The Impact of ELDs on Large vs. Small Fleets
A survey performed by Logistics Viewpoints has revealed a rough estimate as to where large and small fleets are at in terms of full ELD implementation. This infographic helps break down that survey by observing the differences and similarities in responses between large and small fleets. Depending whether or not your fleets has fully implemented ELDs, this information will either make you feel better or worse.
Large Fleets & ELD Implementation
Based on the data above*, it seems much easier for large fleets of 250+ trucks to implement ELDs. The most probable reason for this is that large fleets generally have access to much larger monetary resources compared to smaller fleets.
Another reason may be that the implementation process is smoother for large fleets due to their standardized procedures, which makes implementing an ELD training regimen a lot faster.
Small Fleets & ELD Implementation
Small fleets of less than 250 trucks are having a much harder time fully implementing ELDs. Again, the most probable reason for this is due to the upfront financial cost of fleet-wide ELD implementation.
More hands-on ELD training occurs with smaller fleets as well, since it is harder to apply sweeping fleet-wide changes without driver backlash among smaller fleets.
Many speculate and expect to see a mass die-off of smaller carriers due to the FMCSA ELD mandate.
Don’t become a part of this statistic, here are a few reasons why you shouldn’t wait until the last minute to implement ELDs.
Some Don’t Want ELDs
With 51% of carriers reporting that drivers have quit, citing the ELD mandate as their reason.
Over the past couple of years since the announcement of the FMCSA ELD mandate, we have seen numbers of drivers publicly announce their exit from the trucking industry.
Now that we’re nearly 3 months away from the deadline, will we see even more drivers calling it quits and leaving trucking altogether? Only time will tell.
The number of drivers quitting will surely have an impact on the industry that is already supposedly experiencing a shortage of truck drivers.
If you are looking to make the ELD transition process easier on both you and your drivers, we have some tips on how to train drivers to use ELDs.
With the amount of drivers outright quitting due to the FMCSA ELD mandate, combined with the slow adoption of ELDs, the U.S. trucking industry may be in trouble.
Both large and small carriers expect their capacity and/or utilization to decrease as a result of ELDs.
Friction between carriers and shippers is expected to increase as a result of ELD as well, due to the fact that waiting time at shippers will now be logged.
Many drivers feel this will negatively impact their pay.
Benefits of ELDs
In light of all this negative information surrounding ELDs, carriers still report benefits.
Improved monitoring (33%) and better utilization of drivers/equipment (21%) are the two largest benefits of ELDs by far, according to carriers in the survey.
It was also reported that carriers saw a decrease of 84% in HOS violations after implementing ELDs.
So it’s not all bad when it comes to ELDs, the importance is figuring out a system on how to best implement them in your fleet.
If you need some ideas on how to help your drivers transition to using ELDs, read our article here.
This means that if you still haven’t fully implemented ELDs in your fleet, the time is now. There is no reason to wait any longer, start looking for an ELD provider TODAY.
*Data is from September 2016, so numbers are expected to be even higher in terms of percentage of fleets that have fully implemented ELDs.