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Hopefully the predictions are going to turn out true and trucking companies will be able to save money instead of giving it for huge insurance fees. In that way the companies will be able to save money and to increase truck driver’s salaries. When we see clearly insurance cost is taking almost half truck companies income.
7.Truckers Report – ELD Mandate Is Knocking On The Door
ELD Mandate is the biggest change that might happen in the trucking industry and at the same time it requires huge business modifications. ELD Mandate will change completely the way how trucking business is run. Nowadays it is in the final stage of preparation before it is being released.
Source:www.overdriveonline.com
According to the Federal Motor Carrier Safety Administration (FMCSA) trucking companies that are going to use ELD will be able to save annually up to $1 billion dollars. ELD will make truck drivers life a lot easier, instead of manually writing their log books, now they will fill their records in the ELD. This way the companies will be able to see right away what the driver has done for the day that has passed.
FMCSA is recommending these devices in order to increase the safety on the road. By that I mean that when the logs are going to be entered in the devices by the help of GPS the companies will be able to monitor the drivers. Also by the help of these devices the drivers will have to follow the rules and regulations regarding their hours of service.
Source:www.fleetequipmentmag.com
If it gets started it will add extra cost to install the required hardware and equipment into the truck that could easily cost up to $500 per truck and it will also add monthly maintenance cost in amount of $20.
When it comes to any innovation it is normal that it has pros and cons. The positive things of using ELD are:
