ENGLISH

Trucking Business Management: Cases and Concepts

By Debjit Roy; G. Raghuram; Rekha Jain; Sanjeev Tripathi; Kirti Sharda

Book information

Publisher
McGraw-Hill Education
Year
2014
ISBN
9789385965128, 9385965123
Language
english
Format
PDF
Filesize
8 MB (8598920 bytes)
Pages
\324
Time added
2020-05-03 11:35:59

Description

The trucking business in India deserves special attention. It is estimated that about 8 million goods vehicles ply on Indian roads, out of which about 25 per cent are heavy commercial vehicles (with a load capacity of 7.5 tonnes and above). More than 75 per cent of the trucks are owned by fleet operators with a fleet size of five or less. Fleet operators are mostly family-run businesses and hence they evolve with the ideologies and business principles of the family. Such evolution has led to varying business practices and levels of technology adoption. Decisions were not taken in line with modern business practices. Another trend was the relative reluctance of the next generation of these families to join their family business due to the perception that the trucking business was less appealing vis-à-vis the other options that they had after higher education. To fill this widening business-practice gap and in an attempt to impart a professional approach towards enabling the trucking business to grow, the Mahindra Truck and Bus Division (MTBD) partnered with the Indian Institute of Management (IIM) Ahmedabad to impart management education to the next generation transporters in trucking business. This youth transport Management Development Program (MDP) was called MPOWER, signifying youth transporter empowerment. Typically, a second-generation transport entrepreneur (son and daughter of a transporter/truck fleet owner) in the age group 21 to 40 years was targeted to be a participant for the MDP. Most of the participants were well educated (many of them had obtained degrees from foreign universities), ambitious and progressive, keen to be the change agents in the road transport ecosystem, innovative, and technology savvy. They shared a common vision, which was to professionalize their family business and take it to the next level. In this book, we include teaching cases based on real-life transport business situations that highlight some of the above-mentioned issues. Through these cases, the reader would be able to appreciate the decisions in the transport business, the challenges that are faced, and use appropriate decision tools to develop solutions. We include a collection of two chapters and 12 cases. The first chapter discusses the significance and structure of the trucking business. The second chapter highlights the HR practices in the trucking business particularly related to driver management. The 12 cases have been developed with close cooperation from several transport companies such as Agarwal Packers and Movers Limited, Navigators Logistics Company Private Limited, Shreeji Transport Services Private Limited, KM Trans Logistics, and Instant Transport Solution Private Limited. There are other companies whose names have been disguised to protect their identity. Apart from the new cases, we have consciously decided to include a few cases of earlier vintage, since the issues raised and the analytical approach adopted continue to be valid. Title Table of Contents 1 An overview of the Trucking Sector in India: Significance and Structure 2 Driver Management Practices in Trucking Industry Cases Case 1 Case 2 Case 3 Case 4 Case 5 Case 6 Case 7 Case 8 Case 9 Case 10 Case 11 Case 12

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