2021-2022 are transformative years for the truck industry and have been keeping people in the truck industry busy. This transformation affects operations, expenses, and administration. With ELD compliance, Electrification to ease climate change, driver shortages, rising fuel costs, and trucker convoys for COVID-19 restrictions, it’s been a busy couple of years.
This article digs a bit deeper into ELD mandates and tighter truck emission regulations in Canada and the USA, and how this affects the transportation industry.
ELD(Electronic Logging Devices) mandate went into effect in December 2017 in the USA and will be fully mandated in January 2023 in Canada(Find the Canadian ELD mandate schedule).
Electronic logging devices (ELD) are used to electronically keep a driver’s Record of Duty Status (RODS) and all drivers are required to use an ELD to document their compliance with HOS rules.
In Canada, the full ELD mandate will go into effect on January 2023 and this deadline extension will ensure that carriers can have sufficient time to purchase, install ELDs and educate drivers to comply with the ELD mandate rules. However, the reality is you need to get started preparing as soon as possible. Here is why you should start preparing today for the ELD mandate: https://www.lvmtrack.com/2022/03/28/full-eld-enforcement-delayed/
The electrification of heavy commercial vehicles is making a splash right now. According to Natural Resources Canada, “Transportation accounts for approximately 25% of Canada’s greenhouse gas emissions(GHG), of which almost half comes from passenger cars and light trucks.”.
The electrification movement is accelerating in North America.
“Roughly half of all U.S. and Canadian Class 8 tractors engaged in regional-haul applications could switch to battery-electric technology today with minimal or no impact on operations, productivity, or efficiency, according to a new report.” – HDT
For more information about the reaction from countries and how we can help customers reduce their environmental impact and comply with emission regulations: https://www.lvmtrack.com/2022/05/02/a-greener-solution/
As the demand in the supply chain industry is increasing, North America is facing a serious shortage of truck drivers. According to the American Trucking Association (ATA), the shortage of truck drivers was 60,800 and is estimated to reach 160,000 by 2028 in U.S. Whereas, Canada is expected to be short 25,000 truck drivers by 2023 according to a study from Trucking HR Canada.
The stressful environment caused by COVID-19 is further accelerating the shortage of truck drivers and exacerbating disruptions in the supply chain.
Find out how to ease driver shortages with telematics: https://www.lvmtrack.com/2021/03/22/telematics-can-improve-drivers-safety-and-retention-during-the-covid-19-pandemic/
Sky High Fuel Costs
Rising fuel costs are pressuring trucking companies. Many companies are struggling with minimizing the impact of fuel costs to their clients, but there is a limit.
In order to combat the impact of rising fuel costs, it is critical to have insightful data about your fleet operations to analyze and drive effective improvements into your business. To get this insightful data, you need a leading GPS Tracking solution in your fleet to better understand how much gasoline or diesel is consumed by your fleet each month and year. A GPS Fleet Management system is also important to help analyze data and receive powerful automated reports to identify where you can drive additional efficiencies and savings.
For detailed tips to combat the effects of rising fuel costs, read this article.
LVM Can Help
LVM Track offers the most Comprehensive & Advanced Fleet Management platform available for your Vehicles, Trailers, Machinery, and Equipment, with over 3.3 million+ tracked assets globally. Our software is easy to use, fully customizable, and provides advanced industry-leading features. With our Fleet Management platform, you can visualize all of your fleet assets on one screen in a simple to operate, powerful application. Fuel Management with LVM Track is the complete solution for optimizing fuel expenditure and ultimately saving your company time and money. For more information about our fuel control, click here.