Outlook for trucking
At the end of 2021 just over 86,000 new owner-operators had been issued an authority to operate by the FMCSA.
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Shortage of truck parking
According to ATA, there are more than 11 drivers for every one parking space. Studies show that on average drivers spend nearly an hour of driving time every day trying to find parking, and 58% of drivers say they have parked in unauthorized places at least three times a week. The letter claims that the […]
Second hand truck prices are rising
Used Class 8 same-dealer retail sales grew 20% month-over-month in February but were 14% lower compared to the same period in 2021. ACT’s Classes 3-8 used truck report provides data on the average selling price, miles, and age based on a sample of industry data. “Presumably, the bumps in December and January new truck production […]
Reefer features are boosted
Telematics now come standard on Carrier Transicold’s most popular transport refrigeration units, helping refrigerated fleets in North America improve operational efficiencies and expand cold chain compliance. The web-based interface of the telematics solution provides continuous visibility of cold chain assets via a centralized data stream that shows trailer temperatures, location, and movement. Depending on configuration […]
The rates are increasing
According to DAT Freight & Analytics, the number of loads posted to the DAT One load board network increased.
Truckers be aware
Starting next week, the first major mobile carrier will discontinue 3G services, which could result Electronic Logging Device (ELD) violations for truckers who haven’t transitioned to compatible devices.
Samsara partners with Pitstop
Predictive vehicle analytics company Pitstop is partnering with Samsara to offer customers real-time data, insights, and predictive analytics to reduce emissions and maintenance costs, according to a joint announcement. Pitstop’s predictive analytics platform analyzes sensor data and diagnostic trouble codes of components such as batteries, brakes, and more across various fleet vehicles.
Industry trends to watch
By staying on top of market developments, fleets can make adjustments to help keep their operations running profitably.Here are some things to watch:
THANK YOU TRUCKERS
The holiday season has officially begun, with America’s truck drivers navigating “the worst supply chain crisis since World War II,” operating across the nation’s crumbling infrastructure, and sharing the roadways with up to 4 million more passenger vehicles this Thanksgiving week compared to 2020.
Safety on the road
27% of truck drivers averaged six hours or less of sleep during a 24-hour period. Full disclosure, this compares to 30% of working adults so in theory not a significantly higher percentage. However, driving a truck is a physically taxing job—maybe less so now than in the past, but still, it is very demanding.