CHALLENGES AND ISSUES IN
THE TRUCKING INDUSTRY
USA
Fleet Supply is the leading manufacturer and
distributor of trucking, warehouse, and shipping needs. We offer
more
than 30,000 products, including
trucking and commercial safety,
training, and
compliance materials. We are also the nation’s
largest supplier of
shipping and packaging supplies,
warehouse equipment and signs,
medical and trucking forms, and more. We ensure
the satisfaction of our clients, whether commercial trucking,
medical, or warehouse safety personnel and professionals with
our great service and low prices.
The trucking industry plays
a vital role in our lives and the economy. Trucks facilitate the
movement of commodities from place to place, and they have a
critical function in waste management. Without them, we would
experience shortages of products and services necessary in our
daily lives.
This industry has its
challenges and issues like any other sector. Active
participation of stakeholders in overcoming these issues is
important to arrive at effective, long-term solutions. Here are
some of the concerns faced by the trucking industry in the last
few years:
1.
High Fuel Costs
Spiking fuel costs serve
the biggest challenge to the trucking industry.
Shipping costs directly vary with fuel cost. To address
this challenge, business owners, especially car companies,
develop more efficient engines to compensate for costs related
to fuel consumption. In turn, the trucking industry is affected
by increased vehicle costs. However, the high capital cost of
more efficient vehicles can be offset by larger savings in fuel
costs in the long run.
2.
Driver Shortage and Retention
Drivers are the most
important factor of any trucking business. Therefore, the
trucking business owners must always prioritize their welfare
and safety to improve driver retention. The aging workforce is
leaving the trucking industry with a driver shortage. This
driver shortage strains the trucking industry as driver fatigue
due to long hours of service causes road
accidents. Some drivers work for extended
periods to meet unrealistic delivery schedules. Additionally,
the demanding hiring process imposed by the government slows
down the recruitment of drivers. Trucking business owners can
strategically prevent losing drivers by investing in their
health insurance and fitness.
3.
Limited Truck Parking
There is limited truck
parking for drivers to rest in between their hours of service.
Resting when necessary avoids overfatigue, allowing drivers to
reach destinations safely. However, most rural areas have few
truck stops. Many of these are not in good condition or are
already occupied.
4.
Changing Regulations
The government primarily
controls trucking operations. Changes in the previous
regulations affect not only the trucking business owners but
also the drivers. Some of the amendments implemented are in
hours of service, use of electronic logging
devices, minimum wage requirements, and
commercial driver’s licenses. The government is
very particular in monitoring whether a driver has committed any
violation of the drug and alcohol testing program. This move
aims to improve safe driving, but this would require few more
actions to comply. Carriers have to shell out money to query on
the drug and alcohol clearinghouse database when hiring new
drivers and on an annual basis for commercial driver’s license
holders. Additionally, this step requires more processing time.
5.
Digitization in Trucking Operations
Technological advancements
drive digital transformations. Digitizing trucking operations
has a lot of benefits, including real-time package monitoring,
easy location tracking, and quick logging of hours of service by
drivers. Adapting these developments will make the trucking
business competitive enough to attract more opportunities and
increase revenues. Failure to reshape business strategies based
on technological innovations will cause the business to be left
behind. Trucking businesses should place strong emphasis on
effective training in the use of technology.
The supply chain relies on
trucks for the circulation of goods, from the transport of raw
materials to the
shipping of finished products. Indeed, the
trucking industry helps strengthen the economy. Any challenges
the industry is currently facing can be resolved with commitment
and diligence.
To find out more about USA
Fleet Supply’s product offerings,
visit our
website. For further inquiries,
contact us.