Timely Trucking, a medium- and long haul dry van trucking business, is based in Portland Oregon. It was founded by Jim Kerrigan (a veteran entrepreneur). Timely Trucking serves businesses in the Pacific Northwest, with plans to expand to Washington, Idaho and Montana. Timely Trucking will have a strong reputation for providing prompt and accurate service. It also offers sophisticated Web and software functionality which allows clients to seamlessly align their business with Timely Trucking&#8217. Jim Kerrigan, the CEO, will oversee the operation. He is also the Chief Operating Officer.

Timely Trucking can easily be launched with an investment of Jim Kerrigan or some investment by other investors. The business will be launched with three 18-wheeler trucks and will expand its operations to utilize eight 18-wheelers by the end of its third year, using auto loans to finance this expansion. As the business grows, the gross margins will reach 60%. This allows for substantial profit at the third year.

Beyond three years, the business will seek to expand to additional bases of operation in the Northwest and to add trucks with refrigerated and temperature-controlled trailers. This business will be offered for sale to national freight-hauling services that are looking to expand their operations or increase their presence in the Northwest.

Objectives

Timely Trucking plans to service businesses in the Northwest United States, including Washington, Oregon, Idaho and Montana with truck-based delivery services.

Timely Trucking will aim to achieve these objectives within the first three year of its operation.

• Establish bases in Seattle. Spokane. Portland. Cheyenne. Boise. And Billings
• 8 18-wheeler trucks and dry van trailers purchased
• Hire 10 full-time truck drivers
• Get strong revenue in the third year based on 1.2million miles of hauling

Mission

Timely Trucking can simplify the distribution and delivery of goods to Northwestern companies, making them a trusted partner in running their business efficiently and effectively. Timely Trucking will use management of logistics, on-time, accurate deliveries from destination to destination in the Northwest, and partnerships with distribution centers and warehousing businesses to achieve its goals.

Keys to Success

These are the keys that will make you a success in the trucking sector:

1. Strong communication systems between drivers and clients via bases and clients
2. Setting delivery schedules that can be met (i.e. Setting the right expectations
3. Hiring and retaining reliable, safe drivers
4. Understanding clients’ goals and helping them to find the right distribution solution that will create long-lasting relationships