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This name is perfect for a company in the transport sector.
Elorad has only six letters and three syllables. Established brands using three syllable names include Microsoft, KFC and Santander.
Elorad.com is a dot com domain. Dot com domains are the most desirable domain extension in the world, famously used by websites like youtube.com. When you own a dot com, it is much easier to rank for your own name in search engines.
One suggestion for how this name could sound when used.