Transportation companies are the lifeblood of commerce and our economy. However, they increasingly face challenges that are unique to their industry. Porte Brown has made a strong commitment to maintaining a thorough knowledge of key transportation business factors and current industry trends. In addition to traditional accounting, auditing, tax and consulting services, our Transportation Practice Group has the technical skills and financial expertise to address the specific issues transportation company owners face on a daily basis. We strive to provide our transportation clients with the scope of services and personal attention that fulfills their company’s accounting and business consulting needs for their continued success and growth.
You wouldn’t put your transport vehicles on the road without having the right driving talent and insurance policies in place, right? Many truck companies, rightly so, spare no expense when it comes to safety on the roads. They make sure all vehicles have had periodic maintenance checks and are up-to-date with governmental requirements and regulations.
So why would you take chances on the bookkeeping and accounting side of your transportation business? The reason many transport companies fail to address their trucking accounting needs is because they don’t give it the level of attention that it truly deserves, or, more often than not, they don’t have the time or know-how to deal with it. This is exactly why you need to take a step back and let Porte Brown look after all of your transportation accounting needs.
Our experienced staff has been working in trucking company accounting for many years. Transportation accounts are one of our areas of expertise, and each member of our team has specialized field experience and has developed strong, long-term relationships with a multitude of trucking and logistics clients. Our accountants are ready to help you with any issues you may have. This includes traditional accounting, business management, financing, business valuations, and retirement planning services.
We understand that the logistic accounting side of your business is not always your top priority. This is why you should leave it to the experts at Porte Brown. This allows you to dedicate more of your precious time to your business, while we make sure you are maximizing your company’s profits and keeping your taxes at a minimum. With the peace of mind in knowing that Porte Brown is handling your trucking accounting needs, you will be free to concentrate on doing your best work elsewhere.
Like many other industries, the world of transportation has seen tremendous growth and technological changes over the years. Some of these changes enhance the experience and day-to-day operations of transport companies, while others create new challenges.
Some of the more critical new developments come from fuel costs and the need to be more environmentally friendly. Managing fuel costs is not an easy task considering it directly impacts the profitability of a transportation company. Strategies such as “fuel hedging” may be employed by some companies, where they buy fuel in bulk at a fixed price. This, at least, means no volatility in prices.
Another challenging factor that transportation and logistics companies face is the maze of government regulations. These can have an impact on issues ranging from health and safety to labor practices and environmental policies. These complicated laws are difficult to get your head around and often cause confusion and costly mistakes for business owners. Having a reputable trucking accounting services company like Porte Brown means you can rest easy in knowing that a professional team has your back.
One positive trend for the industry has been the growth in e-commerce. This has opened up new revenue opportunities throughout the transportation sector. With many consumers buying goods online and more businesses expanding the scope of their operations via the internet, there has been a steady increase in transport demands.
As an experienced trucking accounting company, we keep a constant eye on trends and changes within the industry and offer strategic advice when necessary. Want to learn more? Check out our quarterly Transportation Industry Report.
If you are looking for expertise, efficiency, and unmatched knowledge for your logistics accounting needs then look no further! Here are some of the benefits of choosing Porte Brown:
As you are surely aware, accounting for trucking companies has its own unique set of rules and regulations. We bring a unique perspective to your business and help you minimize costs, reduce taxes where possible, and find solutions to complicated financial issues.
Please contact Porte Brown’s Transportation and Logistics contact, Michael Massaro, CPA, at 708-429-1040.
Get in touch today and find out how we can help you meet your objectives.