The way we shop is changing. New technology is being introduced on a daily, and consumers are no longer tied down to the traditional methods of shopping. Instead, more and more consumers are shopping from the comfort of their homes. With e-commerce on the rise, in-person retail is decreasing, and the way goods are being transported has shifted, thus effecting the trucking industry overall.
But, how exactly is it changing? Here are just some of the ways e-commerce has impacted the industry as a whole:
- According to the American Transportation Research Institute, also known as ATRI e-commerce is one reason for the shortening of the average length of haul.
- The demand for truck drivers is much greater than it has ever been before.
- The amount of intra-regional and last-mile truck trips have multiplied.
- Because delivery speed is important, a need for faster and more cost-effective shipping options has forced retailers to expand their distribution networks.
- Since truck drivers who fall under the 100 air-mile radius are not required to log their hours, drivers are taking advantage of these positions in order to operate under more relaxed rules.
- Additionally, e-commerce has attracted new drivers to the field because of the shorter hauls and flexibility in hours. Thus, the driver retention rate has increased.
- A focus on parking is now at the forefront. The lack of parking in urban areas has become an issue for many drivers who are faced with a lack of loading and unloading zones. Thus, making it difficult for drivers to complete their deliveries on time.
- Lastly, as the truck industry changes to contain cross channel selling, more drivers are leaning towards single-unit trucks.
In brief, when the economy is up, trucking industry rates increase. Has the growth of e-commerce impacted your business? If so, how? Leave your comments below.