HAULAGE BUSINESS IN NIGERIA- CASH COW

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Haulage means transporting of goods (products) from one place to another. This distance (mileage) between the places of origin to the final destination is what the haulage business charge for. The Haulage business is therefore, simply the business of making goods available when and where they are needed.

Haulage starts from the point of extraction or loading to the point of delivery of the goods (products) for the satisfaction of the final consumers.

Goods that are usually carried include:

(a) Petroleum products such as Premium Motor Spirit (PMS), Dual Purpose Kerosene (DPK), Automotive Gas Oil (AGO), Low Pour Fuel Oil (LPFO) and other Petrochemicals.
(b) Building materials such as sand, clay, granite, cement, iron rods etc.
(c) Agricultural products
(e) Containers/cargoes from the ports
(f) Heavy duty equipments like generators, transformers, pole etc
(g) Solid minerals and other finished products
(h) Commodities like sugar, flour, salt etc.

Haulage distance charged can be within the state of operation e.g. Lagos and is called (Local) or outside the state called (Interstate) or within a geographical region e.g. Southwest, South south etc.

TrucksTYPES OF HAULAGE BUSINESS & VEHICLE/EQUIPMENT INVOLVED
This means the different sections of haulage business one can venture into depending on one capability and other factors. The type of vehicles or equipment used in haulage business differs on the type and nature of haulage.
(a) QUARRY BREAKING-This involves the use of heavy equipment to break mass deposit quarry into smaller granite sizes. In a quarry site which has been acquired by a quarry company with license from the government to break and sell to the public. These equipment, most often are been rented from leasing company and a certain amount is paid at the end of the month as per contract agreement between the two parties. The quarry breaker is the equipment used. It is costly; hence it is usually purchased by leasing companies or banks and rent out to quarry companies.
(b) TIPPING:-This is the use of tippers of different sizes to transport granites from quarry site or sand from the leave or sea for use in construction industries/sites. Tipping trucks or dumping trucks are used to convey granite or sand. They are usually in 20 or 30 tons capacity.
(c) PAY LOADING:-There is the business of using tractors to load granites for trucks at the quarry site or sand at the lake. Pay loader is capital intensive and as a result many investors ignore it, but it is a money spinning investment.
(d) CRANNING-These are equipment use in lifting and transporting of heavy duty equipment like construction equipment, poles, transformers, generators etc. the craning truck has dual purpose, it is use to load and transport cargo.
(e) TANKERING-It is transporting of petroleum products such as kerosene, diesel, petrol, and other petroleum products from depots to their required destinations to satisfy the final consumers. You are bond to make fortune in this section of haulage business because Nigeria is an oil producing country, so there will always be job for you.
There are various capacities and sizes of tankers with capacities ranging between 5,000 – 20,000 litres are used to transport basically diesel and kerosene. The larger capacity tanks 30,000 – 46,000 capacity, however, can be used to carry any of the petroleum products.
(f) TRUCKING-This is the commonest type of haulage business. And it involves the use of different sizes of truck to convey goods, containers, cargo etc from one place to the other until it gets to the final consumers destinations.
Different tonnage of trucks is used for different purposes.

TYPES OF HAULAGE BUSINESS & VEHICLE/EQUIPMENT INVOLVED
This means the different sections of haulage business one can venture into depending on one capability and other factors. The type of vehicles or equipment used in haulage business differs on the type and nature of haulage.
(a) QUARRY BREAKING-This involves the use of heavy equipment to break mass deposit quarry into smaller granite sizes. In a quarry site which has been acquired by a quarry company with license from the government to break and sell to the public. These equipment, most often are been rented from leasing company and a certain amount is paid at the end of the month as per contract agreement between the two parties. The quarry breaker is the equipment used. It is costly; hence it is usually purchased by leasing companies or banks and rent out to quarry companies.
(b) TIPPING:-This is the use of tippers of different sizes to transport granites from quarry site or sand from the leave or sea for use in construction industries/sites. Tipping trucks or dumping trucks are used to convey granite or sand. They are usually in 20 or 30 tons capacity.
(c) PAY LOADING:-There is the business of using tractors to load granites for trucks at the quarry site or sand at the lake. Pay loader is capital intensive and as a result many investors ignore it, but it is a money spinning investment.
(d) CRANNING-These are equipment use in lifting and transporting of heavy duty equipment like construction equipment, poles, transformers, generators etc. the craning truck has dual purpose, it is use to load and transport cargo.
(e) TANKERING-It is transporting of petroleum products such as kerosene, diesel, petrol, and other petroleum products from depots to their required destinations to satisfy the final consumers. You are bond to make fortune in this section of haulage business because Nigeria is an oil producing country, so there will always be job for you.
There are various capacities and sizes of tankers with capacities ranging between 5,000 – 20,000 litres are used to transport basically diesel and kerosene. The larger capacity tanks 30,000 – 46,000 capacity, however, can be used to carry any of the petroleum products.
(f) TRUCKING-This is the commonest type of haulage business. And it involves the use of different sizes of truck to convey goods, containers, cargo etc from one place to the other until it gets to the final consumers destinations.
Different tonnage of trucks is used for different purposes.truck
THE PROPOSAL
The market for haulage is wide; hence demand for the services is always per seconds. As a result of the high rate of importation the demand for the dispatch of containers boxes is high. Also with the current form or our refineries that rely heavily on the importation of petroleum products the demand for petroleum products haulage is high. Hence our proposal is based on TANKERING & TRUCKING.
Trucks for container haulage can be short framed. Trucks for 20 feet containers or ling framed trucks for the 40 feet containers. The cost varies between N3m – N12m depending on the size and age of trucks.
THE INCOME
The Return On Investment (ROI) is high because the patronage is always there. The haulage is a 6 days a week, 30 days in a month and 365 days in a year. The rate of income is also based on the turn around time of the truck. Because of the constraints such as traffic congestion on the road, mechanical faults, etc one could experience a little hiccup. But, with proper management, the haulage service is a high yielding investment enterprise. I will love to give you the ANALYSIS OF INCOME, but will be handled at the Business Round Table- join the BRT. For more information email: chibuzo4u2c@yahoo.com twitter handle @udeozo

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6 Responses to HAULAGE BUSINESS IN NIGERIA- CASH COW

  1. TOM PETER says:

    I am into haulage business and I am looking for truck owners of 30ton dumping trucks and above , we would go into a working M O U to be payed on a agreed amount every month.
    You can reach me on 08146408421, 08080473530. TOM.
    Only serious minded owners should call.
    NB
    All trucks must be in sound and perfect working conditions.

  2. Chuks says:

    Thanks for this info brother. May God bless you abundantly. Nice blog by the way. Please keep posting more info on this particular subject matter as I have interest in it. See my most recent post at http://www.trupals.com/

  3. CHIBUIKE says:

    SUB: EX-SERVICE MEN COVERAGE/PROTECTION FOR YOUR HAULAGE VEHICLES.

    Sir,

    Permit the EX-SERVICE MEN to effectively PROTECT & COVER your haulage trucks and drivers from harassment, extortion, molestation, arrests & detention by touts, illegal revenue agents/multiple tax collectors of all kinds.

    REGISTER your trucks/Drivers today as MEMBER; EX-SERVICE MEN TRANSPORT SCHEME for free movement and uninterrupted operation of your haulage trucks in all parts of Nigeria.

    CONTACT Chibuike or Emmanuel on 0803.3212.317 OR 0809.5708.669 OR call at our LAGOS Office; Plot 4, Suite 24, Association Ave., Governor’s Rd, Ikotun, Lagos – Nigeria for details and registration.

  4. CHIBUIKE says:

    SUB: EX-SERVICE MEN COVERAGE/PROTECTION FOR YOUR HAULAGE VEHICLES.

    Sir,

    Permit the EX-SERVICE MEN to effectively PROTECT & COVER your haulage trucks and drivers from harassment, extortion, molestation, arrests & detention by touts, illegal revenue agents/multiple tax collectors of all kinds.

    REGISTER your trucks/Drivers today as MEMBER; EX-SERVICE MEN TRANSPORT SCHEME for free movement and uninterrupted operation of your haulage trucks in all parts of Nigeria.

    Call Chibuike or Emmanuel on 0803.3212.317 OR 0809.5708.669 for details and registration.

  5. Cizle says:

    I’m currently running a transport company, currently we’re offering taxi services but as the business grows we will venture into haulage thanks for the insight

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