Got ELDs? Get Ready for Higher Rates

Like it or not, ELDs are coming. The good news? Rates are going to go up. Here’s why. You can’t drive as many miles in a day when you’re running with an ELD. This is especially true when you have strict appointment times, when you’re detained for any reason, and when you need extra time to find parking. If you’ve been using paper logs all along, you know that there are times when it’s really hard to make everything work without a little “editing” of the logs. To be successful as an owner-operator, you need to cover your expenses. That includes driver pay, even when you’re the driver. There are two ways to do that: run more miles, or charge a higher rate per mile. The paper logs can provide flexibility,  up to a point, to gain just enough time to run those extra miles, but ELDs are not flexible. After December 18, the only solution will be to get higher rates. Photo by ISAAC Instruments Luckily there will be a lot of freight available, and there will be less competition. Trucks will run fewer miles per day every time a driver cuts his day short to find parking before the clock runs out, or a truck gets held overnight because the driver ran out of hours while waiting at the dock. It will happen thousands of times a day, all over the country, costing an hour here and there. Brokers are going to need you more than ever, and they’re going to have more of certain types of jobs that you may not have handled before: power-only and...

ELD Final Rule

Here is a link to the final ruling regarding the ELD Mandate. Electronic Logging Devices and Hours of Service supporting Documents; final rule Just a warning its 126 page pdf.  If you are on a data plan you may want to wait until you get on wifi to look at it. Some good stuff in here though.   Authorized safety officials who conduct roadside enforcement activities (i.e., traffic enforcement and inspections) or compliance safety investigations will be able to select a minimum of one method of electronic data transfer from each type of ELD. States will have the option of choosing a minimum of one ‘‘telematics’’ electronic data transfer method (wireless Web services or email) and one ‘‘local’’ electronic data transfer method (USB 2.0 or Bluetooth) for the electronic transfer of ELD...

ELD Truck Mandate Information

ELD mandate is coming up quick.  If it doesn’t get stopped by OOIDA then we will all have ELDs in the truck.  Many people are selling great products.  The FMCSA basically states that every long haul truck driver has to have one of these things.  Unless: Drivers who use paper logs no more than 8 days during any 30-day period. Driveaway-towaway drivers (transporting an empty vehicle for sale, lease, or repair). Drivers of vehicles manufactured before model year 2000. ** From the FMCSA website page –  FMCSA – ELD Rule Exceptions The ELD requires that you have a smartphone app or some other type of device that accomplishes the same thing and a piece of hardware connected to the truck.  The piece of equipment is basically a GPS transponder that is recording information from the truck. It can tell how fast and when you are moving.  Can tell everything about your engine and links all electronic sensing that you can have on your truck.  The technology has tons of benefits and is going to change the trucking industry faster than anything else.  It will revolutionize the way people do business and are able to connect with the people that have freight much easier.  It will enable any trucking company to do business with any shipper.  The bigger companies used to have an advantage over disconnected smaller companies because  they had GPS.  This advantage is gone overnight.  I kinda think that bigger companies want to ELD to become a mandate and organizations like OOIDA are fighting it. Many feel, including me, that it may be an overreach of the government but ELDs will...