Trucking / Haulage Business Success Stories [2024]
Ever considered the backbone of logistics? Starting a trucking and haulage business could be for you.
This business involves transporting goods from one location to another using large vehicles, typically semi-trucks. Itβs a vital service for numerous industries, including retail, manufacturing, and construction.
By maintaining a fleet of trucks and establishing contracts with clients who need goods transported, you can build a steady revenue stream. The demand for haulage services is constant, driven by commerce and consumer needs, making it a stable business choice.
There is significant work involved, from obtaining the necessary licenses and investing in reliable trucks to managing logistics and ensuring timely deliveries. However, the potential for profit is substantial, and the sense of achievement from running an essential service is immense. With determination and a solid business plan, you can carve out a niche in the ever-growing logistics industry.
In this list, you'll find real-world trucking / haulage business success stories and very profitable examples of starting a trucking / haulage business that makes money.
1. Sant Lines ($1.2M/year)
Mikael Sant's journey towards founding Sant Lines began with a fortuitous suggestion from a friend while he was working in Texas as a moisture inspector. His friend, who had a family in the trucking industry, recognized Mikael's aptitude for logistics and urged him to explore the field. Intrigued by the potential earnings and steady demand, Mikael returned home and began to research the trucking business extensively, utilizing platforms like YouTube to gather insights and understand the market.
He invested $32,000 in his first truck found on Facebook Marketplace, using his savings accumulated from a landscaping business he'd run since the age of 12. Mikael negotiated diligently to ensure he got a good deal, even bringing his dad along for a second opinion. After his initial purchase, he continuously refined his business plan, including setting aside 20% of his revenue for maintenance and unexpected expenses, informed by ongoing industry research and feedback.
Mikael faced several challenges early on, from dealing with high insurance costs to managing breakdowns and even experiencing theft from a driver. However, he stayed resilient and learned valuable lessons, such as the importance of thorough research, prudent financial management, and the necessity of building a reliable team. His ability to leverage digital platforms for branding and recruitment further strengthened the foundation of Sant Lines.
How much money it makes: $1.2M/year
How much did it cost to start: $32K
How many people on the team: 7
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.