Transport Topics
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The federal rule requiring carriers to use electronic logging devices will dramatically accelerate the industry's adoption of onboard technology, resulting in a market where some carriers will focus only on basic compliance while others will look for additional features to improve efficiency, suppliers and analysts said.
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The Federal Motor Carrier Safety Administration on Dec. 10 announced its long-awaited final rule requiring that interstate drivers use electronic recording devices intended to enforce hours-of-service regulations, and reduce driver fatigue and paperwork for motor carriers and drivers.
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Optimism among chief financial officers about the U.S. economy dimmed in the second half of this year, helping explain why companies plan to temper spending on equipment and hold more cash in 2016.
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U.S. gasoline pump prices are poised to drop below $2 a gallon for the first time in more than six years, which is sure to bring comfort and joy to drivers.
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