News
Findings from Fleet Advantage’s Industry-Wide Survey on Truck Replacement Trends
A recent industry-wide survey by Fleet Advantage highlights the significant concerns fleets have about replacing older trucks. Fleet Advantage provides specialized financing, data analytics, fleet management, and life cycle cost management services.
The survey aimed to understand fleet life cycle strategies and gauge awareness of the upcoming CARB prebuy mandate. The results, shared at the Advanced Clean Transportation (ACT) Expo in Las Vegas from May 20-23, indicate that truck procurement and life cycle management remain critical topics, especially in light of the anticipated CARB mandate. This mandate is expected to cause a major increase in truck purchases between 2025 and 2027, potentially raising the cost of diesel trucks by $25,000 to $30,000 per unit.
Given the pressing issue of aging fleets, over 3,000 transportation fleet executives were surveyed between April 29 and May 10, 2024. Findings revealed that 71% of respondents operate trucks older than five years. When asked about trucks from model year 2019 or earlier, 62% reported having up to 50 such vehicles, a noticeable increase from last year’s 37%.
Despite the need for truck replacements, 23% of respondents were either unaware of or uncertain about the CARB mandate. However, 68% acknowledged that the mandate would lead to increased truck purchases leading up to 2027. Although many fleets currently run on a five-year or longer life cycle, 68% felt it necessary to replace up to half of their fleet within the next two to three years, indicating a trend toward shorter life cycles.
Approximately 75% of respondents plan to replace up to half of their fleet in the next two to three years. While 36% have a CARB prebuy procurement plan, 44% either lack a plan or are unsure if one exists.
Fleet Advantage described this as an alarming sign that many fleets are unprepared, potentially facing severe financial impacts.
In terms of future procurement trends, 57% of fleets plan to replace aging vehicles methodically, ensuring they refresh equipment consistently without overspending on new trucks all at once. About 20% will maintain their current replacement cycle, regardless of additional CARB costs. Meanwhile, 23% plan to keep their existing trucks a bit longer.
Brian Antonellis, Senior Vice President of Fleet Operations at Fleet Advantage, emphasized the importance of understanding the CARB mandate’s significant implications for fleet procurement and finances. He stressed the need for organizations to leverage data technology and analytics to develop a multi-year procurement strategy, maximizing total cost of ownership and promoting efficiency and sustainability.
Source: The Trucker
Business
Supply Chain Turmoil Hits Drivers as Costs and Shortages Persist
Supply Chain Turmoil Hits Drivers as Costs and Shortages Persist
“Due to the exorbitant cost of shipping, we have had to raise prices to our customers as well as order eight months’ worth of inventory, eight months in advance.” — Hanna from The Crown Choice
The anticipated recovery year turned into ongoing supply chain disruptions, with raw material shortages and factories in China operating on limited schedules. The cost of shipping containers has skyrocketed, impacting small businesses and their ability to order inventory effectively.
What This Means for Your Wallet and Your Miles
Shipping costs are at an all-time high, which could mean higher operating costs for you as a driver. If you’re hauling goods for small businesses, expect them to pass these costs along in the form of higher order rates or delayed payments.
Fuel costs are also likely to be affected as ripple effects from supply chain disruptions impact pricing. Keep an eye on fuel surcharges and budget accordingly to avoid surprises in your expense sheet.
If you’re relying on contracts with big retailers, be prepared for potential delays. Mass retailers are struggling with empty shelves, which might lead to fewer loads as they adjust to the new normal.
Load availability may shift as businesses look to diversify their supplier base. Stay flexible and ready to adjust your routes based on changing demand and supply scenarios.
How are shipping costs affecting my job?
High shipping costs are driving businesses to increase prices, which may lead to fewer shipments or altered contracts. Be prepared to adjust to these changes.
Will this affect fuel prices?
Yes, supply chain disruptions can influence fuel prices, so keep an eye on trends and potential surcharges that may affect your operating costs.
What about load availability?
Load availability could fluctuate as businesses adjust their supply chains. Flexibility in routes and contracts will be crucial to maintaining steady work.
How can I prepare for potential delays?
Keep in close contact with your logistics partners and clients. Understanding their challenges can help you anticipate delays and adjust your schedule accordingly.
Is there anything I can do to mitigate these costs?
Consider renegotiating rates and contracts to account for increased costs, and explore new markets and clients who may offer more stable opportunities.
Business
Key Strategies for Effective Remote Worker Time Management
Key Strategies for Effective Remote Worker Time Management
Remote work has become increasingly popular in recent years, thanks to technological advancements and changing attitudes towards work-life balance.
The article discusses various strategies and tools to enhance time management for remote workers. It covers setting expectations, choosing appropriate time tracking tools, and maintaining accountability to improve productivity in a remote work environment.
What This Means for Your Wallet and Your Miles
For drivers who also manage remote workers or work remotely themselves, the right time tracking tools can streamline operations and improve productivity. This could potentially reduce overhead costs and increase efficiency.
Setting clear expectations regarding availability and communication can help avoid misunderstandings and reduce downtime, ensuring you stay on top of your tasks and deadlines.
Establishing a routine can help you make the most of your work hours, allowing more time for driving or managing logistics without affecting performance.
Regularly reviewing and adjusting your time management practices can help identify inefficiencies, allowing you to make changes that enhance productivity and ensure a steady flow of income.
How can I improve time management for my remote workers?
Set clear expectations for work hours and communication, use effective time tracking tools, and establish routines to optimize productivity.
What are some recommended time tracking tools?
Popular options include Toggl, BuddyPunch, RescueTime, and Harvest, each offering different features suited to various needs.
How often should I review my time tracking practices?
Regular reviews, ideally monthly, can help identify areas for improvement and ensure your practices remain effective and aligned with goals.
Why is accountability important in remote work?
Accountability helps maintain productivity and motivation, ensuring that tasks are completed efficiently and on time.
What should I do if my current routine isn’t working?
Be flexible and willing to adjust your routine or try new tools and strategies to find a setup that maximizes productivity and fits your work style.
CDL Training
Ohio Pursues Legal Action Against Trucker for Alleged Toll Skipping
An Illinois-based trucker, Moath Musamih, from Orland Park, has been formally indicted in Ohio on grand theft charges for allegedly avoiding nearly $22,000 in turnpike tolls. The indictment, filed on April 21 by a Williams County grand jury, accuses Musamih of a fourth-degree felony relating to unpaid tolls, with potential penalties including up to 18 months imprisonment, a $5,000 fine, and restitution.
Prosecutors assert that Musamih’s truck was monitored with open-road tolling technology for close to two years. Despite receiving multiple payment notifications, the tolls remained unpaid. The indictment also includes a clause to confiscate the 2012 Freightliner Cascadia allegedly used in these offenses.
County Chief Investigator Andrew Skiles noted that the Ohio State Highway Patrol had been keeping tabs on Musamih for some time due to the unpaid tolls. According to Skiles, Musamih is an owner-operator whose vehicle, reportedly registered under his wife’s name, was regularly tracked traveling extensive distances on the Ohio Turnpike using an E-ZPass transponder.
An Ohio State Highway Patrol officer encountered Musamih at a service plaza on eastbound Interstate 80, where an incident report was filed for “Theft by Deception.” The report included accusations of theft without consent and engaging in corrupt activities.
Williams County Prosecutor Katherine Zartman opted for criminal proceedings against Musamih due to the significant total of approximately $21,991 in unpaid tolls over an extensive period from April 2024 to April 2026. The decision to pursue a fourth-degree felony charge was influenced by Musamih’s alleged repeated offenses and the proposed forfeiture of his semi-truck as it was deemed contraband linked to the criminal activity.
The Ohio Turnpike and Infrastructure Commission, through its advanced open-road tolling system launched in April 2024, identified Musamih. Executive Director Ferzan Ahmed emphasized the aim to maintain optimal conditions on the turnpike while highlighting the challenges posed by companies that fail to settle their toll liabilities, despite numerous reminders and collection attempts.
In a broader context, the commission recently disclosed a list of 315 trucking companies accused of evading $5.2 million in tolls over the past two years, indicating a widespread issue with rogue operators.
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