Heavy Duty Trucking

DEC 2014

The Fleet Business Authority

Issue link: https://heavydutytrucking.epubxp.com/i/432752

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Page 49 of 103

T he basic issues of trucking don't re- ally change – get the freight there on time, do it safely, stay on the right side of the law, keep fuel and other costs down. Yet we are living and working during a time where a lot is chang- ing – technology, demographics, manufacturing, regulations and more. How will these changes affect your business? We've come up with 15 trends you should watch next year and beyond. Lana Batts, a longtime leader at ATA and the Truckload Carriers Associa- tion, now a partner in the merger/ac- quisition consulting group Transport Capital Partners and co-president of driver screening firm Driver iQ. At many fleets, the standards for the quality of drivers they hire will be lowered, she says. It also will lead to more mergers as carriers "buy" access to more drivers. And watch for more driver pay increases and other incentives. Many in the industry, however, are saying higher pay is not enough. A worsening driver shortage 1 Driver turnover at large truck- load fleets hit an annual rate of 103% in the second quarter of this year, according to the American Trucking Asso- ciations, the highest since the third quarter of 2012. Expect it to get worse, as the economy continues to grow, existing drivers retire, and increasing regula- tions make it harder for drivers to meet government qualifications. In fact, truckload turnover could reach over 150% in 2015, predicts 46 HDT • DECEMBER 2014 www.truckinginfo.com 15 THINGS TO IN 2015 (AND

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