Roadmap continues:

Metrics:

  • Fuel consumption

  • Average delivery time

  • Operating costs

Success Metrics:

  • Fuel consumption reduced by 5%

  • Average delivery time increased by 10%

  • Operating costs reduced by 2%

Risks:

  • Drivers adapting to change

  • New fuel-efficient driving techniques may not be effective

  • Route planning and optimization software may not be accurate

  • Automation of back-office tasks may not be feasible

  • Compliance -EDL Log Book, regulatory license and taxes

Mitigation Strategies:

  • Provide drivers with training on new fuel-efficient, driving techniques

  • Conduct pilot program to test driver efficient driving techniques

  • Select route planning and optimization software that is proven to be effective

  • Use a phased approach to automating back-office tasks

Chin & Hunt's Trucking LLC Roadmap

Goal: Improve efficiency, productivity and structure

Objectives:

  • Reduce fuel consumption by 5%

  • Increase average delivery time by 10%

  • Reduce operating costs by 2%

  • Training’s, policies and compliance -FMCSA regulations

Key Initiatives:

  • Improve route planning and optimization

  • Automate back-office tasks

Timeline:

  • Q1 2024: Implement new fuel-efficient driving techniques as per regulatory body

  • Q2 2024: Improve route planning and optimization

  • Q3 2024: Automate back-office tasks

  • Q4 2024: Training, policies and compliance -FMCSA, new strategy

Budget forecast:

  • market trends