Today's Trucking Regulations and Their Economic Impact on the Industry - Electronic Logging Devices

摘要

Reduction in capacity is expected to drive up shipping costs by at least 10%, particularly when combined with other regulations that are pending. Most carriers that have implemented ELDs have reported productivity decreases of approximately 15% with fewer miles driven per day. The maximum impact on truckload rates will occur in 2018 and will have a lasting effect for two or three years afterward. Load to truck ratio imbalance may increase 30 to 60%. As a result, expect a 5-15% increase in spot rates, and the re-benchmarking of the industry. Source: Steve Brawner, "Analysts Predict Spot Rates Could Soar Once ELD Mandate Goes Into Effect", Transport Topics, August 25, 2017.