What is the Best Way to Grow Your Truck Fleet?

This time of year is number crunching time: checking out the last year’s sales revenues, looking at the projections for the coming year and evaluating the current performance of your truck fleet. When buying or leasing new or used trucks, our customers recognize that growing a successful fleet is a balance of anticipating need, revenue and costs. If you are operating at near capacity, do you know if this is maximizing your return on investment, or is it limiting your opportunities? How quickly and often do you have to respond to new demand? These are just some of the basic questions you’ll want to address.

If you own a relatively small fleet of under 100 trucks, every move has to be strategically calculated and associated risks evaluated. According to Truckinginfo.com, the majority of companies using trucks to deliver on a product or service have fewer than 25 trucks in their fleet, and owners of these businesses have to keep a close eye on costs, strategic options, and reliability. Especially with a small fleet, never before has competition been so stiff, and your fleet has to be ready and able to give exceptional, timely service. Beating a large competitor is not easy, but the one thing that a smaller fleet can work to excel at is providing great service. Making sure that your trucks are in optimal condition will not only minimize the service costs of downtime, but will also reduce your customer’s frustrations, helping you maintain your client base and provide them with outstanding service.

The need for a reliable, cost-effective fleet is the number one reason why our customers continue to buy and lease Hino trucks for their business in Toronto and all over Ontario. We know that truck fleet performance is critical to a business’ bottom line. Our service department has been rated #1 in Canada for quick, quality turnarounds, keeping your trucks in top condition so you can grow your Hino fleet with confidence.