Posted on November 15, 2018
Guest Columnist: In the Hot Seat with Cost Management Expert – Todd Koca
Todd Koca What are the biggest hurdles for achieving cost savings? Where does one begin, given the numerous transportation industry challenges a company faces today – driver shortage; regulatory reform around hours of service; driver retention; ELD mandates; etc. It’s easy to see why transportation companies place their investment of money, time and resources into […]
Tags: Guest Columnists
Category: Articles
read morePosted on September 19, 2018
Guest Columnist – In the Hot Seat with TCA Profitability Program (TPP)
The TCA Profitability Program (TPP) is an exclusive business improvement initiative provided by the Truckload Carriers Association. This service provides multiple paths for trucking enterprises of all sizes to understand how they are performing (financially and operationally) versus similar companies. The pinnacle of TPP is the Best Practice Groups. Currently, the Best Practice Groups are […]
Tags: Guest Columnists
Category: Articles
read morePosted on August 14, 2018
Guest Columnist – In the Hot Seat with Lockton Transportation Practice Leaders
The Lockton Transportation practice focuses on risk management solutions for mid-to-large transportation companies. Based in Kansas City, they work with all types of transportation firms across the country to help reduce overall insurance costs and improve safety programs. Todd Reiser Quinn Damon Transportation/Risk Q&A – Lockton Companies, LLC Q: Have the increasing number of adverse […]
Tags: Guest Columnists
Category: Articles
read morePosted on June 25, 2018
Guest Columnist – In the Hot Seat with Troy Hogan, CPA, Katz, Sapper & Miller
Troy Hogan is a director in Katz, Sapper & Miller’s Transportation Services Group. Troy regularly advises clients in a wide variety of accounting, tax, and business matters and consults on the management of business issues specific to the transportation industry. He helps clients implement tax planning strategies related to per diem, fuel tax credits, and entity […]
Tags: Guest Columnists
Category: Articles
read morePosted on March 15, 2018
Developing a Strong Management Team Plays Important Role in Trucking Business Sales
Developing a Strong Management Team Plays Important Role in Trucking Business Sales Much like building a successful business name, putting together a strong management team takes time and strategy. But what if that managerial dream team was already in place? For companies interested in buying a trucking business, the possibility of gaining an experienced group […]
Tags: Selling a Business
Category: Articles
read morePosted on February 16, 2018
Case Study: 23M Trucking Company Sale Success Begins with Clarifying Strategic Options
When Furniture Row Express reached out to Tenney Group, they needed clarification. FRE was a subsidiary of a very large national furniture company. As part of capturing synergies and becoming more efficient, the company developed a trucking division. For the past five years, they had experienced significant growth. The company initially intended to provide hauling […]
Tags: Valuation
Category: Articles
read morePosted on February 16, 2018
Case Study: Owner Considers Current Value, Other Factors to Plan Industry Exit
This month, we finished a valuation for a client. Following the presentation of the report, the owner went away for a few weeks and discussed the potential tax implications of a sale with his accountant. Ultimately, the owner determined two things. First, he understood and trusted the conclusions from Tenney Group’s report concerning his transportation […]
Tags: Valuation
Category: Articles
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