Challenges of Implementing Blockchain in the Supply Chain

Posted by Vertrax on Aug 30, 2019 12:33:19 PM

According to the World Economic Forum, “digital transformation in the Oil and Gas industry could unlock approximately $1.6 trillion of value for the industry, its customers, and wider society.”

While we’ve broken down the overall benefits of blockchain and its specific benefits for fleet management, there are still some challenges that need to be overcome in order for this technology to become standard in the industry.

Topics: trucking technology, real-time technology, blockchain

The Benefits Of Blockchain For Fleet Management

Posted by Vertrax on Aug 12, 2019 1:01:21 PM

Across the world, businesses in many industries are gaining interest in the latest cutting-edge technology: blockchain. Around 66% of global organizations have some level of interest in blockchain, with almost 10% currently experimenting with or deploying it.

Topics: trucking technology, real-time technology, blockchain

Announcing Vertrax Tank Monitoring Service

Posted by Vertrax on May 17, 2019 10:59:15 AM

The propane industry is changing at a rapid pace, and driving that change is the generational shift in consumer demand for a smarter and easier way to live with propane. The evolution and application of new technologies are pushing the boundaries of what industry professionals thought possible — one of these technologies being remote tank monitoring.

Current tank monitoring solutions are seriously flawed, making a meaningful and scalable deployment impossible. To combat this, Vertrax is proud to officially announce Vertrax Tank Monitoring Service — the only true sonar remote tank monitoring device and service.

Topics: trucking technology, remote tank monitoring

TMS Implementation Stages and Preparing Your Organization

Posted by Vertrax on Mar 15, 2019 6:57:20 PM

In order for organizations to be successful in today’s rapidly changing and fast-paced transportation environment, it’s essential for them to be connected and integrated with the entire supply chain. To do this, a quality transportation management system (TMS) is needed.

Topics: trucking technology

Advantages of Eliminating Paper Run Tickets and Spreadsheets

Posted by Vertrax on Feb 13, 2019 9:15:00 AM

While many trucking organizations are embracing the new technology that has swept across the industry, some are still using outdated methods to conduct business. In a lot of cases, trucking leadership simply doesn’t know about the many ways technology can help make improvements business-wide.

For example, we conducted a survey and found that 20% of trucking organizations are still using paper run tickets and spreadsheets to handle their ticketing — an inefficient process that can be easily streamlined with an electronic solution.

Read on to discover the astonishing advantages that come with electronic ticketing, from increased productivity to better-informed business decisions.

Topics: trucking technology, paper log books

AOBRDs vs ELDs — Differences, Deadlines, and Transitioning

Posted by Vertrax on Feb 7, 2019 11:44:15 AM

The road to full compliance with the electronic logging device (ELD) mandate has not been a smooth one. That being said, the Federal Motor Carrier Safety Administration (FMCSA) knew that it would take time for trucking companies to install ELDs in all commercial vehicles, and subsequently created a staggered implementation timeline to ease the transition.

But the final deadline is approaching quickly.

While December 18th of 2017 was a soft deadline requiring trucking companies to use either ELDs or existing automatic on-board recording devices (AOBRDs), by December 16, 2019, ELDs are mandatory for all drivers and carriers who are subject to the ELD rule. (In general, that means all drivers who maintain Record of Duty Statuses (RODS).)

Read on to learn about AOBRDs and ELDs — and how your fleet can make the transition with ease.

Topics: trucking technology, real-time technology

Top Trucking Trends of 2019

Posted by Vertrax on Jan 21, 2019 12:52:21 PM

The trucking industry is rapidly changing, and 2019 will play an integral role in this transformation. To have a successful year and beyond, it is vital to recognize the top trucking trends of 2019 and put in place processes to either capitalize or lessen the impact on your organization.

In order to help, here are the top 4 trucking trends we see having a big impact this year.

Topics: trucking technology

The Business Case for Funding Fleet Management Technology

Posted by Vertrax on Nov 16, 2018 3:05:19 PM

The transportation industry has undergone difficult changes in the past few years. Serious complications like rising fuel costs, driver shortages, and compliance with new mandates are just a few of the issues currently plaguing fleet leadership.

In this unpredictable environment, companies can be reluctant to invest in fleet management technology. After all, with revenue decreasing all around, why should businesses spend money on software?

While this is an important question to raise, the long-term benefits that fleet management technology provides far outweigh the price of the investment.

Topics: trucking technology

The Department of Transportation’s Automated Vehicle Guidelines

Posted by Vertrax on Oct 8, 2018 10:53:37 AM

The U.S. Department of Transportation (DOT) recently released an 80-page document titled “Preparing for the Future of Transportation: Automated Vehicles 3.0,” or “AV 3.0” for short. It expands the DOT’s voluntary guidance on the development of what they consider “automated vehicles.” This document builds on last September’s AV 2.0, with the intention of introducing a “comprehensive, multimodal approach toward safely integrating automation.”

Topics: safe driving, trucking technology

The ELD Mandate’s Impact on Trucking Fleets So Far

Posted by Vertrax on Sep 21, 2018 5:01:29 PM

The Electronic Logging Device mandate went into effect in December of 2017 and full enforcement began in April of 2018. It has been a bumpy road in terms of implementation and enforcement thus far. The mandate requires “ELD use by commercial drivers who are required to prepare hours-of-service (HOS) records of duty status (RODS),” states the FMCSA. Drivers that utilized automatic onboard recording devices (AOBRD) before the December ELD deadline are grandfathered in and can continue using these devices until December 16, 2019.

Topics: safe driving, trucking technology