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ACT Research: Class 8 CMV orders flat over past month

COLUMBUS, Ind. – Preliminary North American (NA) Class 8 net orders in February were 21,000 units, staying flat since January, while NA Classes 5-7 net orders rose to 18,300 units. ACT’s State of the Industry: Classes 5-8 Vehicles report provides a monthly look at the current production, sales and general state of the on-road heavy and medium duty commercial vehicle markets in North America. The Class 8 market is segmented into trucks and tractors, with and without sleeper cabs. The report includes a six-month industry build plan, a backlog timing analysis, historical data from 1996 to the present in spreadsheet format, and a ready-to-use graph package. A first-look at preliminary net orders is also published in conjunction with this report. “Constrained production capabilities and long backlogs continue to impede new order activity,” Kenny Vieth, ACT president and senior analyst, said. “Based on preliminary February inputs, North American Classes 5-8 net orders were essentially flat compared to January. While order weakness is attributable to supply constraints, the ground rules of data collection play a part: The OEMs only report orders that are scheduled to be built within 12 months. With backlogs effectively stretching 12 months, and with limited forward visibility, order volumes have largely been mirroring production activity.” Vieth said that with critical industry demand drivers at, or near, record levels, industry strength should be measured with long backlog lead-times, rather than in tepid new order activity. Complete industry data for February, including final order numbers, will be published by ACT Research in mid-March.

Oil driller invests in carbon-capture pipeline for Midwest

BISMARCK, N.D. — North Dakota’s biggest oil driller said Wednesday it will commit $250 million to help fund a proposed pipeline that would gather carbon dioxide produced by ethanol plants across the Midwest and pump it thousands of feet underground for permanent storage. Continental Resources, headed by billionaire oil tycoon Harold Hamm, discussed the investment into Summit Carbon Solutions’ $4.5 billion pipeline at an ethanol plant in Casselton, in eastern North Dakota. The plant is one of 31 ethanol facilities across Iowa, Minnesota, Nebraska and the Dakotas, where emissions would be captured and piped to western North Dakota and buried deep underground. The pipeline system would extend 2,000 miles (3,219 kilometers) and could move up to 12 million metric tons of carbon dioxide a year, said Wade Boeshans, executive vice president of the Iowa-based pipeline developer. That’s equal to removing the annual carbon emissions of 2.6 million cars, he said. Boeshans said the involvement of Hamm likely will help raise capital and boost the project’s profile. Hamm’s company helped lead a renaissance in the U.S. oil industry through the use of horizontal drilling to free oil trapped in shale rock. Continental is the biggest producer and largest leaseholder in the Bakken shale formation, with more than 1 million acres (404,686 hectares) in North Dakota and Montana. Hamm told The Associated Press that his company is looking at the pipeline project as more than an investment. “We feel it’s the right thing to do at the right time,” Hamm said. “Carbon capture and storage is going to be more and more important every day as we go forward in America.” North Dakota is the nation’s No. 3 oil producer behind Texas and New Mexico. Continental and Summit officials said there are no plans to inject carbon dioxide into old oil wells to boost production, a process that has been largely unsuccessful in North Dakota. “That is not part of our business plan,” Boeshans said. North Dakota’s underground rock formations are ideal for carbon storage, state Geologist Ed Murphy said. Republican North Dakota Gov. Doug Burgum praised the Summit pipeline and other proposed carbon storage projects in North Dakota, which are integral as part of the state’s plan to become carbon neutral by 2030. Boeshans said the company in December began negotiating with landowners along the pipeline’s path for easements, though the company would not rule out the use eminent domain if agreements with landowners can’t be reached voluntarily. “Overall, we’re making progress with voluntary easements,” he said. The company has not filed permit applications in North Dakota for the pipeline, or for the estimated dozen underground wells needed for storage. The project could employ up to 17,000 people during construction, and lead to 500 permanent jobs when it’s expected to come online in mid-2024, Boeshans said.

Heavy-duty scholarships deadline approaching

BETHESDA, Md. – Applications for diesel/heavy-duty scholarships funded by the University of the Aftermarket Foundation and partner organizations are being accepted through March 31. Applicants can apply online at HeavyDutyScholarships.com and must be planning to attend a full-time program at an accredited two-year or four-year college or university, or an ASE/NATEF certified post-secondary vocational program. In addition to technician training, qualified candidates interested in working in the heavy-duty aftermarket may be pursuing one of many career paths, including engineering, IT/cybersecurity, sales and marketing, supply chain, accounting, finance and more. “With the scholarship application deadline quickly approaching, we encourage all interested candidates to log on and apply right away,” Bob Egan, MAAP, chairman of the University of the Aftermarket Foundation, said. “The diesel/heavy-duty industry has many fine career opportunities, so please spread the word about the March 31 application deadline to anyone who wants a future in the heavy-duty aftermarket and seeks scholarship assistance.” In addition to heavy-duty scholarships, the University of the Aftermarket Foundation also offers scholarship opportunities for those studying for careers in the automotive and collision repair industries. To learn about available automotive scholarships, visit AutomotiveScholarships.com. In total, the University of the Aftermarket Foundation will be awarding over 400 scholarships for the 2022-23 school year to deserving students pursuing careers in the motor vehicle aftermarket. For more information about the University of the Aftermarket Foundation, visit UofA-Foundation.org.

Embark partners with Alterra to open autonomous truck transfer points

SAN FRANCISCO — Autonomous truck software developer Embark Trucks, Inc. has announced a partnership with Alterra Property Group, a real estate investment company focused on industrial outdoor storage properties, to identify and launch transfer point sites across the U.S. Sunbelt. These new transfer points will increase the reach of the Embark Coverage Map and enable new autonomous trucking lanes as Embark prepares for commercial deployment of its technology in 2024, according to an Embark news release. “Since it began the transfer point model and opened the industry’s first transfer point in 2019, Embark has developed the operational expertise and technical specifications required to launch new transfer point sites,” the news release stated. In September 2021, Embark announced a plan to launch up to 100 transfer points across the U.S., working with Ryder to provide onsite operations, maintenance and fleet management in support of seamless coast-to-coast autonomous truck operations. “Through this partnership with Alterra, Embark will look to access the real estate it needs to activate a nationwide transfer point network and execute against its long-term commercialization goals,” according to the news release. Alterra specializes in industrial outdoor storage properties that can accommodate vehicle and trailer parking, and will identify, purchase and lease sites optimally sized and located for transfer points. The company currently owns a nationwide real estate portfolio with over 100 properties located across 27 states. This portfolio will substantially expand through Alterra’s fully discretionary private equity fund that is currently investing nationally with capacity up to $1.5 billion. Alterra plans to deploy new and existing funding to acquire dozens of AV-ready sites in major markets like Los Angeles, Dallas and Atlanta that could be utilized by Embark and its carrier partners over the next several years. “Industrial outdoor storage as an asset class has yet to be institutionalized, making it difficult for tenants with specific and nationwide real estate needs, like Embark, to systematically access a network of suitable sites,” Leo Addimando, managing partner of Alterra Property Group, said. “As a leader in this asset class on our way to accumulating a multi-billion dollar portfolio, we have the ability to provide Embark a strategic advantage when it comes to identifying, securing, and developing a nationwide network of autonomous-ready sites.” “In the short term, Embark and Alterra intend to identify standardized, turn-key sites that provide Embark the ability to quickly scale up at a particular site with minimal lead time or development costs,” the news release stated. “Over time, Embark and Alterra will investigate more creative physical and economic structures, such as allowing Embark to grow across a site over time or allowing Alterra to participate in the economic upside of onsite activity through per-use price structures.” Sam Abidi, chief commercial officer at Embark, said that Alterra “can provide the real estate portfolio, market expertise and capital required to activate a nationwide real estate network of transfer points, enabling Embark to remain asset-light and focused on our SaaS business model. Working with Alterra should give Embark flexible access to a portfolio of AV-ready properties in Sunbelt markets where we plan to expand and marks another key step in our rollout of the Embark Coverage Map.”  

Report highlights role of intellectual property in autonomous vehicle industry

CHICAGO — Ocean Tomo, LLC, released its Autonomous Vehicle Industry Report examining the components of market value, challenges and changes in the autonomous vehicle marketplace, and the increasingly critical role intellectual property licensing is playing in the industry. “Investment and research in the autonomous vehicles industry are expanding,” Ocean Tomo Autonomous Vehicle Industry Analyst Chris Stearns said. “Traditional automobile manufacturers and tech companies are continuing to pursue strategic relationships to advance their goals of developing and commercializing Autonomous Vehicle technology.” Stearns said that with enhanced product complexity and growing functional integrations, the IP mesh in autonomous vehicles bridges numerous technologies from automotive and non-automotive industries. “Technologies, including cameras, semiconductors, radar and lidar sensors, network infrastructure, and many others, combining in new ways further complicate IP licensing in this industry,” Stearns said. “While traditional automotive OEMs dominate the patent filings in the autonomous vehicle space, automation technology disrupters, including Tesla, Apple, Qualcomm, and others, continue to outperform both the market and traditional OEMs and OEM suppliers,” Ryan Zurek, managing director who leads Ocean Tomo’s advisory services, said. Ocean Tomo Autonomous Vehicle Industry Analyst Tucker Goebeler said the rapid growth in the autonomous vehicle industry requires businesses to consider how to best protect their innovations in the market using intellectual property. He says intellectual property will become a key asset for the players in this industry in the coming years. Ocean Tomo Industry Reports share unique insights related to technology and the intellectual property driving business value. The reports reflect on leading market participants, current industry trends, and important deal activity. The reports provide industry predictions, emerging industry partnerships, and analysis of intellectual property protection considerations. Daniel Principe oversees the creation of Industry Reports for Ocean Tomo and covers Cybersecurity for the firm. “The updated Autonomous Vehicles Industry Report highlights the importance of IP in a high-tech industry demonstrating Ocean Tomo’s unique understanding of the industry through the lens of the intellectual property and other intangible assets that enable market participants,” Principe said. In 2018 Ocean Tomo launched a series of Industry Analyst Reports providing a comprehensive look at current industry trends and deal activity. The report is available to download here.

Solar-powered electric truck stop company WattEV adds 3 new advisory board members

EL SEGUNDO, Calif.  — WattEV, which is developing a network of solar-powered electric truck stops throughout California, announced this week the appointment of three new members to the company’s board of advisors. The new board members will aid the company’s growth as it expands its public electric truck charging infrastructure and Truck-as-a-Service program. WattEV has a goal of putting 12,000 electric heavy-duty trucks on the road with a supporting infrastructure by 2030. Its first electric truck stop, under development in Bakersfield, California, is scheduled to open in late 2022, while the first of an order of Class 8 electric trucks for the TaaS program is slated to be delivered at the same time. “As WattEV moves towards revenue generation in 2023 and scaling its operation in years beyond,” Salim Youssefzadeh, chief executive officer of WattEV, said. “The addition of these three distinguished professionals will help the company in building a solid foundation as it completes its developmental work.” The new members and their sector expertise include: Transportation Sector: Tom Nightingale has spent his entire career in transportation. He is currently CEO of AFS Logistics, a leader in supply chain consulting and logistics services. Nightingale has a track record of working with high-growth transportation and logistics companies. He previously served as CEO of International Package Shipping, president of GENCO Transportation Logistics (now FedEx Supply Chain), chief marketing officer of Con-way Inc. (now XPO) and vice president of marketing for Schneider National. Nightingale also serves on several supply chain industry for-profit and non-profit boards. Technology: Rustam Kocher is a self-described “EV-angelist” who “drives on sunshine” by using solar panels to charge his two electric cars – the same concept used in WattEV’s 21st Century Truck Stop in Bakersfield, which will be a 40MW solar park for charging heavy-duty electric trucks. Until recently, Kocher was the Transportation Electrification Team manager at Portland General Electric (PGE), Oregon’s largest electric utility, where his team was responsible for operationalizing and scaling PGE’s electric transportation product portfolio. Prior to joining PGE, Kocher was a founding member of the E-Mobility Group at Daimler Trucks North America, building DTNA’s electric truck and charging offerings from the idea stage to reality. Kocher has also led the global Megawatt Charging System (MCS) taskforce at CharIN, where more than 120 companies, government labs and agencies have been working together to standardize the MCS charging connector that will enable charging for 250 miles of range for a fully loaded rig in less than 30 minutes. Project Finance: Before starting his consulting practice, John Schuster served for 15 years at the U.S. Export-Import (EXIM) Bank as vice president and head of the Structured Finance Division, growing its lending capacity to more than $10 billion per year. He led the bank into new sectors such as satellites, renewable energy, mineral mining, nuclear power and semiconductor manufacturing. Schuster is an expert on project finance with more than 30 years in the infrastructure finance industry. He has led and advised deal and project teams on more than 200 separate transactions, involving nearly $50 billion of approved project loans for infrastructure projects. “We’re honored to have our three new board advisors join our company and guide us in our journey,” Youssefzadeh said. “Our voyage involves pioneering work integrating diverse sectors of transportation and technology, with project finance providing a key element. Having access to advice from accomplished leaders in each of these sectors will be invaluable.”  

ACT Research: U.S. trailer orders open 2022 low; OEMs carefully managing order acceptance

COLUMBUS, Ind. — January net US trailer orders of 26,595 units increased less than 1% from the previous month and were more than 15% lower compared to January of 2021. Before accounting for cancellations, new orders of 28.0k units were down about 2% versus December, and almost 15% lower than the previous January, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build, inventory, new orders, cancellations, net orders, and factory shipments. It is accompanied by a database that gives historical information from 1996 to the present, as well as a ready-to-use graph packet, to allow organizations in the trailer production supply chain, and those following the investment value of trailers, trailer OEMs, and suppliers to better understand the market. “The effort that OEMs have made to prevent untenable backlog growth through controlling order acceptance continues. That effort has been highly driven through dry vans and reefers,” Frank Maly, director of commercial vehicle transportation analysis and research at ACT Research, said. “Expect the conservative order acceptance stance to continue for the near term; until meaningful production increases can be implemented, this will be status quo. Allocation of production between fleets and dealers will continue to be the norm, with dealers, and correspondingly their small to medium fleet customer base, likely more significantly challenged.” Maly said a there was a slight increase in backlog and a slight decrease in production rates. “Those calculate to a slight increase in backlog-to-build at the close of January,” Maly said. “The 8.3-month level for total trailers commits the industry into very early Q4 of 2022 at current build rates, and this is the highest level since last June. We would expect this metric to remain stubbornly high, and it could also be approaching the Christmas timeframe sometime in Q2, projecting an early calendar-year 2022 sell-out.”  

Demystifying the numbers game: Vanessa Gant works to help others build a successful business

There are not a lot of people who claim to enjoy completing tax returns. There are even fewer who enjoy it so much that they decide to do it for a living. Trucking industry financial expert Vanessa Gant is one of those few. “I went to (a tax service) and let them do my taxes. And then I wanted to see if I could do it myself,” she explained. “I came home, and I did it myself, and I came up with the same numbers that they did. It kind of sparked in me.” In her own “bootstraps” story, Gant earned a bachelor’s degree in accounting at Strayer University and then a master’s degree in business administration at Webster University. She accomplished all of this while working, first at a freight forwarder and then a drayage firm — and all the while raising two boys as a single parent. Her first child was born while she was still in her teens, she noted. “I got into that accounting job and realized that if I wanted to make more money, I needed more education,” Gant explained. “At that time, I had some education but not a lot of experience. And in our field, education coupled with experience is what is going to take you to the next income threshold. That’s kind of how it started.” Gant’s hard work paid off when she became the chief financial officer (CFO) at National Transportation Services. Later, she gave up that job to focus on her family, and she started her own business, proVision Accounting Solutions. “When I finished my MBA, I wanted to be in more control of my time. My middle child was growing up being quite the athlete and I really needed to be where he was,” she explained. “I’m going out on my own so that I can be present for my kids without having extra permission.” Gant is happy to talk about the services she provides to truckers through proVision, of course, but more importantly, a great deal of her time is spent in charity and volunteer work. She often speaks at seminars and training sessions, helping others build their businesses successfully. One recent event was “My Money Matters, Jr. Edition,” in which Gant teamed up with Legacy Builders to teach financial literacy to girls ages 10 to 18. “I absolutely love serving,” she said. “I love being able to give back to my community, in any way that I can but definitely from a financial foundational point of view.” Gant is also one of the founders of Leading Ladies of Logistix, a group that seeks to empower women in the transportation and logistics industries. The group provides connections and mentorship for women seeking to build their business skills. Gant believes that properly managing money can make a huge difference in everyone’s life. “Money isn’t everything,” she stressed, “but it can help us get a lot in life if we truly understand it and how to manage it. And I’m a firm believer (that) if my client or anyone that I’m talking to understands how to manage their personal funds, it makes it easier to manage their business funds.” She often appears on a local television station, offering financial and tax advice as “The Money Architect.” Her Facebook page contains numerous posts offering free advice to all, such as “know the difference between bookkeeping and accounting.” Her answer to that question? “Bookkeeping is organizing your financials, tracking your income, your expenses and (ensuring) that everything is right where it needs to be,” she said. “Accounting is the fun part, right? This is where we start talking about strategies, looking at profit margins, looking at what’s making you money and what’s not making you money.” And what about that “Money Architect” moniker? “I design and create,” Gant explained. “I help everyone design and create a plan to create a healthy financial foundation for their business — or just for themselves individually.” As a person who loves numbers, an accounting career made sense for Gant. Specializing in trucking, however, took motivation from a different source. “That was what I had done for 17 years, on the corporate side,” she said. “I simply put what I did in the corporate world, tweaked my audience a little bit and did it on the other side, and it doesn’t feel like work.” When asked what advice she would give owner-operators and small fleet owners, or for those just starting out in the trucking industry, she said, “You cannot grow or scale your business if you don’t know your numbers.” Gant went on to explain that most of her clients say they want to add trucks or trailers to their businesses, but many don’t know their numbers well enough to make sound financial decisions. It’s important to find a trustworthy advisor to help. In addition to helping her clients, Gant has written an e-book titled “10 Financial Mistakes that Put Truck Fleet Owners and Owner-Operators Out of Business.” The book is available, free of charge, at vanessagantmba.com. The publication is also available as an audiobook that drivers can listen to while on the road. When she’s not crunching numbers and helping clients, Gant can usually be found spending quality time with her family. “I absolutely love hanging out with my family. I love hanging out with my friends,” she said. Living near the coast, she also loves time at the beach. Thanks to her husband, she said, she also has a deep interest in sports. He’s kind of walked me over to the ‘dark side,’” she said with a laugh. “We like to travel to cities that have sports arenas and sports teams so that we can attend games.” Gant’s younger son, now 18, was the quarterback of his high school football team and earned a track scholarship to college, so she especially enjoys track and field events. “I’m watching track all the time,” she said. “Anytime there’s any type of track going on, I’m watching.” After starting adulthood as a teenage single mom and working her way up to being CEO of her own firm and a popular mentor to others, Gant says she’s determined to help others achieve their own success. “I wake up every day to do what I love, serving the people that I love to serve,” she stressed. “For me, choosing this work was a no-brainer.”

Safety Series: Be aware of what’s going on around your rig

Every driver knows the importance of looking ahead. Most defensive driving courses advise knowing what’s happening as far ahead as possible so you can see and identify potential hazards while you still have enough room — and time — to react to them. The best drivers understand the importance of knowing what’s going on all around their vehicles, including the rear, the sides and even above and below. It’s tempting to forget about the traffic behind you. After all, you can’t do much about hazards you’re already driving away from. However, traffic to the rear has a pesky way of passing along the side and relocating to the front. While you can’t always predict what another motorist will do, you can observe driving behavior and be prepared. For example, you might see a particular car weaving in and out of traffic, trying to get past slower vehicles. It’s a good bet that car will soon be passing you — and it may very well end up cutting right in front of you to avoid another vehicle. You can’t stop the other driver’s behavior, but you can be ready. Some drivers don’t worry about that vehicle behind them that’s following too closely, reasoning that if there’s a collision at the rear of the trailer, it’s the other driver’s fault anyway. While this may be true, you’ll still have an accident report to deal with and potential damage to your trailer and cargo to sort out — not to mention loss of earnings while you sort it all out. You might also have the guilt of knowing someone was injured (or worse) in a collision with your truck. Drivers who have experienced this scenario know that even if you aren’t at fault in the accident, the memories stay around for a long time. Keep in mind that the tailgater behind you may be someone whose judgment is impaired by alcohol or drugs. Or it could be someone who’s distracted by texting or some other activity and isn’t paying attention to their driving. Easing up on the throttle and dropping just a few miles per hour can encourage the tailgater to pass you, putting the hazard they represent out in front, where you can more easily see it. Your mirrors play an important role in showing what’s around your vehicle. If properly adjusted and used, you can identify vehicles that are passing on either side, but there’s more. You can sometimes identify driving behaviors that could result in a hazard. For instance, it’s common to see people sending or receiving text messages. Every truck driver sees other motorists all day long with cellphones in their hands. Unfortunately, sometimes those other motorists are driving 18-wheelers. Cellphones aren’t the only thing that can distract drivers. Moms are distracted by misbehaving children in back. Overly amorous couples just can’t wait until they stop somewhere. We’ve also heard tales of drivers with their feet on the dashboard, drivers reading a book or magazine, drivers watching a video or reading a map — or any of a thousand things they shouldn’t be doing. When distracted drivers are behind you, their behavior may not be hazardous to you. Once they’re alongside your vehicle, however, your chances of being involved in an accident caused by their behavior go up. These are only a few reasons that your truck’s mirrors are vital to knowing what’s around you. Keep them clean and adjust them so blind spots around your vehicle are minimized, if not eliminated. Just as you do when looking forward, use your mirrors to look near and far so you can identify as many hazards as possible. Professional drivers know the importance of a continuous eye scan. They develop a habit of scanning from side to side, incorporating views from mirrors and windows along with dashboard displays and any other important information. Some drivers prefer to time their eye movements, for example, performing a visual scan every 15 seconds or so. However, how often you scan and what you scan should change based on the current situation and the hazards you’re likely to encounter. For example, when approaching an intersection you’ll pay less attention to your gauges and more attention to vehicles approaching from either side or in front. If you’re turning, you’ll pay more attention to the mirror on the side you’re turning toward. On a deserted highway at midnight, however, you might focus on watching for animals that could jump out in front of your vehicle. You may not need to scan the mirrors as often, since the headlights of any overtaking vehicles are easy to monitor. When you’re climbing a tough grade and your engine is laboring, you might pay more attention than usual to your gauges, especially your temperature gauge. Don’t ever entirely forget any portion of your eye scan, but you can adjust your focus to help you detect hazards that are most likely to occur. When scanning your surroundings, don’t forget to “look and lean.” The area to the right of the cab is a notorious blind spot, especially near the steer tire. Trucks with traditional long hoods are more difficult to see around. By leaning to the right and physically looking at the space you can often see objects that may not show up in the mirror. Also, remember that the spaces above and below your vehicle are important. Most of those areas are completely cut off from your vision, so it’s extremely important to consider objects ahead. Clearances for bridges are often marked, but not always. Awnings, tree limbs and other hazards may have no warning at all. Know the height of your vehicle and, if necessary, slow down or even stop before driving under an object you aren’t sure will clear. Vehicles can be damaged by objects in the road and potholes, so avoid them if you can do it safely. Keep in mind that railroad crossings or other road features can hang up on your trailer’s landing gear and cause you to get stuck. Your tires can sink into soft ground, causing a rollover. Be aware of what’s below your vehicle. By using all available tools and maintaining a continuous eye scan, you can identify hazards and help make sure they don’t involve you and your vehicle.

Show me the money! Studying financial reports provides an overview of the health of the trucking industry

All the signs pointed to a strong year for trucking in 2021. Spot rates set new records — and then set higher ones. Contract rates followed as new agreements followed the rise in spot rates. Carriers that couldn’t buy enough trucks (and couldn’t find enough drivers for them anyway) still made money. There are, of course, many business differences between large carrier corporations and small, independent owner-operators, but similarities exist, too. Publicly held carriers, those that issue stock that allows investors to become part owner, are required by the Securities and Exchange Commission (SEC) to file quarterly and annual financial reports. These reports are often provided to the public in press releases that also contain statements from company leadership. While these reports aren’t exactly an apples-to-apples comparison with small trucking businesses, they can serve as a barometer of the trucking industry. And, because they’re essentially profit-loss statements from some of the largest carriers, they offer a useful comparison with other, smaller businesses. For example, if publicly held corporations are all making large profits and your one-truck business isn’t, the business environment is probably not the reason. They may be doing something you aren’t. The latest round of SEC filings, for the fourth quarter and the full-year 2021, are mostly positive, filled with terms like “all-time record” and “best ever.” Schneider National, for example, had a good year. Schneider CEO and President Mark Rourke said this in the company’s release: “Our enterprise achieved record earnings of over $530 million in 2021.” The company’s operating ratio (the percentage of revenue the company spends to fund operations) dropped 3.2% to 90.5% in 2021 from 93.7% in 2020. For perspective, if your business brings in $150,000 per year, a 3.2% improvement in your operating ratio would amount to an additional $4,800 in profit. Covenant Logistics also had a good year. The company initiated a cash dividend for its investors. After losing $14 million in the last quarter of 2020, Covenant reported operating income of $67.2 million in the same quarter of 2021. “For 2021, we generated over $1 billion in revenue, the highest annual earnings per share in our history, and a 13% return on average invested capital,” said David R. Parker, chairman and CEO of Covenant. Heartland Express reported operating income of $105.4 million and net income of $73.9 million, an all-time high for the company. “In our 36th year as a public company, we delivered our best annual earnings per share results of $1.00 per share,” said Mike Gerdin, CEO of Heartland. The company also repurchased $32 million of its own common stock in 2021. U.S. Xpress was an outlier for 2021. Although the company’s operating revenue grew by 14.3% in the fourth quarter over the same quarter a year earlier, the company took a $5.1 million operating loss in 2021 compared to operating income of $15.1 million in 2020. Eric Fuller, the company’s president and CEO blamed “operational challenges” at the company’s Variant segment for loss and noted that the dedicated division generated record revenue per tractor. Things were better at USA Truck, where the company’s president and CEO James Reed noted, “The company transformation that we have discussed over the last several years has yielded our sixth straight quarter of record adjusted earnings per share. The fourth quarter and full year 2021 represent our highest total revenue and adjusted earnings per share in the Company’s history.” Operating income at USA Truck grew by 143.2% in 2021 compared to the previous year. Total revenues at Werner Enterprises rose 23% in the fourth quarter of 2021, compared to the same quarter in 2020. Operating income rose by 21%. Daseke, parent company of Boyd Brothers, Lone Star, Roadmaster, Tri-State, Hornady and other carriers, claims to be the largest flatbed and specialized carrier in North America. The company reported record net income for the year 2021. “We are pleased to report seasonally strong results for the fourth quarter, as a capstone to a record-breaking year, marked by decisive execution in the backdrop of a strong freight environment,” said CEO Jonathan Shepko, Daseke. TFI, another owner of multiple carriers including CFI, Laidlaw, Papineau, SGT, Coastal Transport, TST and others, reported total revenue increased by 91% in 2021 compared to 2020. “It is gratifying to see all our business segments delivering year-over-year growth in revenues and operating income, on the tremendous efforts of our thousands of talented team members,” said Alain Chairman, the company’s president and CEO. Only publicly traded companies are required to file with the SEC. Many privately held carriers guard their financial information carefully, so information about them will be much harder to find. To review a company’s SEC filings, go to sec.gov/edgar/searchedgar/companysearch.html and enter the name of the company in the search box. When the results come up, click on the box that says, “10-K (annual reports) and 10-Q (quarterly reports).” Another way to review reports is to perform an internet search for the company name, followed by the words “investor relations.” The results usually bring up the company’s latest press release with financial results for the most recent year or quarter. When reviewing the reports, here are a few key items to look for: Total revenue: This is the amount of cash taken in. Sometimes will be reported as total, operating or adjusted revenue and including (or not including) fuel surcharges. Operating income: This is what’s left over after subtracting operating costs such as fuel, driver wages, etc. Operating ratio: This refers to the percentage of revenue spent on operations. What’s left over is the operating income. If it isn’t listed, you can calculate it by subtracting the operating income from total revenue and then dividing the answer by the total revenue. Net income: This is what’s left after subtracting operating and other costs, such interest and taxes. Net income is the “bottom line” of the financial statement. Items such as a write-off of debt or settlement of a legal case can impact net income and it isn’t uncommon for a company to report a positive operating income and net loss. Not all financial reports follow the exact same formula, but the basics are similar enough to compare. So, ask yourself: Is your business doing as well?

Quality Towing Services announces new Lansing location

LANSING, Mich. — Quality Towing Services has expanded and is now able to provide towing and roadside assistance services throughout the greater Lansing area. Located adjacent to Pilot and Flying J Travel Center in Grand Ledge, Quality Towing Services is providing full roadside assistance and towing services for the heavy truck industry. It’s located between Interstates I-96 at Exit 90 and I-69 at Exit 81. Towing and Roadside Assistance Services Towing Jumpstarts Flat Tire Changes Lockout Assistance Fuel Delivery Collision Assistance Mobile Mechanics Electrical System Failure Braking System Malfunction

Cummins to acquire Meritor in billion-dollar deal

COLUMBUS, Ind. — Cummins Inc. and Meritor, Inc. announced on Wednesday that they have entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. “The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, chairman and CEO of Cummins. “Climate change is the existential crisis of our time, and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions.” “In addition, our communities and our planet depend on companies like Cummins to invest in and develop these solutions,” Linebarger added. “This acquisition adds products to our components business that are independent of powertrain technology, and by leveraging our global footprint we expect to accelerate the growth in Meritor’s core axle and brake businesses. There is also a compelling financial case for this acquisition, with significant synergies expected in SG&A, supply chain operations and facilities optimization.” Chris Villavarayan, CEO and President of Meritor, said the agreement with Cummins “builds on Meritor’s track-record of outstanding performance and service to our customers. Our offerings will continue to play an important, strategic role as commercial vehicles transform to become electric and autonomous.” “At closing, Meritor shareholders will receive immediate value at a compelling 48% premium to the Meritor trading price as of Feb. 18, 2022, and customers will benefit from enhanced capabilities in technology and the ability to accelerate investment in axle and brake development and EV adoption,” Villavarayan added. “Our global team members and their commitment to excellence helped make this transaction possible and will fuel our innovations as we embark on this next chapter in our longstanding legacy.” The acquisition of Meritor is expected to be immediately accretive to Cummins’ adjusted EPS and is expected to generate annual pre-tax run-rate synergies of approximately $130 million by year three after closing. Cummins intends to finance the transaction using a combination of cash on the company’s balance sheet and debt and remains committed to maintaining its strong credit ratings. The Board of Directors of Meritor has unanimously approved the agreement with Cummins and recommends that Meritor shareholders vote in favor of the transaction at the Special Meeting of Shareholders to be called in connection with the transaction. The transaction, which is subject to customary closing conditions and receipt of applicable regulatory approvals and Meritor shareholder approval, is expected to close by the end of the calendar year.    

Truckstop.com | Bloomberg Intelligence Survey shows brokers set to capitalize on wider margins

BOISE, Idaho — Robust contract rates spur freight broker optimism going into 2022, according to the latest Bloomberg and Truckstop.com survey, which polled brokerage and truckload companies. “Optimism is driven by contract rates that appear to be catching up with the spike in spot truckload rates, which began to moderate in 3Q,” Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence, said. “Volume growth and rate increases for contractual business are setting up a good year for freight brokers’ gross margins and earnings.” The Bloomberg | Truckstop.com Truckload 2H-21 survey shows accelerating volume growth drives optimism: About 60% of survey respondents saying volume rose in 2H from a year earlier, and 76% expecting greater demand due to positive vaccine developments, peak-season preparation and rising consumer confidence. Increased infrastructure spending could provide an added boost to trucking demand. Brokers remain bullish about their ability to raise their contract rates with shippers over the next six months with about 56% of brokers polled expecting to raise contract rates. About 44% of freight broker respondents had a higher gross margin in 2H than a year earlier, with 59% optimistic about gross-margin expansion over the next six months. Rates for brokers are catching up with spot surge with about three-quarters of respondents expecting growth to continue from restocking and increased economic activity, as well as the backlog created by supply-chain dislocations. The biggest constraints on growth will likely be the availability of drivers and the ability to hire more brokers. “Brokers are in a great position to capitalize on wider margins heading into 2022 due to a host of things including increased volume spurred by greater demand and peak season preparation,” Paris Cole, chief executive officer of Truckstop.com, said. “It’s paramount that we continue to enable brokers to more efficiently streamline their operations by providing the features and functionality they need to take advantage of the industry’s accelerated growth.” The Bloomberg | Truckstop.com survey of survey of freight brokers provides timely channel checks into the market’s health. The most recent sample size was 161, consisting of freight forwarders, third-party logistics providers and broker agents, as well as asset and non-asset-based brokers. Most respondents (83%) have 1-50 employees. The majority of those surveyed (51%) were non-asset-based brokers. The complete survey is available to Bloomberg Terminal subscribers via BI.  

Nirvana Insurance launches data-driven insurance platform for trucking industry

SAN FRANCISCO — Nirvana Insurance, a technology-driven platform that modernizes commercial fleet insurance using vast amounts of data from sensors on trucks, announced Wednesday the public launch of its services to make our roads safer and aid the imperiled truck industry. Led by key former employees from IPO blockbuster Samsara, Rubrik and Root Insurance, Nirvana recently closed a $22 million Series A funding round, bringing the total raised to more than $25 million The round was led by Lightspeed Venture Partners with additional participation from General Catalyst, Elad Gil, Fidji Simo (CEO, Instacart), Spike Lipkin (CEO, Newfront), Sam Hodges (CEO, Vouch) and more. Nirvana will use the funding to scale its operations, grow its team, and invest in R&D efforts to expand products and services. The company uses telematics data to help fleets mitigate risk, improve driver performance, drop costs and make the insurance process easier. Nirvana gives up to a 20% discount upfront to the safest fleets and turns an insurance process that often takes months into mere minutes. “The analog approach to issuing insurance to commercial fleets is fundamentally broken,” Rushil Goel, CEO and co-founder of Nirvana, said. “The process is confusing, slow, and comes at a high productivity and financial cost.” The Nirvana platform connects billions of data points from these telematics and AI-powered dash cams, as well as public sources like the DMV and the department of transportation, to provide instantaneous quotes. Location, speed, video, erratic driving, weather, and traffic are all factors that are assessed by Nirvana’s bespoke machine-learning algorithms. Nirvana also gives regular recommendations to its clients, including specific coaching for drivers, as well as routes to avoid. “In my time working with more than 20,000 fleets at Samsara, I saw over and over again how these small businesses were completely frustrated with insurance and struggling to survive, Goel said. “Truckers who were doing all the right things and investing in safety, still saw their rates go up every year to the point where it forced them out of business,” said Goel. The policies are also usage based: Customers only pay for how much they drive, supporting the focus on reducing costs and tailoring coverage to a fleet’s actual exposure and usage. “Rapidly rising premiums in commercial fleet insurance are causing trucking businesses to shut down,” Raviraj Jain, partner at Lightspeed Partners, said. “Nirvana is bringing next-generation, data-driven insurance to the commercial fleet world by helping them operate not only more safely as business owners but leverage that safety to positively impact customers and beyond. Nirvana’s mission and leadership team have impressed us from the very beginning, and we’re excited to collaborate with the team to help unlock its full potential.” “Today, commercial fleet insurance is creating high costs and inefficiencies for trucking companies. Nirvana Insurance is poised to transform the trucking insurance industry and bring it into the 21st century,” Joel Cutler, partner at General Catalyst, said. “Led by Rushil Goel, on the heels of his success as a product leader at Samsara, Nirvana is delivering an amazing product for customers and agents alike.” Goel said that fleet insurance is only the beginning for Nirvana. “One day soon this use of smart data to mitigate risk will spread to factories and warehouses, for a safer and more efficient nationwide supply chain,” Goel said.  

January truck sales down nearly 40% from December

January sales of new Class 8 trucks on the U.S. market dropped by 39.4% from December sales, according to data received from ACT Research. The difference, however, isn’t as stark it might appear. According to Kenny Vieth, president and senior analyst at ACT, it’s all about “seasonal adjustment” of the numbers. “In December, we typically sell 26% more trucks than in the average month. And in January, we typically sell 21% fewer trucks than in the average a month,” he said. “So when we seasonally adjust, we see that the decline was right about what we expected.” According to ACT’s latest report, 15,208 new, Class 8 trucks were sold on the U.S. market in January, down 9,908 from the 25,116 sold in December. Compared with January 2021, when 17,163 trucks were sold, deliveries declined by 11.4%. The reason for the drop, according to Vieth, is the same as it has been for months — supply constraints due to shortages of semiconductors and other build components and materials. A Feb. 10 “explainer” story released by the Associated Press explored the semiconductor shortage and its causes, noting that trouble was brewing even before the pandemic caused shutdowns and restrictions. In other stories the pandemic is certainly mentioned, along with the unexpected rise in sales of personal computers as companies equipped employees to work from home. The increase in the building of electric cars, however, coupled with the implementation of 5G cellular networks, called for a new type of chip, one that factories needed retooling to produce. The irony is that we can complain on our new 5G phone about delays and higher prices for vehicles that manufacturers can’t get enough semiconductors to build. Relief is coming, but it takes time to bring new factories online. There’s a potential problem, too. Because the majority of chips used by auto and truck manufactures are made in Taiwan, there’s a threat that China could act on its promise to claim the island, further reducing worldwide supplies. Still, investment in new manufacturing facilities is planned for the U.S. by several manufacturers. Of the trucks sold in January, 11,599 were Class 8, fifth-wheel-equipped tractors, while 3,609 were vocational trucks equipped with dump, trash, concrete or other specialized bodies. “I think a lot of that has to do with inventories,” Vieth said, adding that vocational inventories were down 17% year over year in January. With reduced build rates, OEMs can’t build fast enough to replenish inventories at dealers. The backlog of Class 8 trucks ordered for the North American market stood at 258,900 at the end of January. That’s an improvement from the October peak of 284,400, but still comes in at just under 10 months to build them all — and that’s without any further orders. “Builders are telling us that in February and March build rates are going to drop,” Vieth said. “That will push the backlog back up to about 11 months.” The used truck market isn’t likely to help, as inventories are also depleted in that market. Preliminary numbers provided by ACT showed that same-dealer sales fell 8% in January over December. More telling is the 32% decline in sales compared to January of 2021. When used trucks are available, prices are high. According to the ACT publication, “State of the Industry: U.S. Classes 3-8 Used Trucks,” average unit prices this January were a whopping 82% higher than in January 2021 — and that price was for trucks averaging 6% older and with 6% more miles than the previous year. “The used truck market is operating with less inventory than it has at almost any time in recent memory and perhaps ever,” said Steve Tam, vice president of ACT. “The combination of through-the-roof demand and severely limited inventory has driven prices to never-before-seen levels.” As far as forecasting sales for the rest of 2022, it looks like more of the same, at least for a while. “Whether you’re looking at freight rates or profitability, or at least the revenue side, it’s all good,” Tam said. “The bad news is that everything’s costing you more. Barring an unforeseen event, the economy should grow slowly through the year. Results were mixed for individual OEMs, but all of them saw sales declines from December, according to data received from Ward’s Intelligence. That’s the usual case for January, which tends to be a weak month for sales. Freightliner sold 1,801 fewer trucks in January than in December for a decline of 21.7% from December’s 8,315. Compared to January 2021, sales declined by 771 (10.6%). Freightliner sold 37.7% of the new Class 8 trucks sold on the U.S. market in 2021. Volvo and Volvo-owned Mack saw the largest sales declines by percentage. Volvo’s 1,404 sold in January was down 61.6% from December’s 3,657 and 19.6% down from January 2020. Mack sold 683 trucks in January, down 76.7% from 2,926 in December and down 36.9% from January 2020, when 1,082 were sold. In 2021, Volvo owned 10.0% of the new Class 8 U.S. market, while Mack took 8.4% International sold 1,950 in January, down 8.5% from December sales of 2,131 but 15.3% better than January 2021 sales of 1,082 units. International ended 2021 with 11.9% of U.S. new Class 8 sales. Kenworth sales of 2,218 in January represented a 39.7% drop from December’s 3,680 but were 18.7% better than January 2021 sales of 1,868. Peterbilt didn’t fare quite as well, with January sales of 1,623 falling 52.3% from December’s 3,405 and 41% from January 2021, when 2,753 Petes were sold. Overall, during 2021, Peterbilt edged out Kenworth for market share with 14.8% of new Class 8 sales versus 14.6% for Kenworth. Western Star sales of 565 in January was a decline of 6.1% from 602 sold in December but was 35.2% better than the 418 sold in January 2021. The company took a 2.7% share of the market in 2021. Just like most of last year, both new and used trucks will be harder to find and more expensive to buy. Those that find them, however, should find plenty of freight to haul and at very good rates.

2021 commercial vehicle markets strong on demand, constrained by supply chains

COLUMBUS, Ind. – In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that supply-chain constraints kept a lid on the industry’s ability to raise build rates through 2021, at least until December when a torrent of red-tagged/incomplete heavy-duty, and to a lesser extent medium-duty, units were finished. The report, which combines ACT’s proprietary data analysis from a wide variety of industry sources, paints a comprehensive picture of trends impacting transportation and commercial vehicle markets. This monthly report includes a relevant but high-level forecast summary, complete with transportation insights for use by commercial vehicle dealer executives, reviewing top-level considerations such as for-hire indices, freight, heavy and medium duty segments, the total US trailer market, used truck sales information, and a review of the US macro economy. “As supply constraints continue to dominate the conversation, broad-based economic and freight market strength is often overlooked,” Kenny Vieth, ACT’s president and senior analyst, said. “In addition to long lead-time manufacturing demand, US consumers’ economic footprint has never been bigger. GDP surged 5.7% in 2021, with the forecast for growth at 3.7% in 2022, and thanks to the long period of low interest rates, consumer debt service levels are at historically low levels, while household net worth has surged since the beginning of 2020.” Vieth said the virus continues to bend consumer spending to goods and away from services. “Significant congestion in ports on both coasts is expected to linger into mid-year, and pent-up demand in the manufacturing sector is growing, related to the same supply-chain woes that are impacting commercial vehicle production,” Vieth said. “Additionally, corporate profits continue their record-setting run, allowing businesses to invest in productivity enhancing equipment. With wages growing rapidly, machinery demand is well-above trend, as employers drive capital for labor substitution.” Vieth said even discounting for unprecedentedly low automotive inventories and consumer-facing retail inventory-to-sales ratios remain unprecedentedly low. He said this will support freight demand deep into 2022. “Additionally, used vehicle prices are at record levels across Class 8 age and mileage nodes, and data indicate record valuations for medium-duty and trailer assets,” Vieth said. “Healthy consumer and corporate balance sheets and pent-up inventory demand translate into continued robust freight markets and still-rising freight rates (to date).” More information can be found at www.actresearch.net.

Direct Connect Logistix acquires Performance Logistics

INDIANAPOLIS and SALT LAKE CITY — Direct Connect Logistix, a third-party transportation and logistics services company, announced Monday that it has acquired Draper, Utah-based Performance Logistics, LLC in a transaction that positions the combined company to grow nationally. By joining together, the two third-party logistics companies expect to be able to better serve existing customers by leveraging industry-leading technology and working with a broader range of carriers. The combined company will also benefit from an increase in scale and purchasing power. Terms of the transaction were not disclosed. Performance Logistics is a third-party logistics company founded in 2015 by Eric Riddle, Cameron George and AJ Baadsgaard. It specializes in temperature-controlled food and beverage transportation services. “From the start of our discussions with Performance Logistics, we have been impressed by the company’s dedication to its customers, its growth capabilities, and its roster of blue-chip food and beverage customers,” Richard Piontek, CEO of DCL, caid. “This acquisition provides us with a presence in the Mountain West for the first time and strengthens our refrigerated and frozen food capabilities. We also expect it will help us expand our customer base and increase market share with existing customers.” Performance Logistics’ existing management team will join the combined company to help lead an expansion plan for DCL’s regional operations. George will join DCL’s management team and serve as Performance Logistics regional vice president. While DCL’s headquarters will remain in Indianapolis, the combined company views its presence in Utah as a strategic location and intends to expand its workforce there. “We are very excited to combine our efforts with Direct Connect Logisticx. I believe this combination will significantly expand our ability to serve customers across North America,” George said. “The combined scale of the two companies will enable us to deploy additional resources and technologies that will extend our reach, improve our service to our customers, carriers and result in new opportunities for people in both organizations.” Detroit-based private equity firm, Huron Capital acquired DCL in 2018 to build the company into a premier third-party logistics company. With this acquisition, DCL is poised for continued expansion in a growing and dynamic industry. “The combination of DCL and Performance Logistics will provide employees from both companies with more opportunities to grow and succeed in their careers,” Piontek said. “As part of this partnership, we are also putting a greater emphasis on hiring top talent in the areas we service to continue on this path of expansion.” For more information about DCL, please visit: www.dclogistix.com.    

New Pilot Travel Center opens in New Mexico

ALBUQUERQUE, N.M. — Pilot Company is continuing to expand its industry-leading network of travel centers with the grand opening of its newest location in Albuquerque, New Mexico, this month. Located at Exit 215 on I-25, the newly built Pilot Travel Center brings 70 new truck parking spots, driver-focused amenities, and a wide selection of premium offerings to the South Valley area. “We’ve been serving drivers across New Mexico for 35 years and are proud to open our 15th location in the state,” said Jason Nordin, chief operator of Pilot Company. “With our new Pilot Travel Center, we look forward to providing fast and friendly service, comfortable facilities, and additional truck parking for professional truck drivers traveling through the south end of Albuquerque.” Located at 9220 Broadway Boulevard, the Pilot Travel Center is over 14,300 square feet and offers several amenities, including: 12 gasoline fueling positions and 7 diesel lanes with biofuel, DEF, and high-speed pumps for quicker refueling Fresh-made pizza, homestyle meals, and grab-and-go food offerings prepared on site daily, including salads, sandwiches, burgers, fruit cups, and an array of hot and cold snacks. Pilot’s ‘Best on the Interstate’ premium coffees, including bean-to-cup selections and cold brew McDonald’s with drive thru Wide selection of name brand products, electronics, gifts, and gear 70 truck parking spots 5 showers CAT scale Public laundry Full-service and self-checkouts for faster shopping “While you’re fueling up, stop in and try some of our awesome signature coffee and food – we’re serving everything from hot breakfast, pizza, and jumbo chicken wings that are made fresh daily,” Nordin said. To celebrate its grand opening, the new Pilot Travel Center will offer an exclusive deal from Feb. 21 – March 13 for 25% off food and beverages by entering the promo code “Pilot1106” in the myRewards PlusTM app.        

Waymo partners with CH Robinson

MOUNTAIN VIEW, Calif. — Waymo is partnering with C.H. Robinson to integrate the Waymo Driver into supply chains and make autonomous freight movement a reality for their customers. This long-term, strategic partnership will initially include running multiple pilots for C.H. Robinson’s customers in the Dallas-Houston transportation lane with the Waymo Via test fleet. “We look forward to this collaboration with C.H. Robinson, both for their deep roots and experience in logistics and transportation, but also as a company that shares our vision of how technology and autonomous trucking can change our industry for the better,” Charlie Jatt, head of commercialization for Trucking at Waymo Via, said. “C.H. Robinson’s size, scale and platform gives us access to rich and unique transportation data along with customer relationships and pilot opportunities to help bring our Waymo Via solution to the market.” Waymo says C.H. Robinson has a network of nearly 200,000 shipper and carriers and data on over 3 million lanes. The company says that it will get data at scale to help continue its application of technology in the “most effective and valuable ways for the specific needs of the logistics industry.” C.H. Robinson also offers access to its medium and small carrier base and a platform for connecting shippers with AV capacity. The collaboration is expected to lay a foundation to explore how Waymo can make its technology available to more partners as it pursues a Driver-as-a-Service business model. “We are excited to partner with Waymo Via to explore how autonomous driving technology can help bring increased capacity and sustainability into our logistics strategies,” Chris O’Brien, chief commercial officer at C.H. Robinson, said. “Together, we are going to harness this emerging freight technology and its potential on behalf of customers and carriers. We believe there is a real opportunity to bring our scale and information advantage to bear to help develop transportation solutions for them and their ability to participate in and benefit from AV. C.H. Robinson is also best positioned to represent the role of drivers and small and mid-size carriers in a more autonomous future.”  

Six states now allow weigh station e-Inspections through Drivewyze

DALLAS – Kansas, Maryland, Maine, New Hampshire, Virginia and Utah are now piloting expedited in-station e-Inspections at select weigh stations using Drivewyze, operator of the largest public-private weigh station bypass network in North America. Brian Heath, president and CEO of Drivewyze, said there is unprecedented interest from both state agencies and trucking fleets wanting to participate in the modernization of roadside inspections. The program is currently operating in a phase one deployment that expedites CSA-crediting Level III inspections in station. Drivewyze will deliver more information on phase two of the program that builds toward a vision of an in-motion Level VIII inspection in the coming months. Phase one is already delivering material benefits to participating agencies and fleets and is a solid step forward in Drivewyze’s goal to revolutionize roadside inspections. Heath said e-Inspection is dramatically reducing the time it takes to conduct traditional Level III inspections through automation, as it eliminates unnecessary manual data entry and duplication in traditional inspection processes. “Traditionally, officers need to screen carrier and driver data against multiple back-office systems, each requiring a different login and manual data entry,” Heath said. “The process is time-consuming for officers as they juggle access and data entry into multiple federal and state systems. Credentials are often entered multiple times into unintegrated systems, which wastes time; and officers are only human, so it’s natural that errors occur in the process.” With e-Inspection, carrier and driver credentials, as well as HOS data, are transferred wirelessly from the Drivewyze platform, which is embedded in the vehicle’s onboard Electronic Logging Device. Officers don’t need to collect this information manually, nor do they need to manually enter the information into multiple screening and inspection systems. “E-Inspection streamlines the officer’s workload by automatically entering, screening, and pre-populating inspection forms, allowing officers to focus on compliance,” Heath said. “This dramatically reduces the time and errors that can happen with traditional roadside inspections.” Heath said drivers also have pain points with errors and inefficiencies in traditional inspections. “One example is HOS data transfers which require a specific set of processes unique to each ELD platform,” Heath said. “Drivers, who are often already nervous at being pulled over, can make mistakes with unpracticed HOS file transfers, waste time resolving manual data entry or process errors, or worse, receive unnecessary violations for non-compliance when transfer issues are not resolved. E-Inspection automation eliminates errors, reduces driver stress, curtails needless violations and recoups almost 30 minutes of drive time per inspection.” Carriers participating in e-Inspections are seeing immediate benefits. “E-Inspection is a win–win for law enforcement and industry,” said Daniel Patterson, director of safety at Western Express. “It’s more efficient for the driver and helps eliminate data entry mistakes by both the trooper and driver.” “Fleets benefit from e-Inspection because of reduced operating costs, improved drive time, improved driver satisfaction and reduced data Qs,” Heath said. “We’ve seen e-Inspections reduce the time for a ‘clean’ Level III inspection from close to 30 minutes, sometimes more, to only a few minutes.” Any fleets subscribed to Drivewyze PreClear weigh station bypass service can request to participate in the e-Inspection pilot project. Drivewyze’s ELD partners are continuing with software updates so fleets can opt-in to this option. Currently, fleets using Platform Science and Geotab platforms can access and utilize e-Inspections, and Trimble support is currently in development.