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Four things you’re doing wrong in the commercial transportation business

In December of 2009, a Nigerian man named Mr. Andrew Adewole was considering starting a business, and after considerable study and recommendations from friends and family on the best and most profitable one, he chose to get into the commercial transportation sector.

He bought fleets of cars that were as good as new. You could still see the torn vinyl wraps on the door handles. He then proceeded to hire drivers who would drive his vehicles and remit money to him on a weekly basis, allowing him to sit back and enjoy the fruits of his labor.

Few weeks into his business, his car business wasn’t producing as much revenue as expected, instead draining cash by the day, and his drivers were continuously making excuses for non-payments week after week.
Due to a lack of maintenance culture, the vehicle standards deteriorated rapidly.

Mr. Andrew’s transportation firm, which had over 10 cars, came crumbling down in a matter of weeks, leaving him despondent and in debt.
Mr. Andrew made these errors, which cost him both his business and his health. They could have all been avoided if he had adequate information and was motivated by a creative mentality.

Transportation is a necessary aspect of human activity, and it serves as the foundation for all socioeconomic exchanges in many ways. Without a feasible mode of transportation, no two sites can successfully interact.

To enable economic growth and development, a robust transportation infrastructure is required. The commercial transportation sector is a large one, and its operations need the use of certain innovations in order for it to function properly. To achieve development in any industry, one must be intentional in order for it to survive, expand, and progress.

Compiled below are a list of probable mistakes you’re making in your commercial transportation business, as well as remedies that will help you avoid them and make commercial transportation safer, more secure and more lucrative.

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1). Lack of (insufficient) telemetry data on your vehicle/drivers

Telemetry system is the automated capture and transfer of data from remote or inaccessible sources to a monitoring and analysis IT system in a separate place. The commercial transportation business has been littered with a lot of flaws and frauds. The lack of sincerity among drivers is a serious difficulty in the commercial transportation industry, resulting in the inability to get vital data to track their movements and activities.

Just like Mr. Andrews case, his drivers were not monitored so it was difficult for him to hold them accountable.

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2). Maintenance Culture of host/driver

In the case study above, one of the main reasons Mr Andrews’ c ommercial transportation firm was suffering was due to the drivers’ bad management culture. Faulty maintenance systems, as portrayed in the narrative above, were a significant killer of his transportation business, maintenance culture is as vital as the vehicles in use in the commercial transportation industry.

When cars are not properly managed, they become unsafe to drive and are prone to accidents.

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3). Setting an unreasonable return rate for drivers

Setting a very high price as a target for drivers to fulfill as a host on a short turn can increase your earnings, but while you will be winning the war; you will also be losing the battle.

In the bid to cash out early on their investments, some hosts create unrealistic and unreasonable goals/targets for drivers to accomplish, putting high and intense pressure on the vehicle. This is one of the key challenges in the commercial transportation sector.

It is clear that patience is required in the commercial transportation industry in order to achieve consistent and profitable outcomes over time.

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4). When cars are not comprehensively insured

When it comes to commercial transportation business, the importance of comprehensively insuring your vehicle can not be overemphasized.

Car insurance has several advantages, especially if you are involved in an accident. If you don’t have insurance, you’ll have to pay for the losses yourself and deal with the aftermath on your own.

If you have ever been in a vehicle accident, you know how time-consuming and frustrating the aftermath can be. You won’t have to deal with other drivers or property owners involved in the collision if you have the necessary coverage. You will also be relieved of the burden of dealing with the price of replacing or repairing your automobile.

Solutions Available (MyGarage.Africa)

MyGarage.Africa is a digital platform that allows hosts(vehicle owners) to create a virtual garage to list vehicles on lease for commercial transportation and connect with verified drivers in each city.

MyGarage Africa uses a telemetry device designed by Envio, leased to vehicle owners, and installed by partner tracking companies that is fixed in the cars to generate data on the maintenance and roadworthiness of the vehicles while in use. Periodically, owners get automated reports on the inspections from support partners via a mobile application. It is safe to say that with mygarage.africa, you can rest assured that the above listed challenges experienced in commercial transportation space becomes history.

If you have ever been in a vehicle accident, you know how time-consuming and frustrating the aftermath can be. You won’t have to deal with other drivers or property owners involved in the collision if you have the necessary coverage. You will also be relieved of the burden of dealing with the price of replacing or repairing your automobile.

Let’s talk about how you can get started 090-8900-9090

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