Archive for May 2018

How to Prepare for an Upcoming Truck Auction

Buying your trucks and other heavy equipment vehicles at auctions is a great way to get the best deal for your business and overall more bang for your buck. Here are some ways you can be sure that you are well prepared and know exactly what to do when an item of interest to you is on auction.

Know What the Equipment is Worth

It is true that you are almost sure to find a bargain at an auction simply because the price is not set as high as the same equipment would cost to buy brand new. If you know what certain equipment is worth you will save yourself from over-bidding at onsite truck auctions.

Do Your Homework

Many auctioneers have websites where you can view the items that will be on sale at the onsite truck auction. Be sure to visit the website in question and see what you can find out about the auctioneer and their items, seeing as the information is available to you. This will also likely inform you whether or not you will be granted a “visual” inspection on the day of the auction. You will be able to look, and only look, under the hood and in the trunk of the vehicle. You can insure that everything opens and closes the way it should.

The seller may be present. Strike up a conversation and they will have the information you are likely looking for. They are going to upsell the item but they are encouraged to be transparent, so you will get the insights you need and network for the next time you come to auction.

Have the Cash to Put Your Money Where your Mouth is

Most auctioneers require you to bring a kind of deposit to register to make a purchase at onsite truck auctions. Call ahead of time or check the website to see what this amount is and make sure your budget can handle this and the cost of actually buying a truck at auction. The amount will be refundable if you do not make a purchase, but it acts as a safeguard for the auctioneer to ensure everyone attending is there to play ball.

Bring Everything You Will Need on the Day of the Truck Auction

Along with the cash you will need a form of identification and maybe even a proof of residence. So be sure to attend fully prepared.

Attending a truck auction with everything you need, including the knowhow and knowledge of the products and processes, will make it a much more enjoyable experience on the whole.

 

California bill threatens to hold big-box stores liable for Insolent trucking Firms

A group of California lawmakers is threatening to hold the country’s big box stores responsible for the ongoing labor abuses by truck companies that ship goods to retailers.

State legislators made this proposal on Tuesday following the USA TODAY Network investigation eye-opener that discovered trucking companies notorious for exploiting drivers.

According to Senator Ricardo Lara, the issue has been a longtime crisis and citizens are hoping to find a lasting solution to it. Lara is the Senate appropriations chairperson and a primary sponsoring to the bill alongside fellow Democrats Senator Steven Bradford and the renowned Assemblywoman Lorena Gonzalez Fletcher.

Trucking firms that do not pay judgments after lying to workers will be listed and asked to reveal their history of abuse to customers. Any Retailer who conducts business with these listed companies will be held liable if employees obtain future judgments.

“In other words; if you’re deliberately contracting firms that have final judgments then you’re liable,” said Lara.

According to Caitlin Vega, a legislative director from the California Labor Federation, big box stores have an “indefensible” lawsuit ahead of them. He insists that “Corporate giants must be held responsible for their workers’ conditions.”

In opposition to the bill, Weston LaBar, Chief Executive Office, Harbor Trucking Association, said that the bill is a misguided effort to “overregulate” the trucking industry and rip the drivers of their freedom to operate as independent laborers.

In an email, LaBar added that “this group of California politicians does not understand the port trucking industry. This breach on the driver’s right to select their business model of choice should stop.”

The proposed reforms mark a radical change in responsibility in an industry that once operated underground, separate from other consumer brands with supply chains that primarily rely on port trucking companies.

A previous report by The USA TODAY Network revealed that over 1,100 California port drivers had presented labor lawsuits in civil courts and to the labor commissioner as from 2008—the year the California environmental law that requires trucking firms operating on state ports to replace old trucks with newer rigs.

To evade the cost, most companies forced their independent truck drivers into expensive lease-to-own agreements that they didn’t understand, said USA TODAY Network. When truckers fell sick or missed payment deadlines, the trucking firms fired them and confiscated their trucks.

In total, the California Labor Commissioner has recorded $40 million in judgments against trucking companies ever since 2012.

The USA TODAY’s spotlight on trucking companies exposed the most notorious big-box retailers counting Hewlett-Packard, Target, Hasbro, Ralph Lauren, J.Crew among others. To everyone’s surprise, the federal government, particularly Department of Defense also depends on insolent port trucking companies.

Conclusion

The California lawmakers are determined to go ahead with their intentions. Perhaps trucking companies will have to seek high risk business loans to gather extra funding to free themselves from these lawsuits.

 

Author bio:As an account executive, Michael Hollis has funded millions by using alternative high risk business loan solutions. His experience and extensive knowledge of the industry has become a true asset for First American Merchant.  

Proper Options for the Essential Distribution Now

Once you find sources to buy wholesale products, it is time to start looking for buyers Sales of wholesale products can work in different ways You can use products from distributors or directly from the manufacturers of the products to consumers that the end users different buy and sell option is to send the goods to retailers which, in turn, selling the products to their customers no matter which direction you are going to sell, each target requires different forms of marketing to make the sale. For the Bass Pro Shops – Sell to Bass Pro this is a very important task.

Sell ​​directly

Sale of wholesale goods directly to the final buyer requires either opening a brick and mortar store, using e-commerce, or rely on the e-mail to get orders You can also make arrangements with manufacturers and distributors of products to items ship your customers buy if you do not fall make the space to stock the goods Another option for selling direct requires that you keep your products on online auction sites or through companies that allow you to keep posting your products on their site flea markets you have another way for selling your products, especially useful if you are only on weekends to push your products

Market Direct to End Users

If you sell directly through the internet, use pay per click ads in the search engines and social networking sites to traffic to your website if you open a store, advertise through a grand opening event With signs on and near the store to attract shoppers Post ads in local newspapers about your store’s offer and send flyers to the zip codes where your customers live to get them interested in buying from you To reach potential resellers or end users via email, create from a small catalog, and encourage the recipients to call you to order The catalog also works in conjunction with e-commerce solutions by pointing people to your website to make their purchase. The role of the Wholesale distributor is important here.

Arrange Not Direct Distribution

To sell your products to retailers, identify the types of shops and internet sites that need your goods For example, if you sell computer components, computer repair companies, stores that sell parts, and companies that build custom computers are part of Your target group Look at ways that distinguishes your product from competitors, such as quality, price, or market trends, to create marketing messages they want to buy from you instead of someone else

Promote your products

Use direct mail for retailers to get, explain the types of products you sell and call the pricing to get them excited about you If you have a variety of products that are related to each other, such as jewelry, consisting of necklaces, earrings, bracelets and rings, creating a catalog.