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The Best Ways to Save Money Transporting Heavy Equipment

heavy equipment

The Best Ways to Save Money Transporting Heavy Equipment

Many fleet managers and owners eventually need to transport heavy equipment. Although that can be a costly endeavor, there are some practical ways to make the costs more manageable.

Understand Which Factors Affect the Overall Cost

Numerous aspects help determine the estimated costs for hauling your load. For starters, as the size of a piece of equipment goes up, so does the number of people getting the cargo ready for the journey and operating the trucks that bring it to the destination.

Additionally, some equipment needs a forklift or crane to move it onto a vehicle, such as a flatbed truck. In such cases, the costs would be higher than if there was no need for that extra equipment.

It may also be necessary to use packaging equipment so that the heavy loads stay secure while in motion. If a client can provide such supplies themselves, that’s a practical way to cut costs.

The distance traveled also impacts the cost, which is why it’s vital to take the time to explore various routes to reach the destination. Additionally, if a haulage client wants extra services, such as load tracking, those raise the costs.

Once a person becomes fully aware of all the potential cost drivers, they’re in a better position to explore how to keep those aspects more manageable.

Read Freight Company Reviews

All too often, the people who try to cut costs on essential services find they get what they paid for in all the undesirable ways. However, that’s not universally the case.

Online reviews are excellent resources for helping people locate equipment-hauling companies that offer great service and are also reasonably priced. Spending time looking at those helps eliminate the options that may be overpriced and subpar.

Checking out reviews is also a more efficient process when people search for keywords in batches of feedback. Phrases like “best rates in the area” or “reasonable prices, despite my heavy, oversized load” make it easier to determine that a company’s prices are among its most appreciated characteristics.

Choosing the first company that a person finds is not a practical way to save money because there’s a significant chance they’ll pay more than they should. However, looking for price-related feedback is a great way to get steered in the right direction when researching what’s available.

Think About Renting Locally to Reduce Transport Costs

Another way to potentially save money is to assess whether it’s essential to move heavy equipment to the site. For example, the people who plan construction site work often determine it’s more cost-effective to rent locally.

That’s especially true when contractors accept work outside their local areas. Sometimes, such jobs are even on the opposite side of the country. Considering the amount of heavy equipment that may be required for one job, it doesn’t always make good financial sense to transport everything to a site.

Another thing to keep in mind is that certain pieces of equipment may be harder to transport to a site than others and could only be needed for specific job requirements. For example, telehandlers are a type of construction equipment used to reach high places. Although they come in various arm lengths, transporting them could still bring higher costs than renting due to the overall size.

Consider How Owning Transportation Equipment Might Bring Costs Down

When people pay for heavy equipment transportation services often, they may lose sight of how the overall costs can rack up quickly. For example, once they break down the associated costs of each journey and the frequency of those trips, it may become clear that they could save money by owning an equipment trailer and taking care of the trips themselves rather than hiring an outside party.

Many dealers of used heavy equipment offer financing arrangements to make purchases more manageable. The associated repayment periods are usually from one to three years, and there are variable interest rates with these agreements. There are similar arrangements for used equipment trailers.

It’s not necessarily feasible for someone to handle all their own heavy equipment transportation needs. However, that’s why it’s useful to look for patterns associated with the times when they hired a heavy equipment transportation service over the past year. Were there certain types of trailers typically used to meet those needs? If so, that’s a strong indication that investing in such equipment could save money over the long run.

Look for Opportunities to Reduce the Equipment’s Size and Weight

Heavier and larger loads are typically more expensive to haul than those that are smaller and weigh less. Thus, cost-cutting measures could involve disassembling the equipment and transporting it in several loads versus only one.

States have different requirements about what constitutes large and heavy loads, so people should always learn the correct details before moving ahead with a decision. It may seem counterintuitive to ship equipment across more than one load. However, this approach could be a surprising way to cut costs.

People hiring freight specialists to move the equipment should strongly consider getting input from them about how to make the equipment size and weight more manageable. Once a load’s weight crosses a certain threshold, it’s under the jurisdiction of whatever states the trip involves. Thus, splitting the weight across multiple loads could also help a person save money by not paying for the permits required for heavier cargo.

Pack Trucks and Trailers Tightly

In cases where there is not a concern of a load being overweight, people can often end up saving money by ensuring there is no wasted space on a truck or a trailer. Failing to utilize all the available space could mean people pay more than necessary by making several trips to transport everything.

It’s sometimes possible to get everything moved in one or two loads, provided people take the time to figure out the best ways to take advantage of the space. Keep in mind that certain costs, such as fuel and route-related expenses, will be the same regardless of whether an equipment trailer only has one item in it or is packed to capacity.

Therefore, particularly in cases where a person needs to move a lot of equipment at once, they can often achieve better cost-related outcomes by figuring out which pieces to transport together. Paying attention to aspects like the size, weight, and shape makes it easier to figure out what fits where.

Minimizing Equipment Transportation Costs Is an Achievable Goal

It takes time and effort to determine the best ways to keep transportation costs down. However, people should remember that the ideal strategies differ depending on the equipment to move and the available budget.

global air cargo

Why is Global Air Cargo Demand on the Rise?

According to the International Air Transport Association (IATA), the official global body of the airline industry, the demand for global air cargo reached its highest level since IATA began collecting the data in 1990. In March 2020, the demand was 4.4 percent higher than in March 2019. This was the month before the Covid-19 outbreak. However, the statistics don’t necessarily explain why global air cargo demand is at such an all-time high. Let’s try to break down some events that have led to the current state.

The upside of the pandemic

The pandemic has taken many lives and caused numerous problems for nearly every nook and cranny of the financial world. However, this doesn’t mean that there’s no silver lining to be found. The demand for global air cargo has benefited from the consequences of the pandemic in volumes no one could’ve predicted. Following the COVID-19 epidemic, air cargo demand has been steadily increasing.

However, it’s not all rainbows and butterflies in this industry. It seems that the demand growth slowed down a bit in March. In March 2021, air cargo demand was only 0.4 percent greater than it was in February 2021. Furthermore, in February 2021, it was 9.2 percent greater than in February 2019. The lower performance of Asian-Pacific and Latin American operators could be to blame for the slowdown. This, of course, doesn’t mean that the rising chain has been broken. It’s merely settled on a slower pace. The fact that demand in March 2021 was at its highest point since 1990 supports this point.

The everlasting will to evolve

Of course, we cannot contribute the rise of global air cargo demand solely to the pandemic. People need to be willing to make lemonade out of lemons; the lemons alone aren’t enough. The cheesy metaphor aside, all it means is that airlines are taking all the necessary measures to find the needed capacity to continue working and evolve beyond their previous achievements. They are using the recent boost to improve upon significant issues such as the frequency of delayed or damaged goods.

This crisis has proven that air freight can overcome fundamental problems by quickly embracing innovations. This is how it has continually remained the most effective way of shipping. Even though a part of the passenger fleet remains grounded, it continues to meet the growing demand. By digitalizing and being open to new ways of doing business, global air cargo is a bright light in the aviation industry.

Underlying economic conditions are beneficial to global air cargo demand

The underlying economic climate remains favorable for air cargo. The manufacturing Purchasing Managers’ Index (PMI) component of new export orders, which stood at 53.4 in March, reflects this. Manufacturing growth during the previous month is demonstrated by a score of above 50. During January and February 2021, this was centered in developed countries. Deliveries for manufactured goods are also increasing dramatically, which usually means more demand for air freight in an effort to cut down on shipping time.

Global air cargo is convenient

Seeing how this way of transporting items is the fastest, there are many benefits to it. This naturally makes it far more convenient and is why people turn to global air cargo regularly. Aside from the fact that this transportation alternative is fast, it’s also very reliable. Another great pro that explains the rise of global air cargo demand is that there are no conditions location-wise. Wherever you live, delivering your goods won’t be an issue. This means that you’ll be able to cut down on additional costs such as renting storage, packaging, and insurance, especially if you’re relocating. Global air cargo allows you to plan your shipments to a tee.

Air cargo is setting new sustainability goals

One of the worst downsides of global air cargo is its environmental impact. However, the industry has been working on reducing its carbon footprint by digitalizing operations wherever possible. The fact that air cargo is trying to be sustainable is excellent news! These activities are critical for long-term success. By removing unnecessary steps and reducing the amount of time, effort, and resources needed, digitization will help advance sustainability. They’ll save paper by using e-air waybills, for example. The use of artificial intelligence will result in more efficient planning and lower fuel use. Apart from the ideas that have already been set in motion, the demand for global air cargo also motivates industry workers to keep trying to develop new ways of making air freight sustainable.

Not everything is black and white

Although we can safely speak of the rise of global air cargo demand, staying objective is imperative. It’s essential to be aware of the reality surrounding this matter. All this means is that you should by no means imagine a straight rising line of improvement. Even though the demand for global air cargo is growing, we cannot neglect the rollercoaster nature of it all.

Many factors affect global air cargo demand. For example, it varies significantly across the IATA’s regions. Africa has had the best results, while Latin America had the lowest. Strong Asia-Africa trade flows dramatically enhanced African air cargo demand by 24.6 percent in March this year compared to March 2019. Over the same period, Latin American demand on international routes decreased by 23.6 percent.

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Thomas Hendricks has been working as a consultant at primemoversnc.com with an ambition to help people get the most out of their moving experiences. When he is not working, you can find him reading about the innovations in the industry or polishing up his cooking skills.

air silk

How the Air Cargo Industry is Taking on COVID-19

The fallout of the COVID-19 pandemic shook the aviation sector to its core. The economic crisis and travel bans and restrictions have severely hampered international transportation and the global air freight industry. Data from the International Air Transport Association (IATA) shows that global volumes and international cargo are significantly lower than in 2019.

Despite the apparent decline in numbers, the jet cargo industry is showing signs of steady recovery. It is safe to say that, from an economic point of view, airlines with cargo-diversified revenue streams are surviving and have managed to avoid the worst of the pandemic.

Adapt to Survive

The aviation industry is doing its best to adapt and ensure business survival in a changing world. Although world trade and passenger transport hit an all-time low during the main period of the pandemic, both commercial aviation and air charter sectors were able to modify their systems and services to meet the demands of the times and, of course, their clients.

We have seen passenger and private jet companies use their experience and expertise to cater to changing business requirements and emergency scenarios. From personnel repatriation to emergency evacuations — and sometimes even stepping into disrupted freight supply lines to ensure the delivery of essential goods.

Demand Response

Airline companies have shifted their focus throughout the pandemic and dedicated their efforts towards the successful transport of COVID-19 supplies and accommodating the exponential demand for essential COVID-19 commodities.

Cargo jets with climate-controlled facilities have seized business opportunities in freights that require highly regulated and temperature-controlled specifications, including the distribution of billions of COVID vaccines worldwide. In addition, airline companies are retrofitting their passenger planes for cargo to capture more specialized segments, especially those that require time urgency and delicate handlings, such as pharmaceuticals, PPEs, medical equipment, and perishables.

More and more companies are also turning to air charters for reliable transport of complex and time-critical deliveries. Compared to other methods of transport, air charters stand out as the most efficient end-to-end solution as they have access to more airfields and can be deployed in a matter of hours.

Emerging Opportunities

The pandemic has been broadly destructive for the aviation industry. Still, it has contributed to accelerating the global transition to e-commerce, which is set to benefit the cargo transportation industry for the foreseeable future.

While e-commerce was already on an uptrend even before the pandemic, it has risen faster than anticipated due to recent changes in consumer purchasing behaviors. According to data from IBM’s U.S. Retail Index, COVID-19 hastened the shift away from physical stores to digital shopping by, more or less, five years.

With people becoming more inclined to shop online, e-commerce volumes continue to rise amid the pandemic. Shipment-focused aviation services are currently taking advantage of this market shift.

Going Forward

The air cargo sector is demonstrating impressive flexibility and adaptability in handling the challenges and repercussions of COVID-19 in the industry. Still, from a vantage point, the future of global air freight service seems bright, and all set for growth.

The pandemic has opened new doors and opportunities for cargo. As the demand for specialized freight services and e-commerce rises, global trade will eventually regain its foothold. And the cargo industry will fly high again.

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About the Author

Melissa Hull is the Content Marketing Strategist for Aviation Charters, a West Trenton, New Jersey-based private aviation company that provides on-demand aircraft charter, aircraft management, and aircraft acquisition services. Aside from her passion for writing, she loves to travel and read espionage books.

American Trucking Association Recognizes Old Dominion Linehaul Driver

The American Trucking Association selected Old Dominion Freight Linehaul driver, Bill Goins to join “America’s Road Team” consisting of a carefully selected group of drivers demonstrating advanced driving skills paired with an exemplary safety record. Out of the 34 finalists, Goins boasts an impressive 2.8 million accident-free miles on the road from the past 31 years. Goins started driving for Old Dominion in 2014.

“Bill consistently impresses us with his dedication to safe driving, helping others and representing Old Dominion’s values,” said Sam Faucette, vice president of safety and compliance at Old Dominion Freight Line. “We are proud to have him represent OD as a member of the 2019-2020 America’s Road Team and know he will have a positive impact on the future of this industry.”

Additionally, Goins was awarded with the Grand Champion of the Indiana Motor Truck Association Truck Driving Championship in the 5-axel class in 2015 as well as the John Yowell “OD Family Spirit award” in 2016 from Old Dominion.

“These drivers represent the diverse experiences of the 3.5 million professional drivers across the country and will be able to bring their unique stories to new, critical audiences as part of America’s Road Team,” said ATA President and CEO Chris Spear. “ATA is very excited to begin working with this group of professional, respected drivers and see them continue spreading the positive image of the trucking industry. We are extremely proud of them, as are their companies and families.”

Source: Old Dominion Freight Line

British International Freight Association Reveals “Apprentice of the Year”

The British International Freight Association (BIFA) released the name of this year’s winner for the Apprentice of the Year category during the annual Freight Service Awards competition – a competition boasting 30 years of success.

Thomas Turner of Panalpina World Transport was announced as the winner during the 30th Freight Service Awards luncheon on January 17 at the Brewery in Chiswell Street, London.

The final determination is a carefully selected by a panel of sponsors and independent industry specialists that review each entrant submission identifying progress to-date, goals for the future, and impressions of the industry.

This category is one of two specifically aimed at the younger demographic and is sponsored by Outsource Training & Development. The award category first made an appearance in April 2018. following the introduction of the International Freight Forwarding Specialist Apprenticeship.

“In 2018, freight apprenticeships came to the fore, and we are pleased that there has been keen interest in the new category,” Robert Keen, BIFA’s Director General, said.

For more information on other category winners, please visit: BIFA.org

Green Freight Asia Certifications Earned by APL Logistics

In the theme of best practices, APL Logistics goes above and beyond  to improve operations while increasing fuel efficiencies in its daily road transport operations. The Green Freight Asia Certification (GFA) acknowledges just that. Made up of a network of companies in the road freight sector, the GFA promotes collaborations that transform supply chain logistics costs while aiming to reduce CO2 emissions and produce fuel efficiencies.

“APL Logistics is committed to constantly improve and provide sustainable supply chain solutions for its customers,” commented Paul Man, APL Logistics Regional Vice President for North Asia.

The company recently announced the GFA Certification was received for the following APL Logistics China entities:

– APL Logistics Supply Chain Services (Beijing) Co., Ltd

– APL Logistics Bonded Supply Chain Services (Shanghai) Co., Ltd.  

-APL Logistics Supply Chain Services (Shenzhen) Co., Ltd.

“As the need for sustainability grows, receiving the GFA official recognition attest to the good practices within the company and assure customers of our commitment towards improving the carbon efficiency of our road transport operations. We have already implemented fuel efficient and exhaust reduction technologies for our trucks in some of our key operation sites in China and will continue to bring sustainability in our freight operations to the next level,” concluded Man.

Source: APL Logistics

REPORT FROM BSI AND TT CLUB REVIEWS GLOBAL CARGO THEFT TRENDS

BSI Supply Chain Services and Solutions and leading international transport and logistics insurer TT Club recently launched their first joint 2018 Semi-Annual Global Cargo Theft Intelligence and Advisory Report.

Bringing together threat and intelligence data from BSI’s supply chain security country risk intelligence tool SCREEN and TT Club’s insurance risk management and loss prevention insights, the first edition reveals violent truck hijackings account for 24 percent of cargo theft incidents globally. Additionally, the report provides a detailed Regional Overview spotlighting cargo theft trends in China and India.

The food and beverage sector is the most targeted (at 27 percent). Consumer products and hi-tech electronics industries also suffer high rates of cargo theft. Warehousing is the second most vulnerable target at 19 percent. Transport by road is the most often targeted mode for cargo crime across the globe, at a whopping 75 percent. Warehousing is the second most vulnerable target at 19 percent.

The report includes several pieces of loss prevention advice to counter the identified threats. Download it here.

 

Swiss Rail Frequency to Increase in 2019

Starting January 10, Schweizerzug will increase rail services from Frenkendorf and the Port of Antwerp from two to three weekly roundtrips in an effort to alleviate capacity constraints while improving rail capacity for 2019, according to a release from the Swiss company this week.

The expansion of services directly impacts importers, exporters, and shippers as the Swiss rail freight operator continues providing alternative methods of transportation. More recently, the Swiss company has provided daily services from Frenkendorf train terminal and Niederglatt.

Additionally, three weekly services will continue to the Port of Rotterdam as well as the Port of Antwerp through German hub in Neuss.

Roman Mayer, CEO of Schweizerzug AG, commented:

“We are excited about this next step in Schweizerzug’s ongoing expansion to offer our customers more connectivity and services between Switzerland and Antwerp. Shippers in both Switzerland and neighboring regions will profit from our reliable and time-saving rail services.”

“The events of the past few months have underscored yet again just how vital rail is – and will remain – for the transport of goods. Schweizerzug plans to continue further developing its range of transport products to meet market demand with the very best level of service available.”

Source: Schweizerzug