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BYX News: See Our Freight Company on Shoutout LA! 

We’ve said it before and we’ll say it again; at BYX, we’re a family. Over 40 years ago, our freight company was built on family values. Dedication to serving our community is part of our DNA. This December, we were thrilled to be featured by Shoutout LA. In an exclusive interview, BYX owner Jay Newjahr shared the secrets to his success. 

Jay’s Take #1: Risk-taking and entrepreneurship are intrinsically linked. 

Wouldn’t it be nice if you could meet your business goals without taking even the slightest risk? Sadly, risk-taking is part of the game. The willingness to take risks is what sets dreamers apart from doers. Taking risks was always part of the business, but Jay’s approach has evolved with experience.

“In my earlier years, I was more apt to take larger risks without as much thought to the possibility of failure. As I’ve gotten older, I still take risks often, but they are more well thought out. Even the smaller risks can yield important successes. I believe it’s important to challenge the norms and push the envelope.”

As daunting as risk-taking may be, getting comfortable with risk is critical to long-term growth. If it still feels intimidating, try looking at it differently. Instead of an obstacle, view risk as a motivating challenge.

Jay’s Take #2: Take it from a freight company and plan ahead. 

The smaller your company is, the more important it is to take calculated risks. At the same time, risks are scarier when you’re just starting out. To help alleviate risk-taking worries, prepare yourself for failure. 

“If the risk isn’t going as planned, I’ve always got a plan B and plan C. Even when I have failed, the experience has been important in informing the thought process for the next one.”

Jay’s Take #3: Resilience isn’t optional. 

Being successful in business means rolling with the punches. The game is always changing. Over the last four decades, BYX has evolved drastically; we started out with a single pickup truck, and we now operate out of two massive warehouses! That didn’t happen by accident, and it didn’t happen without bumps in the road. Without resilience, BYX might have never left the Newjahr’s garage.

“Especially in a highly saturate and competitive market, only the most resilient and committed survive. Along the way, I’ve learned that no matter the challenges, as long as you just keep going and don’t give up on the commitment to your success you will find a way through.”

Jay’s Take #4: Enthusiasm and encouragement are key. 

Being an entrepreneur is a tough gig. Entrepreneurs wear many hats, and they need to rock all of them! We’re talking about people skills, business savvy, time management, and grit, just to name a few. You can’t juggle all of that if you don’t believe in your own success. For Jay, optimism made a huge difference in keeping setbacks in perspective. 

“I tend to assume the win and focus my sights on that instead of questioning the risk and overwhelming myself with the what-ifs. The team calls me “the encourager” and I love that title. If I can encourage someone else to take the chance to do more, that’s what I’ll do.”

Jay’s Final Take: Whether you own a freight company or a retail store, don’t forget about gratitude. 

While Jay and his father both invested their own blood, sweat, and tears into their growing freight company, there’s no such thing as a selfmade man. The success of BYX was a team effort, starting with family. After Jay bought the business from his dad, his wife Lara was his greatest supporter. Nine years ago she officially joined the team, and today she holds the title of President. 

According to Jay, “She grounds me and makes me think about things from many different angels. She balances me with her more thoughtful and analytical approach. She’s always there by my side hustling and working hard for our success, and I couldn’t do any of it without her.”

As the leaders of BYX, Jay and Lara made it their goal to extend that “family feel” to every member of the BYX team. After decades of success, they must be onto something! 

For more insider tips, plus a list of Jay’s favorite South Bay spots, read the full interview here.

Tired truck driver with head in his hands

Trucking Company 101: De-Stressing Your Workplace

Let’s talk about stress. When there’s too much on a person’s plate, not enough time, or too much pressure, we feel stressed. It’s a familiar experience for most working adults, but feeling stressed all the time is nothing to ignore. Stress can cause low energy, insomnia, reduced immune function, anxiety, and countless more frightening effects on the body. For a trucking company like BYX, putting an overworked, stressed-out employee behind the wheel is actually dangerous!

Stress in the workplace has serious side effects, including low company morale and employees who are unmotivated and burnt out.  By addressing the root causes of workplace stress, business owners and managers can build a healthier, happier, more productive work environment. Keep reading to explore what might be stressing out your staff, and learn how to fix it.  Read more

Empty trucking warehouse

Trucking Companies in Los Angeles Expect a Driver Shortage in 2021. Here’s What It Means.

2020 has been a strange year across all industries. For trucking companies in Los Angeles, however, a significant upheaval has been brewing for years. A combination of factors has led to plenty of demand, but not nearly enough supply. The economy took a hit when COVID-19 first began, but the limited number of drivers on the road will pose challenges as it begins to reopen. To find out what the future of trucking might look like for local freight companies and their customers, keep reading.

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5 Simple Steps to Enthusiastic Employees

Between COVID-19 and wildfires, 2020 has thrown up plenty of roadblocks. This is especially true for business owners and their employees. For local freight companies like us, work has been busier than ever, but in many other industries, that’s sadly not the case. 

When work is slow or sporadic, even the most productive team can become sluggish and stressed. Fortunately, business owners can help! Keep reading to learn five easy ways to elevate, engage, and excite your employees. (Even in 2020!)

1. Show Gratitude

Everyone thrives off appreciation, and your employees are no exception. Team meetings are a good start, but teams are made up of individuals. By acknowledging the skills and contributions of each team member, you’re telling them, “Hey! You’re not just a chess piece to me. You’re important to this company and I’m glad you’re here.”

The more your team members feel valued, the more value they’ll add!

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trucking companies

How to Minimize the Impact of Rising Trucking Costs

How do you lower the costs of freight transportation when trucking industry prices are rising dramatically? Trucking companies are facing skyrocketing prices and cost volatility in the current economy. A recent 2019 update to the “Analysis of the Operational Costs of Trucking” study released by the American Transportation Research Institute (ATRI) shows that almost every carrier cost has risen since 2018.

The average marginal cost per mile for carriers rose to $1.82, a 7.7 percent increase from 2018 to 2019. Fuel costs rose nearly 17.7 percent, marking the highest year-over-year-growth of all trucking costs. The second highest cost growth was the price of insurance, which increased 12 percent. Due to the driver shortage, which is expected to more than double over the next 10 years, wages increased approximately 7 percent while benefits increased around 5 percent. The costs of repair and maintenance also rose to 17.1 cents per mile. While the technology associated with diagnostics and repairs has advanced, there are less technicians versed in the newer equipment. The severe shortage of these technicians has resulted in higher labor costs in this field.

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freight companies

The Impact of the AB5 State Law on Freight Companies

The California Assembly Bill 5, also known as the AB5, passed in September and is making waves across many industries, including transportation and freight. The AB5 bill limits independent contractors in the state of California, including owner-operator truck drivers and freight companies. It may be a wise decision to take a look at your vendor list and decide who you should work with. Although it may not seem like too large of an issue as a vendor, hiring independent contractors or companies that use independent contractors in 2020 may become a larger issue.

In order to be marked as an independent contractor, the worker MUST follow these three rules known as the ABC Test:

(a) the worker is free from control and direction in the performance of services; and
(b) the worker is performing work outside the usual course of the business of the hiring company; and
(c) the worker is customarily engaged in an independently established trade, occupation, or business.

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cargo

6 Tips for Palletizing Cargo

Good packaging is key to keeping cargo intact throughout its shipping journey. Using a pallet is one of the best ways to ensure your cargo arrives safely and securely at its destination. Pallets are stable transport plates made from wood, plastic or metal that are core components of modern logistical processes. Palletizing your cargo keeps it protected throughout loading, transport and unloading—and makes the entire process faster and more efficient. Pallets also make it easier to move everything from small packages to large bulky items with machinery like a forklift or pallet jack.

It’s essential to carefully prepare pallets and packages for shipping. Read on for tips on properly palletizing your freight.

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freight companies

The Impact of Longer Detention Times

A recent study by the American Transportation Research Institute (ATRI) found that truckers are waiting longer at customer docks than in previous years. The wait times associated with both pickup and delivery, known as “detention,” rose significantly since 2014, when more than 1,900 fleets and 1,600 drivers from various freight companies were originally polled. Drivers reported a 27.4% increase in delays of six hours or more when they were surveyed again in 2018.

This research conducted by the ATRI, which is the independent research arm of the American Trucking Associations, brings awareness to the full financial impact associated with detention times. As truckers spend longer time periods waiting at loading docks, this cuts into revenue and gross profits for freight companies and drivers, and ultimately, increases consumer costs. According to a 2018 report by the Department of Transportation, wait times are estimated to cost trucking companies and drivers over $1 billion per year in revenues lost.

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What is a Liftgate Service and Why is it Important?

What is a Liftgate Service and Why is it Important?

One of the more commonly overlooked services in the shipping industry is called a liftgate service. It is required for many companies, especially those in residential-style buildings. A liftgate service is required in some instances, but it does come with an extra fee. Since shipping companies often must explain why it is required and why there is an extra fee, here are some common questions and answers.

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Driver Shortage vs Capacity Shortage | Best Yet Express Trucking

Driver Shortage vs Capacity Storage

Freight markets have seen some changes in 2019. The entire shipping industry is seeing changes from several critical points. While some carriers have had steady and reliable contract business, the more common transactional spot market is having a tougher time.

The two main areas of influence are the driver shortage and the issue of capacity storage. Each is slightly different but have a large impact on the current conditions of the freight market.

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