Why Truck Rental Partners are a Mining Company’s Best Friend

All mining operations depend on having the right vehicles to move people and materials from one place to another. For efficient operations, companies need reliable and durable modes of transportation. Truck rental companies often address the transportation needs of mining companies.

The transportation requirements of a mining operation can change at a moment’s notice, with different trucks needed for different jobs such as the heavy duty cargo vans, 3/4 to 1 ton trucks used to securely carry materials as well as individuals or commercial grade half ton trucks.

This is why truck rental partners are the best option, because you can exchange vehicles from different sites with the one needed at a particular location. The vehicles come equipped with aftermarket adjustments to match up to the industry’s safety standards which may include buggy whips, beacon mounds and back up alarms.

Renting trucks is also an added advantage in that it offers flexibility to operations while meeting the right requirements for the job. It also offers the operation the option of supplementing their own vehicles with better equipped ones that may not be in use every day.

Truck rental partners also provide mining firms with convenient and cost effective solutions that meet peak, project based or seasonal demands.

Truck rental firms that possess a vast local network have an upper hand as this means they can help mining firms with vehicles on the locations needed, regardless of where they are situated.

Renting also has more advantages as compared to owning a vehicle. Maintaining a whole fleet of vehicles can be costly to a company, especially if you consider how expensive it is to maintain high-mileage and older vehicles, factoring in maintenance costs and depreciation.

Truck rental partners offer financial flexibility as mining firms can realize their project-based needs through renting without having to buy a vehicle, as well as recognize their vehicles as operating expenses as opposed to capital expenses, which allows them the option to save cash flow and fulfill their transportation needs.

In addition to this, fleet management partners design a comprehensive plan for mining operations that reduces risk, maximizes performance, cut costs and saves time while taking care of everything from registration and licensing to auto insurance, fueling the vehicles and providing maintenance cards which pay for vehicle expenses.

Rental truck companies provide these transportation solutions and more. Mining companies, such as Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), have different needs, hence the importance of having a transportation partner who knows and understands your business’ priorities. Such a partner ensures that your company benefits from available, reliable and well-maintained vehicles when needed at whatever location while offering adjustable rental terms with billing options and flexible payment.

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