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Almost every industry in 2020 was affected by the pandemic, including the trucking industry. There are many forecasts that predict the trucking industry will rebound in 2021, if it already hasn’t in the fourth quarter of 2020. That said, there are many recent changes to this industry. A number of them had to do with driver safety and operations. Before the pandemic, essential goods arrived on a set schedule and through the same distributors. However, online shopping remarkably changed this. Amazon and other big box stores increased the number of drivers to accommodate the shift, which now included essential goods (i.e., toilet paper) and electronics. Food chains also increased their orders as well as their online shopping services. Now that we have 2021 on the horizon, let’s take a look at the top three trucking trends for next year.
1. An Increase in Technology – There will be more software programs and devices to help companies improve their operations, which includes safety measures. They will streamline paperwork (electronic) to help ensure drivers are accurately logging in miles and adhering to DOT’s Hours of Service Regulations . Thus, reducing the number of accidents. Other advances in technology will be applied to the trucking industry such as blockchain, autonomous trucks and alternative fuel vehicles. They will provide economic efficiency as well as improve security.
2. Merging Companies – Due to a number of factors, with COVID-19 being the primary factor, a number of trucking companies have closed. However, a saving grace is a merger. Many companies will merge with another company, pooling their resources to stay in business. Others will merge with companies that do not have their own transportation unit. This allows the trucking company to stay fully intact, while providing the other company the ability for expansion.
3. Utilizing Data Analytics – Companies rely on data analytics to gain more customers as well as improve their operations. In the trucking industry, fleet managers can better leverage data through telematics and machine learning. They will be able to better understand what their drivers are doing a daily basis, from driver habits to possible vehicle issues, especially in real-time. This allows fleet managers to maximize their fleet and promote safety.
The trucking industry survived 2020 and will flourish in 2021. With new technology and more demand for essential goods (via e-commerce), there will be more trucks on the road. At DVC , we utilize the latest technology to ensure our drivers safely transport and deliver a range of products. Contact us today to learn more about transportation services!