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  1. Apr 12, 2024 · Quicklook: 5 best truck GPS tracking system options (2024) Best real time fleet tracking system: Trimble. Best driver management solution: Motive. Best for trailer tracking: Verizon Connect. Best for small to medium fleets: Azuga Fleet GPS Tracking. Best no-subscription tracking: Vyncs GPS tracker.

    • Continued economic concerns. 2023 saw the trucking industry in a freight recession, with more trucks and drivers than there was demand for fleet. The issue was most noticeable in situations like trucking mainstay Yellow Corporation filing for Chapter 11 bankruptcy, a clear signal of the volatility of the transportation market.
    • Supply chain disruptions (and resilience) The last few years post-COVID 19 have continued to highlight the vulnerabilities in supply chains, but it has slowly begun to unclog over the past year as the market for used vehicles and parts has begun to correct.
    • Driver recruitment challenges. A continuing trend from years past, finding new drivers from the upcoming generation of the workforce still presents a problem.
    • Persistence of e-commerce. While consumer spending slowed over the course of 2023, the continued surge of e-commerce should prompt fleets to continue to push for high optimization in 2024.
  2. By the end of Q3 last year, an estimated 35,000 new trucking companies had shut down, which was about 10,000 more than in 2022 and about 20,000 more than in 2021. The trucking industry is famously boom-or-bust. It’s a matter of when, not if, the market will rebound, but there has been much speculation about when that time will actually come.

  3. Apr 12, 2024 · Quicklook: Best GPS tracking for fleet vehicles in 2024. Best for simple implementation: Motive. Best for improved fleet safety: Samsara. Best for real-time data insights: Trimble. Best for mid- to large-sized fleets: Verizon Connect. Best for small to medium fleets: Azuga Fleet GPS Tracking. Best for location precision: Garmin.

  4. Sep 23, 2024 · Driving the future: How connectivity will shape the truck industry. Connected services can bring significant value to commercial vehicles—but industry stakeholders must work together to make it happen. Momentum around connected and data-enabled services in commercial vehicles is accelerating. Data-enabled services are critical for new ...

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  6. Mar 19, 2024 · In 2024, the trucking industry faces an intricate web of trends: Green Trucking and Sustainability: The industry is transitioning towards sustainability through the adoption of electric and alternative fuel vehicles, emissions reduction strategies, and infrastructure development. These efforts highlight the sector’s commitment to minimizing ...

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