Trinity Insurance Services Get a Certificate   Home Automobile Homeowners Life Home Trucking Wrecker Dump Trucks

 

We're just over one month into the ELD mandate era, and one thing has become clear:  the industry's transition to Electronic Logging Devices is far from over.

According to the “Bloomberg/Truckstop Quarterly Truckload Survey” conducted by Truckstop.com and Bloomberg, 28% of truckers have yet to adopt a compliant ELD. The results represent a stark increase from Q3’s survey, where 76% of the market had yet to implement an ELD.

Despite the progress, 28% is an astonishing number.  It means that out of an estimated 3.1 million truckers who must comply with the ELD mandate, about 868,000 have yet to adopt a solution.

67% of the survey’s respondents had five or fewer trucks while 83% had twenty or fewer.

Here’s how the responses broke down by fleet type:


Some Good News for Truckers: Tightened Capacity and Rising Rates

The research also conveyed some interesting insights into future capacity and rates.

Here’s what the Bloomberg/Truckstop Quarterly Truckload Survey had to say:

“About 74% of truckers polled said spot rates, excluding fuel surcharges, will rise in the next sixth months. That's a gain of 16 percentage points from 4Q1.”

 

 

“About 78% of truckers polled said volume will rise in the next six months, a 4 percentage-point gain from 4Q16 and 17 percentage-point jump from 3Q17.”

 

 

It’s clear that big profits will be made in 2018 by those ready to seize the opportunity.

The Time to Get Compliant is Now

With out-of-service orders for not having a compliant ELD starting on April 1st, implementing ELDs cannot be put off any longer.

 

And if you already have an ELD? It may be worth doing some homework on whether it’s actually compliant. Here’s what the former head of the FMCSA, Annette Sandberg had to say about the self-certification list:

“As a former regulator, the biggest concern I have is the number of ELD vendors that are currently on the FMCSA list [of approved vendors] that probably should not be. Vendors on this list are supposed to have ELD systems that can be self-certified, which means it meets the criteria and can be added to the approved list.”

 

In short, self-certified does not mean FMCSA compliant.  However, the FMCSA does offer a “Choosing an Electronic Logging Device Checklist.”  We recommend asking your ELD vendor (whether current or prospective) to walk you through how the ELD delivers on each point.  Not being able to do so is a major red flag.

Three Tips to Find the Right ELD

If you’re ready to get compliant but unsure of where to start, here are three tips to find the right ELD:

  1. Look for reviews from real users, on unbiased platforms such as the Google Play Store, the iTunes store, and ELDRatings.com.

  2. Focus on ease of use.  Your success with any technology is predicated on your team’s ability to use it.  If it’s not intuitive and requires extensive training, you’ll have headaches down the road.

  3. 24/7 support from real people, not machines.  Find the vendors support line on their website and give it a call. If you can’t get an answer or prompt response, run.

Our Recommendation

We recommend KeepTruckin.  KeepTruckin has a two-minute “plug n play” install and is the easiest-to-use ELD in the market.  Its leading technology is backed by best-in-class, 24/7 support to walk you through every step.  

 

KeepTruckin is trusted by over 40,000 carriers and 500,000 drivers.  A 5-star app store rating is the proof that KeepTruckin delivers on their promises.

 

The best part? KeepTruckin can be purchased online, in under five minutes. Click here to learn more.

 

Posted 4:04 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

INSURANCE CHOICES

RESOURCES

ABOUT TRINITY

FEATURED CONTENT

STATES WE INSURE
Long Haul Insurance
Dump Truck Insurance
Hot Shot Insurance
Roadside Assistance
Passenger Accident
Owner Operator Insurance
General Liability Insurance
Workers Compensation

Add - Delete Form
Vin Decoder
Driver Training
Insurance Info
Prayer Request
Truck Papers
KY Transportation Cabinet







Follow  us online:
  
Jobs & Careers
News Room
Trinity Supports
Transportation Service Team
Cancellation and Return/Refund Policy
 
Alabama
California
Delaware
Georgia
Indiana
Kentucky
Maryland
Minnesota
Montana
New Hampshire
New York
Ohio
Pennsylvania
Tennessee
Virginia
Wyoming
Arizona
Colorado
Washington D.C.
Idaho
Iowa
Louisiana
Massachusetts
Mississippi
Nebraska
New Jersey
North Carolina
Oklahoma
South Carolina
Texas
West Virginia 
Arkansas
Connecticut
Florida
Illinois
Kansas
Maine
Michigan
Missouri
Nevada
New Mexico
North Dakota
Oregon
South Dakota
Utah
Wisonsin 
  Home      /      Web Site Accessibility      /      Site Map      /      Help      /      Privacy & Security      /      Terms of Use
TRINITY INSURANCE SERVICES, LLC
dba in California as Trinity Commercial Insurance Services LLC & in New York as Trinity Commercial Insurance Services LLC