We partner with transportation companies and understand the complexities and pressures shaping their business.
From strategic planning to financial modeling, we help transportation businesses identify and pursue growth opportunities while managing the capital requirements that come with them.
Fleet investment decisions require careful financial modeling and capital planning. We help you examine options, negotiate financing, and build budgeting, cash flow, and forecasting processes that support your growth trajectory without overextending the business.
Labor is both the largest cost and the most critical operational variable for transportation businesses. We help you bring structure and visibility to workforce performance through KPIs, benchmarking, and financial infrastructure, while offering executive coaching and leadership development to build stronger, more capable leaders.
Transportation businesses that cross state lines encounter nexus obligations, fuel tax reporting under IFTA, apportionment rules, and multi-state payroll compliance. We help translate these intricacies into a clear, forward-looking strategy—providing visibility into future payments and identifying opportunities to reduce tax burden within the rules.
Many transportation businesses are family-owned and face the complexity of passing the business to the next generation or exploring a sale. We have proven success helping transportation clients navigate these transitions.
Transportation businesses frequently navigate federal and state government contracts, regulations, and programs, each with its own compliance, reporting, and financial documentation requirements. Getting these right protects your contracts and your standing with the agencies that award them. We help manage these demands so you can focus on your business.
A New Jersey school bus company has grown into a complex organization with multiple entities, rental properties, and a leasing operation. Ken May and the hfco team have been a constant presence, weighing in on everything from vehicle purchases and property acquisitions to cost segregation studies and long-term growth strategy.
We serve school bus and motorcoach operators, trucking, freight and logistics companies, and a range of other transportation businesses across New Jersey and Pennsylvania. Our experience spans both large fleets and smaller owner-operated businesses.
Labor is the most significant cost and operational variable for most transportation businesses. We help you establish key performance indicators, build management reporting, develop the financial infrastructure to support better workforce decisions, and offer executive coaching and leadership development to build stronger teams.
By Ken May, Partner In modern society, transportation is more important than ever. People take for granted that they can move around the world easily and have products delivered to their door in a day. ...
By Ken May, Partner I may be part of the last generation that had to know how to read a map because practical GPS solutions were in their infancy when I started driving. Now I...
By Ken May, Partner Working with my transportation clients at Haefele Flanagan, I’m often asked, “Should I lease, or should I buy?” As with many business decisions, this is not a one-size-fits-all solution. My recommendation...
Let us know where your business is headed and the issue you’re looking to solve.
