In this episode of Freight Nation: A Trucking Podcast, host Brent Hutto is joined by Dan Doran, Director of Business Development for Diamond Transportation System Inc. Join them as they discuss the challenges of industry deregulation, Dan’s career journey, and the importance of networking.
In this episode of Freight Nation: A Trucking Podcast, host Brent Hutto is joined by Dan Doran, Director of Business Development for Diamond Transportation System Inc.
Join them as they discuss:
- Dan’s career journey
- Navigating the challenges of industry deregulation
- Leading significant growth
- Embracing modernization
- How to build strong relationships
- The importance of networking
Dan Doran comes from a third-generation trucking family and has led several successful trucking companies, including Ace Doran Hauling and Rigging, C&G Transportation. He is now Director of Business Development for Diamond Transportation System Inc, where he is responsible for growth through customer additions, owner operator recruitment, and freight agent solicitation with a primary focus on the flatbed market.
Episode Highlights:
[10:40 - 16:18] Dan discusses the impact of deregulation in the trucking industry, a shift that transformed operational models. He explains how prior to deregulation, companies had to apply for transportation authorities through the Interstate Commerce Commission (ICC), which involved substantial expenses and procedural hurdles. Deregulation simplified this process, allowing carriers to obtain state authority with far less effort and cost. However, this shift also devalued previously expensive assets, such as authority rights, fundamentally changing the financial landscape for many trucking companies.
[28:57 - 35:12] Dan discusses how early adoption of technology, including a computerized system, played a vital role in streamlining operations at his organization. While the implementation of imaging and digital processes initially met resistance, it ultimately allowed the company to become more efficient, handling the same workload with fewer people. Although this modernization didn’t directly fuel business growth, it significantly improved operational efficiency, contributing indirectly to the company's success. This shift toward more decentralized and automated freight brokerage helped the company stay competitive in an evolving industry.
[47:51 - 48:50] Dan stresses the critical role of networking and personal relationships in the business world, particularly for younger professionals who might lean towards a more remote or office-centric approach. He observes that many young individuals are becoming increasingly comfortable completing their tasks without engaging in face-to-face interactions. While he understands the challenges posed by busy family lives and dual-income households, he cautions against neglecting the personal connections that can arise from networking. Doran believes these relationships are not just beneficial but essential for career growth and success. He encourages professionals to prioritize networking opportunities, reminding them that building trust and rapport with others can lead to lasting partnerships and new opportunities in the industry.
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