Internet of Things, 3D printing, sensors, self-driving vehicles, electric logs: if there's one thing that stays the same in shipping and logistics, it's that everything changes. One big change in logistics that will reshape how we do business is the impact digitization will have on our industry. But even though it's a huge buzzword right now, many people in logistics don't know what digitization will mean to our industry. Here's a brief overview to help get you started.
Carriers have until Dec. 10, 2017 to comply with a ruling mandating the usage of electronic logging devices (ELDs) on their trucks, replacing paper logs to track hours-of-service (HOS). The ruling, according to the Federal Motor Carrier Safety Administration, will provide three main benefits: improve safety by enforcing HOS compliance and therefore preventing fatigue, saving over $1 million in revenue by replacing paper logs, and “increase the efficiency of roadside law enforcement personnel in reviewing driver records.” 1