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The Nationwide Costs of implementing the ELD Mandate

 

With the trucking industry trying to come to terms with the ELD Mandate. We are seeing its effects throughout all industries as freight rates are rising due to the regulation, driver shortages, and retiring drivers. As freight rates increase for shippers, the price of the goods we buy on a daily basis will go up. This year we will see the added costs of trucking trickled down to the consumers across all industries.

Food prices expected to rise due to ELD mandate

The produce industry is one which has a large concern about being able to find the truckload capacity to move their produce around the country.

The prices of fresh produce is expected to rise in the wake of the ELD mandate (Source: Pexels) Ever since the ELD mandate in December, there has been a discussion about the inevitability in the inflation of food prices across the country. It does not take an economist to understand the scenario – ELDs enforce hours-of-service (HOS) rules, which is widely seen as a restriction on the trucking community and a limit on the number of hours drivers are on the road, thereby increasing the time it takes for freight delivery. It also reduces the profit margins of fleets and drive up rates, which has been quite evident across the industry over the last couple of months. The FMCSA defends the introduction of ELDs, saying it helps keep the roads safer by reducing truckers from going behind the wheel when they are fatigued. Data collected by FMCSA on ELD usage in 2014 showed a 12% reduction in the total crash rate. But the report also noted that there was a visible skewing in data towards larger fleet companies, which made the results questionable. Food prices expected to rise due to ELD mandate

thumbnail courtesy of freightwaves.com

How RC Transport can help your company

As a company that moves freight on a daily basis, RC Transport is seeing the tight capacity concern throughout our customer base. The increasing rates have made it hard for customers to move their products. In order to help with the increased truckload prices, we are offering Flat-Rate Shipping Services for all Partial and Full Truckload shipments. We also have discounts on our LTL Freight services. If your company is looking for better pricing and excellent service, contact us today.

 

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The Top 7 BOL Don’ts

RCT Blog back again with a few tips on what you should never put on an LTL Bill of Lading. In today’s world, BOL’s are scanned by computers and pallets are weighed and measured by computers and lasers. These automated systems require us to provide accurate information and if we don’t, we get penalized for it with outrageous fees. Here are some BOL Don’ts you should follow.

 

Accurately filling out your BOL will ensure you pay what you get quoted. These are 7 BOL Don’ts I have learned over time:

  • Don’t ever reference “liftgate” or “inside delivery” if you are not requesting these services.
    • I know this sounds like common sense, but sometimes goofy errors happen. Instead, if no services are required try stating-” No accessorial services approved without authorization.” This makes it so the carrier is required to contact you before adding any extra services.
  • In the Company Name Field of the BOL, don’t ever put a person’s name
    • This can result in residential delivery fees.
  • Don’t ever put “insured for $xxx.xx” on the BOL
    • Extra carrier insurance charges may result

 

  • Do not put the released value unless the nmfc# requires this information on the BOL.
    • Extra carrier insurance charges may result
  • Do not put deliver by, deliver on, or deliver after on the BOL.
    • Storage charges expedited/guaranteed delivery charges may result.
  • BOL’s must state- Contact “xxx” if delivery problems occur, an email and phone number should be provided.
    • Carriers will communicate about refused freight, accessorial service approvals, etc.
  • Ensure only one BOL is handed to the driver upon pick up.
    • If multiple documents required, ensure the driver places the pro sticker on the BOL Which is to be followed.
    • Drivers will often pro sticker the BOL with the shipper’s logo/ header.
    • Unwanted freight movement and re-consignment charges may result.

If you are looking for help classifying your shipments or would like some pricing, call us today and one of our freight specialists would be happy to work with you to get to where you need to be to reduce rebills and save you time and money moving forward into the future.

Click here to get a quote today!

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The Trucking Industry has Essentially hit the 100% Capacity Mark.

A new year brings challenges to the trucking industry as it continues to struggle with truckload capacity issues. The problems with capacity continue to stem from the increased overall freight demand. Along with this increased demand, we just saw a big change in the industry with electronic logging. The ELD Mandate is changing the way freight moves and therefore impacting truckload capacity further.

 

trucker.com

 

Data tracked by DAT Solutions, for example, showed that the number of available loads for the week ending December 16 increased 2.4% while available capacity dipped 7.5%, sending load-to-truck ratios higher in the dry van, refrigerated and flatbed sectors compared to the previous week. Trucking freight rates, in both the spot and contract segments, have been increasing for shippers, which is an “immediate reflection” of the tight truck capacity situation.  Little to no truck capacity ahead for early 2018 | American Trucker

The Next 6 Months:

If we see any big winter storms this season, it could push truckload capacity way above the current 100%.  This would leave shippers having to pay much more to get loads delivered on time. Shippers might even have to be more flexible with delivery times if they can in order to save money on freight cost. This first half of 2018 will prove to be challenging for everyone in the industry.

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