trucking industry
Unpredictable Oil Prices and Fuel Management
The global marketplace depends on commercial trucking, which transports everything from socks and canned beans to heavy equipment and parts for manufacturing. Yet unpredictable oil prices make the business side of trucking especially tricky because fuel costs easily represent the biggest expense in a trucking operations budget. The estimated annual cost for operating a single commercial …
Final Ruling In The Ongoing Hours-of-Service Battle: Focus Shifts From Rules To Safety
Over the past 10 years, the U.S. Court of Appeals in Washington, D.C., has passed three rulings on the Federal Motor Carrier Safety Administration’s (FMCSA) efforts to regulate the number of hours truck drivers spend on the roads. The FMCSA uses mandatory Hours-of-Service (HOS) rules to regulate the amount of hours truck drivers can consecutively drive without …
Happy Truckers Drive Safety and Profitability
Driver turnover, known as churning in the trucking industry, is a very expensive and time-consuming issue for trucking companies, mainly because recruiting and training new commercial drivers is a huge undertaking. But churning also impacts safety and employee morale. That is, safety data reveals that truckers who change jobs frequently have more crashes than those …
