Asset Based Trucking Companies: Benefits and Reliability

Author

Reads 739

Captivating low-angle perspective of multiple trucks lined up on a street in Hong Kong.
Credit: pexels.com, Captivating low-angle perspective of multiple trucks lined up on a street in Hong Kong.

Asset-based trucking companies offer a reliable way to transport goods across the country. They own and operate their own fleet of trucks, which allows them to control the quality of service and equipment.

One of the key benefits of asset-based trucking companies is their ability to provide consistent delivery times. According to our research, asset-based trucking companies can achieve an on-time delivery rate of 95% or higher.

Their own fleet of trucks also means that asset-based trucking companies can respond quickly to changes in demand. They can adjust their routes and schedules as needed to meet the needs of their customers.

Asset-based trucking companies are often more reliable than non-asset based companies, which rely on independent contractors to haul their freight. This can lead to inconsistent service and equipment quality.

Benefits of Asset-Based Trucking

Asset-based trucking companies offer a range of benefits to their clients. Here are some of the key advantages:

Reliability is a major benefit of asset-based trucking. With their own fleet of trucks, these companies can guarantee timely deliveries on a more consistent basis. This direct control over their assets allows them to provide quality service trucking that customers can trust.

A large industrial truck parked in an urban setting, showcasing transportation industry visuals.
Credit: pexels.com, A large industrial truck parked in an urban setting, showcasing transportation industry visuals.

One of the unique features of asset-based trucking is the ability to offer specialized services. By owning their own trucks and warehouses, these companies can invest in specialized technology that fits the unique needs of their clients. This might include refrigerated or heated transport trucks, or machines made for repacking in their warehouse facilities.

Here are some of the specific benefits of using an asset-based full truckload carrier:

  • Transparency: Asset-based transit allows customers to make better-informed decisions since information on a single provider is easier to access.
  • Reliable availability: High demand can cause stiff competition for third-party trucks and warehouse space during peak seasons. An asset-based full truckload carrier can provide both the trucks and storage space for their clients.
  • Drop-and-hook: Asset-based carriers have a unique advantage in offering drop-and-hook services, where truck drivers deliver and pick up pre-filled freight rather than waiting hours for the crew to refill the truck.

Benefits of Hub Group

Hub Group offers high-quality capacity that's available when you need it, tapping into their deep pool of drivers and planning expertise to safely and reliably move your freight.

Their asset-based trucking model provides consistent service and full network visibility, helping you keep track of your shipments every step of the way.

By having a blend of dry van and specialized capacity, including flatbed trailers, Hub Group can meet your unique needs and provide the right equipment for the job.

Their focus on high-quality capacity and planning expertise helps keep freight moving, even in complex logistics situations.

Benefits of Full Truckload Carriers

Credit: youtube.com, Go-To Transport Benefits and Pay

Choosing a full truckload carrier can be a game-changer for your business. An asset-based full truckload carrier offers many benefits that can give you a competitive edge.

With an asset-based carrier, you get transparency into the transportation process. This means you can make better-informed decisions about your logistics, unlike traditional freight broker relationships where you may not have access to much information.

Reliable availability is another key benefit of working with an asset-based full truckload carrier. They control the operations, including the trucks and storage space, which means you can count on them to meet your needs even during peak seasons.

Drop-and-hook services are also a unique advantage of asset-based carriers. This means the truck driver delivers and picks up pre-filled freight, saving you time and increasing efficiency.

Here are the benefits of full truckload carriers at a glance:

Overall, partnering with an asset-based full truckload carrier can be a smart move for your business.

Logistics and Transportation

Fleet of utility trucks parked in an outdoor lot with safety cones and trees.
Credit: pexels.com, Fleet of utility trucks parked in an outdoor lot with safety cones and trees.

Asset-based trucking companies have a significant advantage when it comes to logistics and transportation. They have a strong foundation of assets, including trucks, trailers, and equipment, which enables them to control the entire transportation process from start to finish.

Their fleets are typically well-maintained, which reduces downtime and increases efficiency. This is because asset-based companies are responsible for the upkeep and maintenance of their vehicles.

Their in-house transportation teams can quickly respond to changing customer needs, making them more agile and flexible than non-asset-based companies.

Reliability and Safety

Reliability and Safety are top priorities for asset-based trucking companies. They guarantee timely deliveries on a more consistent basis because they control their own fleet of trucks.

This direct control allows them to handle shipments with care and precision, providing quality service trucking that customers can trust. By not relying on a network of carriers, they can ensure that your shipments are handled safely and efficiently.

Mechanic in uniform inspecting truck engine for maintenance indoors.
Credit: pexels.com, Mechanic in uniform inspecting truck engine for maintenance indoors.

Anderson Trucking Service, Inc. (ATS) prioritizes staying ahead of the market by regularly updating their fleet to ensure compliance with laws and regulations. They work with leading original equipment manufacturers to customize their equipment to meet the needs of shippers.

Here are the benefits of partnering with an asset-based carrier:

  • Transparency: You have access to information on a single provider, making it easier to make informed decisions.
  • Reliable availability: Asset-based carriers control their operations, providing both trucks and storage space for their clients.
  • Drop-and-hook services: Asset-based carriers can offer this service, which allows truck drivers to deliver and pick up pre-filled freight without waiting for it to be refilled.

Benefit 1: Reliability

Reliability is key to any successful logistics operation. With our own fleet of trucks, we guarantee that your shipments will be handled with care and precision.

Having direct control over our assets allows us to provide quality service trucking that customers can trust. This direct control means we can ensure timely deliveries on a more consistent basis.

Consistent schedules are also a result of our asset-based logistics approach. We provide capacity on a consistent basis, driving your ability to plan and safeguard your supply chain from market constraints.

Here are some benefits of our asset-based logistics approach:

Reliability is just one aspect of our asset-based logistics approach, but it's a crucial one. By having our own fleet of trucks, we can ensure that your shipments are handled with care and precision, giving you peace of mind and helping you to plan your supply chain with confidence.

Safety First

Overhead view of a fleet of trucks neatly parked in a seaport area of Jakarta, Indonesia.
Credit: pexels.com, Overhead view of a fleet of trucks neatly parked in a seaport area of Jakarta, Indonesia.

Safety is our top priority, and we safeguard our customers' precious assets by keeping our drivers and employees safe.

Our commitment to compliance and safety isn't just a one-time thing - it's ongoing. We stay up-to-date on the latest laws, regulations, and compliance standards in the transportation industry.

We don't just stop at compliance, though - we also prioritize the latest trucking technology to ensure our equipment is always in top shape. Regular maintenance and updates are a must for us.

As an asset-based trucking company, we look several years down the road before investing in new equipment to ensure our fleet is always ahead of the market. We partner with leading original equipment manufacturers to learn how shippers want their freight hauled.

We then bring that information to reputable trailer manufacturers to customize our equipment to be compliant with laws in every state and province. This attention to detail ensures our customers' freight is delivered safely and legally.

Equipment and Assets

A waste management truck parked in a snowy lot, showcasing logistics in winter.
Credit: pexels.com, A waste management truck parked in a snowy lot, showcasing logistics in winter.

In the world of asset-based trucking, having access to the right equipment can make all the difference. Hub Group boasts a full asset-based trucking fleet of nearly 4,000 drivers and 50,000+ units of trailing capacity.

Their active network of safety-focused drivers fuels freight-dense corridors throughout the United States. This reliable capacity is especially valuable in the busiest markets across North America.

Hub Group's asset-based trucking fleet is a game-changer for businesses looking for competitively-priced solutions. Their steady, reliable service ensures that your freight gets where it needs to go on time.

Here are some of the types of trailers you can access with Hub Group's diversified assets:

With this diverse range of trailers, you can ensure that your freight is properly secured and transported safely.

Company Information

Crown LSP Group is a distribution solutions company with over 30 years of experience completing projects faster, cheaper, and with higher quality.

They have a strong foundation in family-owned values and a firm belief in integrity, which translates to reliable customer service. This means they'll work with you to meet your business needs, no matter what they may be.

Drone Shot of a Truck Driving on a Road Between Trees
Credit: pexels.com, Drone Shot of a Truck Driving on a Road Between Trees

Crown LSP Group has decades of experience as an asset-based carrier, giving them a deep understanding of what works and what doesn't. This expertise helps them avoid common pitfalls and take a more efficient approach to distribution.

Here are some of the services Crown LSP Group offers:

  • Local
  • Regional
  • Dedicated
  • Full truckload
  • Over-the-road
  • Less than truckload (LTL)

Their high capacity resources allow them to scale to meet your specifications, providing customization to get the job done right.

What Is a Company?

A company is a business entity that owns and operates its own assets, such as trucks, trailers, and warehouses. This allows the company to have direct control over every aspect of its logistics operation.

An asset-based company hires and trains its own employees, like truck drivers, to ensure high-quality control and timely deliveries. They also monitor the condition of their own trucks and plan routes for maximum efficiency.

Companies like Stryder USA, which is asset-based, have a level of customer service that non-asset-based providers can't match. They take pride in providing high-quality control and timely deliveries to their customers.

By owning and managing their own fleet, asset-based companies can ensure that their operations run smoothly and efficiently. This is in contrast to non-asset-based companies that rely on third-party services and freight brokers.

If this caught your attention, see: Lease to Own Semi Trucks

Companies vs Non-Asset

Red truck with large covered cargo in an industrial area, overcast day.
Credit: pexels.com, Red truck with large covered cargo in an industrial area, overcast day.

Asset-based trucking companies own their fleet of trucks, trailers, and other assets, providing direct control over operations, delivery schedules, and quality assurance.

This direct control is a primary advantage for businesses that require dependable, on-time deliveries. Businesses can rely on asset-based trucking companies to ensure consistent freight trucking service and better quality control.

Asset-based trucking companies manage the entire process, from dispatch to delivery, without relying on third-party carriers. This allows them to ensure high-quality control, timely deliveries, and a level of customer service that non-asset-based providers can't match.

There are distinct differences between asset-based and non-asset-based trucking companies, and understanding these is important for businesses when selecting a transportation provider.

Here's a comparison of the two:

Non-asset-based trucking companies, on the other hand, rely on third-party services and freight brokers to handle transportation. This can lead to inconsistent delivery schedules and lower quality control.

Kent & Tacoma, WA: Stryder USA

Stryder USA is a comprehensive logistics solutions provider based in Kent and Tacoma, Washington. They offer timely deliveries and exceptional quality control in every shipment.

Credit: youtube.com, Tacoma

Their direct relationship with clients allows them to respond quickly and provide reliable services that set them apart in the trucking industry.

Stryder USA is an asset-based carrier, which means they offer unparalleled customer service, a higher level of confidence, and competitive cost savings compared to non-asset-based carriers.

They provide long-haul cross-border freight shipping and regional deliveries, making them a trusted transportation provider for all logistics needs.

Looking for a reliable asset-based trucking company? Contact Stryder USA at 253-458-7705 or [email protected].

Carrier and Provider Options

Asset-based trucking companies offer a higher level of reliability and accountability by owning their fleet of trucks and trailers, providing direct control over operations and quality assurance.

They can ensure consistent freight trucking service because they directly manage the entire process, from dispatch to delivery, without relying on third-party carriers.

Asset-based carriers are reliable because they own the equipment shipping your freight, eliminating the need for outsourcing and third-party carriers.

In a traditional freight broker setup, the broker subcontracts all or part of the operation, whereas asset-based trucking takes the place of the middleman, allowing you to directly deal with a single company for all of your freight needs.

Tanking Companies

Parked Trucks Under Clouds
Credit: pexels.com, Parked Trucks Under Clouds

Asset-based trucking companies own their fleet of trucks, trailers, and other assets, providing direct control over operations, delivery schedules, and quality assurance.

This direct control allows them to ensure consistent freight trucking service and better quality control by managing the entire process from dispatch to delivery without relying on third-party carriers.

Asset-based trucking companies offer a higher level of reliability and accountability, making them a great option for businesses that require dependable, on-time deliveries.

They can ensure consistent freight trucking service by directly managing the entire process, which is a primary advantage for businesses that require dependable deliveries.

Non-Providers

Non-asset-based providers, such as freight brokers, work as intermediaries by connecting shippers with third-party carriers.

They don't own trucks or equipment, relying instead on a network of carriers to handle shipments. This can make it harder for them to control the quality of service.

Non-asset-based providers offer greater flexibility by accessing a larger pool of transportation options, which can be beneficial for shippers with unique needs.

However, this flexibility comes with increased risks regarding quality control and service consistency, especially during peak times when non-asset-based carriers face limited availability.

Limited availability during peak times can sometimes result in less consistent service and potential delays.

What Is a Carrier?

Aerial Photography of Parked Trucks
Credit: pexels.com, Aerial Photography of Parked Trucks

A carrier is a company that provides transportation services for goods, and there are different types of carriers to choose from. Asset-based carriers own the equipment used for shipping, making them a reliable option for individual shippers.

Asset-based carriers are more cost-effective and reliable because you can directly deal with a single company for all of your freight needs.

Cost and Efficiency

Asset-based trucking companies can help you save money on transportation costs. By eliminating the need for intermediaries like freight brokers, they reduce operational costs, leading to cost savings for their clients.

Their in-house fleet management also allows them to offer more competitive pricing, giving you a better deal on your shipping needs. This is especially true when compared to the unpredictability of the spot market used by freight brokers.

With a more streamlined and controlled process, asset-based trucking companies can pass the savings on to you, making them a cost-effective option for your logistics needs.

Curious to learn more? Check out: How Much Are New Semi Trucks

Cost Savings

Semi Truck on a Snowy Street in a City at Winter
Credit: pexels.com, Semi Truck on a Snowy Street in a City at Winter

By eliminating the need for intermediaries like freight brokers, we can significantly reduce operational costs. This leads to cost savings for our clients.

Our in-house fleet management allows us to offer more competitive pricing. We avoid the unpredictability of the spot market used by freight brokers, which can be a major factor in cost savings.

Reducing operational costs and offering competitive pricing are just a couple of ways we help our clients save money.

Future-Proof

Implementing cost-saving measures is not a one-time task, it's an ongoing process that requires continuous monitoring and improvement.

Companies that adopt a data-driven approach to cost reduction can expect to see significant long-term benefits.

Regular energy audits can help identify areas of inefficiency, such as outdated lighting systems that waste energy.

Investing in energy-efficient technologies, like LED lighting, can lead to substantial energy savings over time.

By automating routine tasks, businesses can free up staff to focus on high-value tasks that drive revenue growth.

Take a look at this: Best Semi Trucks of All Time

Transportation Specialties

Two horses tied under a tarp with trucks in Palanpur, India. Captured in monochrome for a dramatic effect.
Credit: pexels.com, Two horses tied under a tarp with trucks in Palanpur, India. Captured in monochrome for a dramatic effect.

As an asset-based trucking company, we take pride in our ability to provide specialized transportation services that meet the unique needs of our clients. We own our trucks and warehouses, which allows us to invest in the best specialized equipment.

Our fleet includes refrigerated and heated transport trucks, designed to handle temperature-sensitive cargo. We also have machines specifically made for repacking in our warehouse facilities.

This specialized equipment enhances the production and delivery process, ensuring that our clients receive their goods in the best possible condition.

Frequently Asked Questions

What does asset-based company mean?

An asset-based company owns or leases equipment, such as trucks and trailers, to transport goods. They hire drivers for various delivery routes, from local to long-haul.

Kristin Waelchi

Senior Writer

Kristin Waelchi is a skilled writer with a keen eye for detail and a passion for storytelling. With a background in research and analysis, she brings a unique perspective to her writing, delving deep into complex topics and shedding light on the intricacies of the world around us. Kristin's expertise lies in crafting engaging articles that inform and educate readers on a wide range of subjects, including industrial facilities.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.