Industry Update: 28% of Truckers Still Need an ELD
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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.
67% of the survey’s respondents had five or fewer trucks while 83% had twenty or fewer.
Some Good News for Truckers: Tightened Capacity and Rising RatesThe research also conveyed some interesting insights into future capacity and rates.
Here’s what the Bloomberg/Truckstop Quarterly Truckload Survey had to say:
“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 NowWith out-of-service orders for not having a compliant ELD starting on April 1st, implementing ELDs cannot be put off any longer.
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:
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.
The best part? KeepTruckin can be purchased online, in under five minutes. Click here to learn more.
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