Whether you wish to start a local or a long-haul service, these auto transportation business ideas for 2020 should help jog your thoughts to help you come up with the type of business you wish to start.
Rising fuel costs have led to an increased demand for public transportation services, and this industry provides 1.1 million jobs for Americans each year. According to the American Public Transportation Association (APTA), one can expect a $4 return on investment for every $1 invested in the transportation industry.
Each $1 billion invested in the industry, creates approximately 50,000 jobs.
List of Top 10 Auto transport Business ideas for 2020
1. Electric Charging Station Provider
Electric vehicles are the future of auto transportation and electric vehicle charging stations are the stem of this electric revolution. If you own a highly frequented property, you might consider for proceeding with this business idea. Electric charging station providers are trending because of the constant growth of electric cars, scooters, hoverboards and most definitely is one of the future business ideas for 2020.
2. Courier Services
If you have time and reliable transportation, you could almost start this type of business overnight. You can start out and sign any car to collect and deliver small parcels, and as you grow your business through reliability and consistency, you can always expand your fleet.
3. Public Transport Owner
You could be an owner-driver of a public transport vehicle (once you have obtained the appropriate licensing and permit). Simply look at what other providers are doing, and brainstorm ideas in which you can disrupt the market.
As a trucker, you can fulfill contracts by transporting goods between different locations. You could join job forums, where you will bid on contracts, and if hired, transport the goods between the locations. There are two options: you could own your own truck and subcontract to drivers, or you could employ your own drivers. Alternatively, you could drive your own truck if you are so inclined.
5. Small Moving Company
If you have a van, you could start your own small moving company. You could either hire our your truck for mini-moves, or you could be a full-service moving company. If you offer moving services, you may need to hire people to help you, and you must train them on how they should behave in clients’ homes, as well as packing and moving procedures.
6. Livestock Transportation
You could do small scale livestock transportation of personal animals without any specific licenses. However, you will need bovine or equine experience if you want to do commercial livestock transportation. You will also have to be clear on the regulations for livestock transportation across state lines.
7. Marine Auto Transportation
If you’re looking for huge auto transportation business ideas, this is one of the biggest. With so many shipping ports in America, people are always looking to ship cars and goods by boat, usually to international destinations. If you know a bit about customs regulations and you’re an expert coordinator and scheduler, this business idea might be right up your ally. Alternatively, you could also transport goods or vehicles along inland water channels.
8. Cargo Tracking
Cargo Tracking might be one of the best business ideas for 2020.
So you see the demand for auto transport services, but you don’t have the capital to start an auto transportation business? You could become a cargo tracking specialist, who helps shippers track their imports or exports. You could collaborate with auto transportation companies and other businesses that require shipments to be tracked.
9. Cross-Border Auto Transportation
Companies import and export goods between America, Canada and Alaska all the time. That means that if you have a truck, you could be driving goods across the borders on a regular schedule.
10. Business idea for 2020 that involves Drone Logistics
– Just look at Amazon. It works for them. This business model is very scalable, and it can be combined with almost any delivery business idea. Either you are delivering presents, or you simply want to send a drone for assistance, this can become a very profitable business idea.
Reliability is the name of the game no matter what your auto transportation business idea is. Customers often rely heavily on timely delivery of their goods, so by making sure that you always under-promise and over-deliver, you will become their go-to person.