Risks are inevitable for any business. However, they are quite a consideration when it comes to the trucking business and logistics. If you are one of those companies that comes from the famous trucking spectrum, we can tell you how you can manage your risks and contingencies. Fasten your seatbelts – this is going to be a swell ride.

    What kinds of risks can come up in trucking and logistics?

    If you live in Dhaka, provided the traffic and high population, you know the kind of risks a pickup truck in Dhaka would typically go through. But let’s dive a little deeper and understand it in depth – shall we?

    Demand risks: When the business estimates the wrong demand for products. This can be lower or higher demand, either one can take a hit on the company’s overall performance.

    Geopolitical risks: Logistics involves a large amount of crossing borders and regions, this can pave the way to more geopolitical risks, and it could also be too much for a business to watch out for.

    Supply chain disruptions: A small dent in the supply chain can go a long way in preventing perfect performance. It can even bring a business to a standstill. These disruptions could be delays at the warehouse, vehicle breakdowns, employee absences, and much more.

    Dangerous drivers: You can never know what the driver is doing away from the destination and away from the start point. If the driver is not careful, it could lead to roadside accidents, damage to products and much more.  

    External risks: External matters like natural disasters, client issues, and more can also significantly impact the business’ overall performance.

    Logistics delays: Delays are a much-feared risk on the logistics spectrum, for customers or the business. This is why it is important for the company to keep an eye out for uninformed delays.

    Extreme weather: Bad climatic conditions can greatly impact the trucks used for shipping goods from one location to another.

    How to Overcome These Risks and Contingencies?

    There are some ways you can overcome these risks, and they have been listed below for you:

    Demand risks: The best way to avoid demand risks is through proper insights into your potential customers, inventory, and more. Proper knowledge of the details will give you the right estimate of the business’s future demands.

    Geopolitical risks: Being aware of news and having a good network with destination location clients and third-party suppliers can help you be aware of geopolitical issues that could arise in the future.

    Supply chain disruptions: Creating a good working environment, updating the next of accountable authority, and well-maintained trucks can help avoid the different kinds of disruptors on the supply chain. To further optimize your logistics operations, it’s beneficial to regularly search for truck loads that match your schedule and capacity.

    Dangerous drivers: A proper screening and recruitment process can implement competent drivers into your business cycle. For this, you will have to plan ahead, know the kind of drivers you want, and interview them in ways that will help you identify their nature and responsibility.

    External risks: There are very few ways to lessen external risks, but you can surely know how to channel them within the business. Always have backup plans for possible external risks that could arise.

    Logistics delays: Delays can happen, and sometimes they are no one’s fault. The best way you can handle these logistics delays is to implement live tracking for your clients, this will alert them when you are stuck in traffic, or if there are issues with why the delay is happening.

    Extreme weather: Extreme weather is unavoidable and can also be constant in some locations. However, one way to prepare for this risk is through weather forecasts and precautions.

    This is just a tiny tip of the iceberg, and there is so much you would have to know when it comes to starting your own logistics business. Make sure you know them before you get started.


    You can look at Porter Logistics Dhaka for an example of how live tracking systems and precautions attract more customers. If you are someone thinking about the risks, you can find peace in knowing that there are ways you can avoid those risks easily.