue to be done by motor carrier. It was decided that if any changeover is economical for the company and the new system (if any at all) works well for Tender Most in 2011, in subsequent years, similar feasibility exercises could be carried out for other products. The cost for common-carriage TL transportation was estimated to be $12.60 per cwt. from Kentucky to Butte, MT (minimum load of 30,000 lbs.). The lead time for this option is 3 days with a standard deviation of ½ day.
America must wean itself off of dependence on foreign oil, and one valid solution to this problem is offshore oil drilling and production. America’s economy is heavily based on petroleum, as though it is the nation’s blood; a necessity for survival. About 25% of oil produced in the U.S. comes from offshore rigs. Most of the U.S. coastline has been off limits for oil drilling since the early 1980s. Due to environmental concerns after an oil spill off the coast of California in 1969, an offshore drilling moratorium was imposed. Since then, the U.S. has amplified its energy consumption to where it uses nearly 25% of the world's oil. Meanwhile, the U.S. produces about 10% of the world's oil. That has made the U.S. heavily reliant on imported
For thirty four years, Intercity Lines has worked with “snow birds,” individuals who are looking for a reliable and convenient way to bring their beloved cars with them to warmer weather for the winter. These snow birds have been some of our most loyal customers over the years, relying on Intercity to transport their cars safely from their driveway in the north to their driveway down south so they can have their most prized vehicles at all times, regardless of where the season takes them. Intercity Lines is a family owned, small business, and we take pride in providing the highest level of quality and customer service in the industry. Our experienced drivers have fully enclosed trailers and give each car the white glove treatment, keep the
Each Truck takes 36 m3 / load with 128 m3 / hr to get 0.28 hr/load.
(About Werner, n.d.). This wide variety of services allows Werner to compete in the industry, as does their quality trucks, professional drivers, modern technology, and global reach.
Information about competitive transportation services will be gathered. Questionnaires will be distributed to students and faculty of Kent State University in order to gather customer insight. Also, a financial consulting firm will be hired to provide professional assistance.