What is the Future of Trucking Industry?

1
What is the Future of Trucking Industry? (8
Upcoming Trends!)
Author Ayushi Nagalia
Read Time
Published August 31, 2023
Last Update
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• Select Category
• Table of Contents
• Why Is The Trucking Industry Changing?
• Top Trends in the Trucking Industry to Expect
• Less Long-haul, More Short-haul
• Driver Shortages
• Improved Driver Safety
• Increasing Fuel Prices
• Autonomous Trucks
• Rise of e-trucks

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The future of the trucking industry is headed
towards smart, autonomous, and electric vehicles.
But to what extent? Find out in the blog.
Karl Benz put the ?rst combustion engine on a
truck in the late 1800s, and the heavy-duty
vehicle became the heart of the transportation
industry. Ever since there have been several
revolutions in the industry. From getting
multiple fuel options to being completely powered
by ?eet management software the trucking
industry has come a long way, and the technology
used in the trucking industry has evolved
too. But enough reminiscing! In this blog, we
will talk about the future of the trucking
industry, and the trends you can expect in the
near future.
Why Is The Trucking Industry Changing?
Change is the only constant, right? WCoeollk,
iiteisCoobnvsieonuts that any industry faces
constant change over time. After all, newer
technologies and newer pWroebulesme
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vseeroauger wtheebmsi,tyeo,uyomuust
uangdreeresttoanoduwr Phyrivthaecyy
hPaoplipcey.n. HereAacrcepatfew factors that are
propelling the trucking industry towards a
different future
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Environmental Consciousness The trucking
industry alone is responsible for about 29 of
the USs greenhouse gases. With the growing
global awareness about environmental
preservation, cutting down on those greenhouse
gasses is crucial and something needs to be
done in the trucking industry to ?x this problem.
Increasing Road Accidents Trucks account for
over 21 of all road accidents and road
fatalities. Not only is that a bad number for
the public, but also for ?eets, because more
often than not, it is commercial trucks that are
blamed for accidents, even if they werent to
blame. Unbearable Road Congestion Trucks are
huge, and travelling on already-packed roads
doesnt help. Not all roads can be planned and
rebuilt right away, but there can be better ways
to reduce congestion by moving trucks
elsewhere. Need for Faster Deliveries The
e-commerce industry has increased consumer
expectations by multifolds. With hyperlocal
deliveries, nobody wants to wait for more than 2
days to get their orders, and the trucking
industry needs to step up to keep up with the
pace. Technological Advancements The ?eet
management software industry is set to grow at a
CAGR of 17.9. Therefore, it only makes sense
for the trucking industry to propel towards a
safer, more sustainable, and stronger future.
Top Trends in the Trucking Industry to
Expect After a deep trucking industry analysis,
it is safe to assume that truckers are soon to
see the following trends eCmoeorkgiee.CBoenfosree
nwt e start, it is fun to note that all these
upcoming trends in the trucking industry are
interrelated. RWeaedubseelcoowotkoieksntoowehnohwa
n! ce and personalize your browsing experience.
By continuing to use our website, you agree to
our Privacy Policy. 1. Less Long-haul, More
Short-haul Accept The e-commerce industry will
make signi?cant changes to each trip length.
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Yes, long-haul is irreplaceable and will always
be in the picture. But in the near future, there
will be a much larger number of hubs, cutting
each long trip into multiple short ones.
The e-commerce industry has nurtured the culture
of shorter deliveries and faster TAT. Therefore,
all hubs will be pre-stocked with consignments
that will then go through the short-haul trips
and ultimately, last-mile delivery systems. In
fact, well-known and fast-service companies are
likely to shift their production locations to
more favourable business locations.
2. Driver Shortages The trucking industry is
currently facing and will continue to face driver
shortages. And the primary factor for this is
the ageing workforce of truck drivers. This issue
stems from the fact that most people avoid
trucking for fancier desk jobs, and the average
age of the typical truck driver today has swiftly
reached 42. These driver shortages will only
increase as self-driving trucks become mainstream
and there will not be many people looking to get
into a slowly dying business. Several trucking
industry problems cause the case of vanishing
drivers. Truck drivers often work in harsh
conditions and often go through a lack of sleep,
low pay, poor infrastructure, etc. Therefore, the
younger generation is hesitant to join the
workforce.
3. Improved Driver Safety As the trucking
industry technology advances, you will see a
clear improvement in driver safety. Video
telematics, DMS, and ADAS are improving every
passing day, enhancing drivers safety. Drivers
will be safeguarded on multiple grounds DMS and
ADAS will keep them aware and safe while driving
Video telematics will save them from false
accident allegations Hours of Service(HOS)
monitoring will save them from work exploitation
SOS alarms and other safety features will help
them get aid on time
DCroivoekriesaCfoentysewnitll be the cornerstone
of the future of the trucking industry in the
coming years. We use cookies to enhance and
personalize your browsing experience. By
continuing to use our website, you agree to our
Privacy Policy. 4. Increasing Fuel
Prices FuelApcrciceepstwill go all over the place
with changing vehicle ?eld economies. With newer
alternatives for all non- renewable fuels, but
their inability to immediately solve the trucking
industrys requirements, the ?eld demand-
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supply chain is set to see a lot of
topsy-turvy. Since fuel is one of the largest
?eet operational costs, the rising fuel prices
will also have a signi?cant impact on
overall delivery and shipping costs. This in
turn, will lead to higher trucking costs for the
end consumer.
5. Autonomous Trucks Autonomous or self-driving
vehicles are not a thing of unreachable future.
With the help of sensors, cameras, and the right
?eet management software, autonomous trucks will
soon be part of the best commercial
?eets. Trucking industry news indicates that
prominent companies like IVECO and Plus are done
with the initial testing. Some ?eets have
already started adopting autonomous trucks. This
trend is only going to strengthen in the future
with stronger sensors and more powerful
real-world applications.
6. Rise of e-trucks As expected, future trends in
the trucking industry come together to address
common issues. Since the oil and gas industry is
going to get extremely expensive and the world is
anyway tipping towards environmental
consciousness electric engines become the need
of the hour! And the trucking industry has not
been lagging in following. DAF is one company
that is pushing e-trucks to commercial ?eets and
is successfully getting there! While there are
still several challenges to overcome when it
comes to adopting electric trucks in commercial
?eets, the future commercial ?eets will
de?nitely be full of e-trucks
7. e-Logs and Data Analysis With Fleet Management
Software According to studies, 68 of ?eets
already use ?eet management software to keep
track of their ?eet business productivity. And
all these ?eets use e-logs and data analysis to
get a comprehensive look into how each vehicle is
performing in the ?eet. This ?gure is only
going to go up as data analytics and intra- and
inter-?eet connectivity become paramount to the
trucking industry. In a couple of years, when
you see a trucking industry overview, you will
?nd many productive ?eets leveraging data
analytics. After all, all the electronic logging
ensures that you only get authentic data
regarding your ?eet, and the dCaotaokaineaClyotni
csseanltlows you to make actionable and realistic
strategies! We use cookies to enhance and
personalize your browsing experience. By
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8. Connected Trucking Ecosystem See how all
traf?c lights in an area are connected. That is
exactly what will happen with trucking ?eets.
When all ?eets start using ?eet management
software, and when all trucks locations are
registered on the cloud, the trucking industry
will be more interconnected than ever. IoT has
always been a huge part of the trucking industry,
but the scene goes to a whole new level when
theres complete V2V, V2I, and V2X
connectivity! Trucking Industry Technology and
Automation Will Not Drive Truckers Out of
Jobs As discussed in a previous section, one of
the biggest reasons why the driving workforce is
ageing is because younger drivers worry if
theyll even have a job in the coming year. And
this is a valid fear. However, all changes come
slowly, and that is exactly the case with truck
automation. There should not be a sudden loss of
a job anytime soon. In fact, in line with all
other industries and their fear of the AI boom,
the trucking industry will also need expert
drivers who know how to navigate these
self-driving trucks. Cookie Consent We use
cookies to enhance and personalize your browsing
experience. By continuing to use our website,
you UangrtielecotomomuerrPciraivl
tarcuyckPsorliecayc. h level 4 or 5 of automation
which is not going to happen for many years to
come there will always be a need for a human
driver in the cabin. The drivers behind the wheel
might not have to control everything as
extensively, but their role as a supervisor will
be paramount. Accept
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So, no, the trucking industry technology and
automation will not drive truckers out of their
jobs. Instead, they will make their jobs easier,
more comfortable, and much safer!
Why Will The Trucking Industry Not Go All Green
Soon? From a sucker for the future perspective
the future will BE all green very soon. But from
a more realistic lens, shifting towards an
alternative ?eld will not be as simple as
that. While electric trucks might seem like a
great save because they massively cut down on
fuel costs, they still are a huge monetary and
opportunity liability for ?eet managers. But let
us explain ?rst. Most diesel trucks have a run
range of over 1,500 kilometres. On the other
hand, an electric semi-truck by Tesla has a run
range of hardly 500-800 kilometres.
This means each truck will have to stop many more
times than ICE trucks to recharge batteries. And
to make things worse, the trucking industry in
India is not yet ready for a lot of e-trucks.
Therefore, not only will trucks have to make
more stops, but theyll also have to wait longer
at each stop. And this combination will come in
the way of the trucking industry having to speed
up to ful?l fast deliveries. While
environmentally-conscious ?eet managers with lots
of funds can make the transition with a couple of
adjustments to their supply chain and strategy,
it is not possible for everyone just yet. Yes,
green trucking is possible. And we will see a lot
of e-trucks in commercial ?eets. However, the
transition for the trucking industry to go
completely green will take a lot of time.
Leverage The Future of the Trucking Industry With
TrackoBit! Any trucking industry analysis will
tell you that the major reason for the upcoming
trends is the growing technological support and
advancement. Therefore, it only makes sense for
your ?eet to be managed by the best ?eet
management software out there, right? Cookie
Consent SWo,enuosweicsotohekicehsatnoceenthoamncae
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taonudsseoonuTrrwacekbosBitiet,,yyoouur
1 targurceke?teoeot umraPnraigveamcyePntosliocfyt
.ware. With it, you can ride the wave of all
trends to follow in the industry seamlessly!
Search
SeAacrcchepHtere...
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