FOR IMMEDIATE RELEASE
March 9, 2016
LANEAXIS AIMS TO REVOLUTIONIZE FREIGHT TRANSPORTATION
Virtual Freight Management System wipes out layers of inefficiency plaguing $700 billion industry
SAN DIEGO, CA – Technology has finally caught up with trucking – with potential far-reaching benefits for the industry, economy, and environment. LaneAxis (http://www.LaneAxis.com), a San Diego-based company, has launched deployment of a virtual freight management system that gives shippers unprecedented end-to-end visibility and control over their freight. The desktop and mobile app delivers real-time analytics and insights that eliminate the need for error-prone manual reporting. By utilizing real-time internet and mobile GPS data, LaneAxis renders obsolete old and unreliable trucking technology such as the Electronic Data Interchange (EDI) system.
Several major shippers have started utilizing the LaneAxis platform, including a prominent grocery chain.
David Cullen | Truckinginfo.com
The Federal Motor Carrier Safety Administration announced on March 7 that it has restored to public view its “absolute measures” of the safety performance of motor carriers of property.
The agency said it has made the necessary modifications to its Safety Measurement System (SMS) website to make it compliant with the Fixing America’s Surface Transportation (FAST) Act, the highway passed late last year.
Loretta Chao | Wall Street Journal
Truck drivers will have to switch from paper records to tracking their driving electronically within two years under a new federal rule aimed at making roads safer by enforcing limits on the time drivers spend behind the wheel.
The timetable set Thursday put in motion a requirement that has divided segments of the trucking industry and added to debates in trucking over work rules and driver pay. Federal regulators say the electronic logging devices will help them police rules limiting how long drivers can remain on the road, restrictions aimed at preventing fatigue and accidents.
The Federal Motor Carrier Safety Administration (FMCSA) is trying once again to craft a legally-sustainable electronic logging device (ELD) rule after several failed attempts in the past. The agency formally rolled out its long-awaited final rule mandating the use of ELD by commercial motor vehicle operators to record hours-of-service (HOS) data.
“Since 1938, complex, on-duty/off-duty logs for truck and bus drivers were made with pencil and paper, virtually impossible to verify,” noted U.S. Transportation Secretary Anthony Foxx in a statement. “This automated technology [ELDs] not only brings logging records into the modern age, it also allows roadside safety inspectors to unmask violations of federal law that put lives at risk.”
Jack Nicas and Laura Stevens | Wall Street Journal
Investors are pouring millions of dollars into startups hoping to disrupt the $700 billion trucking industry, the latest example of Silicon Valley’s efforts to upend the traditional economy.
A series of startups are vying to become an “Uber of trucking,” leveraging truck drivers’ smartphones to quickly connect them with nearby companies looking to ship goods. The upstarts aim to reinvent a fragmented U.S. trucking industry that has long relied on third-party brokers, essentially travel agents for trucking who connect truckers with customers.
Jeff Crissey | CCJ
Much ink has been spilled regarding the tanking public perception numbers of law enforcement agencies in the year since the highly publicized death of Michael Brown in Ferguson, Mo. Cell phone footage from several other high-profile incidents since that time only have added fuel to the fire.
State and local police forces have been quick to adopt body cameras to capture first-person footage in the event a traffic stop or arrest escalates into violence. Taser, the nation’s largest manufacturer of police body cameras, reported sales in its body cam divisions up 288 percent in the first quarter of 2015 compared to first-quarter 2014.
Sean Kilcarr | Fleet Owner
A survey of the 30 CEOs atop some of the world’s largest third party logistics (3PL) companies discerned broad confidence regarding projected growth for both revenues and profits.
Loretta Chao | Wall Street Journal
A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom.
The amount of freight hauled along the nation’s highways hit an all-time high earlier this year, fueled by improved retail sales and factory output. Trucking industry revenue has grown an average of 6.5% a year since 2009, topping $700 billion last year for the first time, according to the American Trucking Associations.