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IRP Plates: Cost-Saving Tips For Your Trucking Company

November 24, 2021 by admin0IRP PlatesIRP RegistrationIRP Renewal

It takes more than knowing how to choose the best routes, on-time delivery, obtaining your IRP Plates, and others to run a successful trucking business. Running a profitable trucking company requires saving more by cutting down your expenses. You need to manage your resources and use them right, control your operational cost while fulfilling deliveries with utmost efficiency.

Managing a trucking business is not an easy task with lots of competition and rising fuel prices. Customers can also be inconsistent with their orders and payment schedules which can affect your turnover. Nevertheless, we do not want a lack of cash flow to stop you from achieving your goals. That is why Global Multi Services put together some cost-saving tips that can help you boost your profits and make your business thrive in the ever-changing world of trucking.

ENHANCE FUEL EFFICIENCY

According to reports, trucking companies spend more on fuel than on any other area of expenses. That means most companies could significantly reduce costs by enhancing fuel efficiency. There are many steps you can take to make these happen. Ensure your drivers understand the value of efficiency by maintaining proper tire pressure, acceleration rates, and many more.

You can also collaborate with companies that offer fuel cards to give you discounts and other benefits at truck stops nationwide. But you need to consider the coverage, savings, and how beneficial; it is for your trucking company before signing up for the program.

GET YOUR IRP PLATES

Saving cost in your trucking business involves registering your company and getting necessary business licenses and permits. Obtaining your IRP Plates and other permits help avoid stopping your truck by the Federal Motor Carrier Safety Administration officials. It helps stay in compliance with the trucking industry regulation and avoid penalties and fines.

You do not have to worry about delays and pullovers. Additionally, running a cost-saving trucking business need proper structure. These allow you to mitigate some risks of unexpected losses and business advantages.

REDUCE TRUCK IDLING TIME

According to the US Department of Energy, idling a heavy truck consumes fuel and increases engine wear even though the vehicle isn’t moving. It is one of the most wasteful yet overlooked habits of many drivers that need to be addressed. Being pulled over to make a quick drop-off or taking a momentary roadside break does not warrant idling.

Trucking companies need to educate their truck drivers about the effect of idling on fuel. But idling can sometimes be impossible to avoid. These include when a truck is stuck in traffic or stopped at an intersection. Nevertheless, there is no reason for a driver to leave a truck idling for no reason.

PLAN YOUR ROUTE

Trucks drivers often have exclusive routes to specific delivery locations. But in some cases, alternate routes may be shorter with lesser delay. So, trucking companies can reduce their cost by planning the most efficient route for each delivery. Checking the weather condition, traffic jams, construction delays, shortcuts, bridges, truck parking, and road limitations will help; make a smooth trip. Thanks to routing software and other apps, drivers now have access to shorter routes, saving fuel and time.

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Important Information About IRP Plate And IRP Renewal

May 27, 2021 by admin0IRP PlateIRP RegistrationIRP Renewal

Obtaining IRP Plate or license for your commercial truck or trailers is a very important process. The process is often easy if your truck only operates in your state. But it can be very complicated if it operates across many states. This is because it falls under the requirement of the International Registration Plan.

The International Registration Plan is an agreement that allows motor carriers traveling across one or more jurisdictions to register in their base state and pay an apportionable fee quarterly based on the distance they’ve covered in each member state.

The registration gives qualified motor carriers permission to travel across one or more member states with a single license plate. This agreement is made between the forty-eight states in the US, ten provinces in Canada, and the District of Columbia.

IRP Plate Registration

Before you can register for the International Registration Plan, you have to set up an account in your base state where your motor carrier is registered. Then fill the application form which includes name, proof of residency, telephone number, operational record in the jurisdiction, and many more.

Requirements for IRP Plate registration vary from state to state. Therefore, it is important to contact your base state to know the forms you need to fill and the documents you need to submit. You can also go through the forms on your base state website to avoid delay when you get to their office.

The best way to relieve the stress of going through this process is to find the right partner. Global Multi Services has extensive knowledge about the requirements and documentation regarding IRP Plate. We can help you navigate your IRP Plate registration process and we also help many motor carriers file for IRP Renewal without any stress.

Benefits Of Obtaining IRP Plate

Obtaining an IRP Plate and Filing for IRP Renewal indicates you have paid a registration fee for all the member states you will be operating in during your registration period. Your IRP plate numbers also serve as proof that you have registered in your base state.

Rather than registering in each state you travel through, you will be given a license plate from your base state. This saves you from purchasing a permit at the port of entry of each member state.

What You Need For IRP Renewal

Keeping track of all the distance traveled in each member state is necessary if you want to file for IRP Renewal. The date of renewal varies from state to state and your base state will be responsible for determining the deadline for filing IRP Renewal.

Your base state will send you a renewal application before the deadline. The application contains all the information of the motor carrier currently in your account and instructions for completing your application. You need to complete the IRP Renewal application for each motor carrier in your account.

After sending your application form, an invoice will be sent to you if you meet all the requirements and your application is processed. Once you receive the invoice, you can proceed to payment through mail or credit card.