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Post ELD mandate update: trucking market has added 4% more trucks since April 1, 2018

Oct 01, 2018 at 09:37 AM CST
There have a lot of questions regarding the state of capacity in the trucking market and whether the market is adding capacity or losing it. The surge of new truck orders suggests that the industry is growing, but most of the answers to date have been subjective. The challenge is that most of the sources for finding out the information are derived from the FMCSA and vehicle registration databases. But our data scientists believe that the answer can be found in near-time data, specifically ELD, telematics, fuel purchasing (gallons consumed of ULSD in the market) and electronic dispatch system data.