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About Bob Stephens
Expertise
If you need advice on truck and trailer purchasing, DOT regulations, start up costs, I can help. I also can help new drivers pick a company thats best fits them, what to look for in a company and what to expect if your new to truck driving. If your starting a business, what commodities to haul, working with Brokers and more.

Experience
16 years in the Trucking Industry. 8 years as an over-the-road driver traveling cross country. 4 years as a local driver in Chicago and Tampa, Fl. 4 years as co-owner of a small trucking company.

Organizations
American Trucking Association

Education/Credentials
AA, 1991, Liberal Studies, Purdue University

Awards and Honors
Numerous Safe Drving Awards with the American Trucking Association.

 
   

You are here:  Experts > Autos > Trucks > Trucking > market projection

Trucking - market projection


Expert: Bob Stephens - 5/12/2007

Question
i am to the market projection part of my buisness plan and  i am stuck on how and where to get the  data and research.i seek outside funding so i want it to be as detailed of a plan as i can make it.hoping to get a single axl tractor and a 5-6 car hauler  

Answer
Hi Charlie.

Contact your state's Department of Transportation and see if they can possibly help you.  They might have some statistics that would help you out.  Finding out how many out-of-state vehicles get registered, or vehicle that left the state, could show potential customers.

Your market will be everything from people moving to cars sold, to auto auctions, to dealers and performance shops.  You will probably have to make a lot of calls and see who can give you some numbers.  Find out how many cars local dealers ship.  How many cars are for sale at the local auto auctions.  How many people move in and out of your state annually. Etc.

Good luck!

Bob Stephens


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