CCJ Indicators rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more.
Mandates for e-logs, speed limiters could have big impacts: The looming electronic logging device mandate, which will likely take effect in late 2017, will trim some of the industry’s fat, according to John Larkin of Stifel Transportation Group. Stifel spoke recently on a rail-based webinar and talked several times about trucking’s driver shortage and its economy-wide impacts.
Larkin said an ELD mandate could push 3 to 5 percent of the industry’s capacity off the road, as “smaller, less compliant carriers won’t be able to cheat anymore to be competitive,” he says.
A speed limiter mandate will cut another 2-3 percent of trucking’s productivity, he said.
Analysts like Stifel, however, predict a sizable rate increase will follow the productivity dents caused by upcoming regulatory changes.
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