| Pros of using ELD |
|---|
| 1. It can increase the productivity |
| 2. Will help companies to have a better track of their trucks and drivers |
| 3. It will be a great management tool |
| 4. Truck drivers will be able to make a better load scheduling |
| 5. Better customer service |
Also there is a great chance that this requirement will not come to the market so quickly. It faced several postponing and there are rumors saying that ELD mandate that is supposed to start on December 17th 2017 will be postponed again due to some privacy issues that currently are opened.
8. Merger Trend Will Explode Between Companies
In the light of the 10 future trends that will happen in trucking industry it is the merger trend that has already exploded between companies. But wait, what does this merger trend means? And what is its role in the trucking business?
Merger stands for the deal two companies are making in order to get united as one company. Therefore the merger trend is considered to be a good option for companies to get united as one in order to make more money.
Source:www.joc.com
Truckers report show that merger trend has taken its place due to the new rules and regulations that not all trucking companies can fulfill on their own. So in order not to close the companies, the owners have considered what will be the best alternative and have chosen to do the merger option.
It started already but in the future of the next 10 years it is expected to become massive. Trucking companies are facing the painful truth that if they are not big enough to get amazing deals and rates they will have issues staying in business. In order for companies to remain in the business they are making these contracts and arrangements with other companies.
Source:www.supplychain247.com
To avoid those challenges and to bypass those obstacles they will merge and form one larger entity that will be capable to resist all those newly set challenges. One trucking company with fleet size of 45 trucks doesn’t have that big impact as the trucking company operating fleet size of 100 trucks so it is kind of logical move to make.
