According to the American Trucking Associations, the trucking industry is currently short around 48,000 drivers with that number expected to surge to 890,000 by 2025. 1This increase will be gradual, however, there will be a noticeable tightening by mid-year 2017, FTR Associates predicts.
It’s a dreaded word that no food manufacturer wants to hear…RECALL. The cause of over 48 million illnesses annually, nearly 25-30 food contamination incidents occur globally each week. 1 According to a study conducted by Ohio State University’s Robert Scharff, food recalls cost an estimated $55.5 billion a year when factoring in medical expenses, productivity loss and mortality. 2But how does this translate from a company standpoint?
Drivers are said to be one of (if not the most) important asset for trucking companies. Not only are they responsible for the successful and safe transportation of products, but overall act as brand ambassadors for their company, often spending more time with customers than traditional salesmen. The impression they leave behind plays a large role in customer retention as a negative experience can lead to lost future sales while a pleasant and memorable experience can cause a shipper/consignee to want to increase their business together. Knowing this, it comes to question as to why many carriers would hire less than qualified drivers to represent their company. Perhaps to fill capacity restraints? Or maybe because they do not have to pay them as much as they would an experienced/skilled driver? Whatever the case, industry experts agree that the quality of drivers is decreasing.
The admirable industries of product logistics and transport are literally the backbone of our cities and states. What truly allows developed and undeveloped countries around the world to grow, improve population health, life-expectancy, and continue to evolve are the scientific technologies we invest in to improve the precarious transportability risks of temperature- sensitive products that our world needs.
Technology is changing every day and the trucking industry is no stranger. With an upcoming final rule mandating the use of electronic logging devices for commercial truck drivers expected to be published September 30th, as well as requirements for speed limiters and electronic stability controls systems, members of the trucking industry are wondering what’s next. We set out to uncover what professionals believe to be the “next generation in cab trucking technology” as well as how Road Scholar Transport is improving our technology this summer. Here is what experts believe is next.
Since 1988, Road Scholar Transport has been solving risk-adverse, investment grade customer’s transportation needs throughout the Mid-Atlantic and New England regions. To us, each of our customers’ freight is as fragile as a carton of eggs, easily damaged if not receiving the care and custody it deserves during transport, which is why we maintain a damage claim record of 0.0004%, one of the lowest in the industry.
The American Transportation Research Institute released starting statistics this week regarding the cost of trucks sitting in traffic.
The report, entitled “Cost of Congestion to the Trucking Industry: 2017 Update,” focused on the following 2015 statistics: