As highlighted by the American Transportation Research Industry, the cost of trucking operations continue to rise in the United States. With this increasing cost comes the necessity to streamline your operations and increase efficiencies as much as possible.
The trucking industry is rapidly advancing in terms of the technology being developed and tested. With each new year comes new technology with claims that it will “revolutionize the industry.” However, many of these technologies haven’t been fully vetted and will inevitably be abandoned or rolled back to development for many years.
2019 was a spectacular year for Vertrax with the launch of 2 new products, as well as major improvements to our existing ones. With the year coming to a close, we thought we’d take the time to share our top blog posts from this year that highlight these launches and more.
Consider these your must-reads to set the stage for success in 2020!
The final deadline for complying with the ELD mandate is December 16th, 2019 — less than two months away. The mandate went into effect in December of 2017 and full enforcement began in April of 2018, so this is the final phase of implementation.
The mandate has already had a major impact on the industry, so we wanted to dive into the adoption rate of the technology as the deadline approaches, as well as uncover the impact it’s had on trucking fleets in terms of compliance, crashes, and driver behavior.
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.
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.
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.
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
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.
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.