Call Us 888-391-0416 ☰ ˟
Manage Policy File a Claim
Logo
888-391-0416
  • Home
  • Commercial Insurance
    • Commercial Auto Liability
    • Physical Damage
    • Motor Truck Cargo
    • Non-Trucking (Bobtail)
    • Truckers General Liability
    • Occupational Accident
    • Passenger Accident
    • Unladen Liability
  • Customer Service
    • Client Portal / InsurLink
    • Add/Delete Form
    • Request ID Card for Commercial Auto Policy
    • Add Vehicle to Existing Commercial Auto Policy
    • Remove Vehicle from Existing Commercial Auto Policy
    • Add Driver to Existing Commercial Auto Policy
    • Remove Driver from Existing Commercial Auto Policy
    • Refer a Friend
  • Partners
    • The Trucker's Network
    • Roadside Assistance
    • Partners
  • Make a Payment
    • Pay Trinity Insurance
    • Pay Finance Company
    • Pay Insurance Company
  • Resources
    • Frequently Asked Questions
    • Commercial Truck Loan
    • Electronic Logging Device
    • Fuel Cards
    • Truckers Against Trafficking (TAT)
    • Refer a Friend
    • Insurance Glossary
    • Blog
  • About Us
    • Contact Us
    • Prayer Request
    • Customer Testimonials
    • Our Location
    • Privacy Policy
    • Webmail Login
  • Broker / Shipper
    • Email Cert Request
    • The Trucker's Network
Commercial Auto Liability Icon Physical Damage Icon Motor Truck Cargo Icon Non-Trucking (Bobtail) Icon Truckers General Liability Icon Unladen Liability Icon
Home > Blog > Industry Update: 28% of Truckers Still Need an ELD
THURSDAY, FEBRUARY 8, 2018

Industry Update: 28% of Truckers Still Need an ELD

 

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
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

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
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2013
  • 2012

  • trucking(16)
  • insurance(16)
  • trinity insurance(11)
  • general liability(9)
  • commercial truck insurance(8)
  • transportation(7)
  • ky truck insurance(7)
  • al truck insurance(7)
  • ga truck insurance(7)
  • trucking insurance ky(7)
  • fl truck insurance(7)
  • tn truck insurance(7)
  • motor carrier insurance(7)
  • motor truck cargo(7)
  • ky trucking insurance(7)
  • truck insurance(7)
  • trucking insurance(7)
  • truck insurance agent(7)
  • transportation insurance ky(7)
  • al trucking insurance(7)
  • semi insurance(7)
  • transportation insurance(7)
  • tn trucking insurance(7)
  • trinityinsurance(7)
  • trucking insurance tn(7)
  • accident prevention trucking(7)
  • semi tractor(7)
  • industry(6)
  • trinity(6)
  • quote(6)
  • trucking news(6)
  • worker comp(4)
  • commertial trucking insurance(3)
  • truckers(2)
  • fuel(2)
  • accident(2)
  • gl(2)
  • truck show(1)
  • healthy trucker(1)
  • driving in the snow(1)
  • stress(1)
  • truckingers(1)
  • violations(1)
  • 2013 calendar(1)
  • healthy truck drivers(1)
  • purchasing(1)
  • falisification(1)
  • logbooks(1)
  • healthy meals(1)
  • eld(1)

View Mobile Version
Facebook
Twitter
Instagram
LinkedIn
Get Directions
Contact Us Today
Speak to an Agent
Resources
Products
Client Portal
Report a Claim
News
Refer A Friend
Blog
Contact Us
Cancellation and Return/Refund Policy
Contact us 623 West Main Street, Suite A
Clarkson, KY 42726

O: 888-391-0416
F: 888-415-0671
E: info@trinityins.net
TRINITY INSURANCE SERVICES, LLC dba in California as Trinity Commercial Insurance Services LLC
& in New York as Trinity Commercial Insurance Services LLC.
© Copyright. All rights reserved. Powered by Insurance Website Builder.