The TruckVin.com Podcast

Zach Ellis

Join host Zach Ellis, CEO of TruckVin, as he discusses insights on the Transportation Industry, entrepreneurship, and high achievement with today's top industry experts. TruckVin is America’s foremost truck buyer. As a trusted partner to thousands of fleets across the nation, you can rest assured we’re professionals when it comes time to divest your assets. read less
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Episodes

Thinking of Selling Your Semi Truck? What You Need To Know
Jun 27 2023
Thinking of Selling Your Semi Truck? What You Need To Know
The market still isn't quite sure what it's going to do, and it seems like every day in 2023 has been a bit different. However, through this uncertainty we know there are times when you still may need to sell your used truck, and we're happy to help you out with that.In this episode of the TruckVin.com podcast, CEO Zach Ellis breaks down the process of selling your used semi truck, and what you can expect should you decide you're ready to move forward. Here's an inside look into our process:Step 1: Go to https://www.truckvin.com/get-a-free-quote/ and fill out the information. Based on what you provide, we'll send over an offer.Step 2: Once you accept the offer, we'll send over a Docusign, and then you'll schedule the inspection for your vehicle.Step 3: Once the inspection is complete (and we never do the inspection ourselves, we always use a third party), we'll get the inspection results within about 24 to 48 hours.Step 4: A buy rep from our team will review for any issues and verify if anything needs to be fixed.Step 5: We'll just then confirm the wiring instructions, and it's that easy.Zach also talks about the current market, and his predictions for the second half of 2023. Plus he discusses why selling might be the best current option for you, even if you may not get top dollar for your truck. If you would love to be a guest on the TruckVin.com podcast, please reach out to buy@truckvin.com, and we would love to talk further.For more information or to get a quote for your truck, visit: TruckVin.com.To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLC
Trucking Industry Trends: What You Need to Know
May 16 2023
Trucking Industry Trends: What You Need to Know
On this episode of Truckvin.com Podcast, Zach Ellis is back discussing what's happening in the transportation and trucking industry, and what's most important for those to know who are trying to thrive during uncertain times. Zach dives into the increase in the use of electric vehicles (EVs) in the trucking space and informs listeners that six major manufacturers are already offering heavy-duty EVs.  He also provides insights into JD Power's report on the commercial vehicle market. The report states that used truck sales increased in March 2023 due to the difficulty in getting new trucks last year, which drove up new truck prices. Retail trucks from dealerships sold for an average of $76,102 in March 2023, with around 455,000 miles.Finally, Zach mentions that there is a vast inventory of used sleeper trucks with higher-than-normal mileage, making it an "800-pound gorilla" in the used truck market. To learn more about America's foremost truck buyer, contact them at 855-TRUCK20 or visit truckvin.com.If you'd like to be on the podcast, be sure to email us at buy {at} truckvin.com and put 'Podcast' in the subject line.For more information or to get a quote for your truck, visit: TruckVin.com.To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLC
What Happened During Q1 and How To Prepare for Q2 In the Trucking Industry
Apr 4 2023
What Happened During Q1 and How To Prepare for Q2 In the Trucking Industry
What goes up, must come down.In 2022 we saw historically high rates for used trucks, fee rates, etc, many companies in the transportation industry made a lot of money. However, as we close out the first quarter of 2023, we're seeing a steep decline in numbers throughout the industry, including freight rates with no end in near sight.In today's episode of the TruckVin.com Podcast, CEO Zach Ellis breaks down some of the current data in the industry, and the average numbers as the first quarter of the year closes out. He talks about some of the big moves made in the industry, including Knight Swift's buyout of U.S. Express. He talks about how the number used semi trucks for sale has nearly doubled in the last six months, and what you need to do to stay alive in an industry where companies are shutting down quickly.He also talks about recent trends he is seeing in the industry with companies quickly trying to sell trucks and get bids, and why honesty and loyalty will always be a key factor.Link to the video of the SVB Collapse: https://youtu.be/IQsu_CDhhv8.For more information or to get a quote for your truck, visit: TruckVin.com.#podcast #truckingpodcast #trucking To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLC
What Commercial Bankers Look For In the Trucking Industry
Mar 7 2023
What Commercial Bankers Look For In the Trucking Industry
When it comes to establishing a relationship with a bank, what are the most important things they’ll want to know? In this episode of the Truckvin.com podcast, Zach Ellis interviews Kellie Mingori, who has worked in the finance industry for 20 years. Kelly talks about her upbringing in a small town in Iowa, where her father was a radio DJ and her mother was a beautician. She also reflects on not getting to experience life outside her small town until she was 19Kellie shares her story of starting at a modest beginning, but how her sense of family drove her values and desire to give back. She talks about how giving her brother one of her kidneys when she was just 19, helped to change her focus on life. This experience inspired Kellie to pursue a career in finance. After starting at the bottom, she worked her way up to become an equipment finance partner at Webster Bank. She now helps others to achieve financial success by providing valuable insight into the trucking industry.Kellie also offers great advice on what every trucking company should know when they’re working with a bank, and the questions they’re going to ask in determining whether or not they should create a business relationship with you or not. She also discusses why you should be prepared for the hard questions, not because they’re trying to be intrusive, but because they want to understand all areas of your business so they know you’re not set for just right now, but you can also weather any storms that may come your way. She also wants business owners to be on the same page for the awareness of risks that they’re both taking when beginning a relationship. They must be willing to craft different solutions for each client, as each situation is unique. To connect with Kellie, visit her on LinkedIn at: https://www.linkedin.com/in/kellie-mingori-0b3a9522/To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLC
Why the Future is Bright for the Used Trucking Industry
Feb 14 2023
Why the Future is Bright for the Used Trucking Industry
The transportation industry has been on a roller coaster, with resale costs skyrocketing, fuel prices fluctuating, and supply chain issues that never seem to disappear. However, as rocky as it’s been, Mike Gardecki believes the future is still extremely bright.Mike is an experienced and established Used Truck Manager and is a Buyer and Wholesaler with 27 years in the commercial used truck sales industry. He also sits on the board of the Used Truck Association. Mike joins Zach in this episode of The TruckVin.com Podcast to discuss the current state of the industry and how things have drastically shifted since last year. He also talks about the types of trucks that are in higher demand, some of the challenges he’s finding as larger companies are s becoming competitors, and what he’s looking most forward to in the future. They also discuss the Used Truck Association and how he’s seen it grow from 77 people to several hundred. Plus, he talks about why this is such a valuable resource for those in the transportation industry. To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLCTo connect with Mike and to learn more about the Used Truck Association, visit: https://www.uta.org/Or https://www.mktruckcenters.com/
Funding Your Next Big Idea - Is it Worth It?
Feb 7 2023
Funding Your Next Big Idea - Is it Worth It?
So you’ve got the next big idea for a business, but is it an investable idea? Is it something you should even pursue?In this episode of The TruckVin.com Podcast, Zach welcomes co-hosts of the Winning Strategies Playbook Podcast, Megan Linder and James Pederson, and they’re talking all things starting and building a business, whether your goal is to keep it small or get funding and build the next great idea.James is a relator, entrepreneur, and real estate investor and is currently in a hyper-growth stage in his company, Stacks Property Services. Megan works in venture capital as a deal scout, specifically in the healthcare industry, and matches companies with potential VC funding. Megan and James offer insight into what it really takes to be an entrepreneur and when venture capital funding may be the right fit. They also talk about growth, why ‘overnight’ successes never tend to be accurate, and why not every person is meant to be an entrepreneur. They also talk about how growth can be a tricky thing, and although we think we want massive growth fast, oftentimes, it isn’t our best choice. Going slow and becoming great at your craft is usually the best recipe for long-term success. To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLCResources Mentioned: https://www.businessnewsdaily.com/5446-porters-five-forces.htmlTo connect with James, visit: https://www.linkedin.com/in/jamesepederson/To connect with Megan, visit: https://www.linkedin.com/in/megan-linder-5b3763162/
Private Wealth, Building the Future
Jan 31 2023
Private Wealth, Building the Future
When it comes to building your business, there are many meaningful business relationships you need to develop. However, only a few are as important as the relationship with your banker.In this episode of The Truckvin.com Podcast, Zach Ellis is joined by Sr. Vice President at Origin Bank, Bill Kresser to talk about why the relationship between a banker and business owner is so important and what you should look for when selecting a bank.Bill also talks about why the size of a bank matters when you’re starting to shop, as you want to make sure they’re small enough that they are willing to take your call when you need them to and work out a plan together. However, you also want to make sure that they’re big enough to handle the large deals that may happen in a short amount of time.They also discuss the relationship aspect and what qualities business owners should look for when talking to potential bankers. This should be a relationship that goes both ways, and both parties are growing together.Plus, Bill talks about what keeps him motivated and how he structures his day and routines to make sure every day is as successful as he a make it. To Connect with TruckVin.com, visit: Twitter: https://twitter.com/truckvinFacebook: https://www.facebook.com/truckvin/Instagram: https://www.instagram.com/truckvin/YouTube: https://www.youtube.com/channel/UCzlgZtN7D1GZLNlDS0lYrcwVisit our website: TruckVin.com or call us at: 855-878-2520Trademark: TruckVin LLCTo connect with Bill, find him on LinkedIn at: https://www.linkedin.com/in/billkresser/