Rand McNally entered the Commercial Transportation space in 1936 with the publication of "The Official Transportation Mileage Guide." To commemorate this anniversary, the Commercial Transportation Newsletter has been re-christened Milestones. Here are a few more highlights from our nine decades in the industry.
Rand McNally took mileage and routing digital with the release of the MileMaker software in 1980. We were the first technology provider to offer Practical routes to assist with dispatch, estimated travel times, back-haul movements, and fuel-tax calculations.
With the release of the first IntelliRoute products in 1999, Rand McNally became the first to introduce cost-based routing and integrated road construction updates.
In 2009, we released MileMaker global with worldwide roadway data providing a new consistent standard in global mileages and routing as well as the first TND GPS device.
The final rules for the Electronic Logging Device mandate have been delayed. The rules were scheduled to be released September 30, and then October 30. It is now looking like the guidelines will come more toward the end of the year.
Once the rules are issued, drivers using paper logs will have two years to become compliant with ELDs; those with electronic recorders will have an extension. However, Rand McNally will be able to make over-the-air software updates to ensure that customers are compliant.
Most sectors of the U.S. economy are in solid shape, boding well for the overall trucking industry, according to two top economists speaking at the recent ATA Management Conference and Exhibition in Philadelphia.
Bob Costello, Chief Economist for the American Trucking Associations, and Nariman Behravesh, Chief Economist at consulting firm IHS Inc., delivered a mostly rosy outlook.
Although freight has slowed slightly – due to an anticipated inventory adjustment occurring now – it is anticipated that when the cycle completes, there will be strong consumer demand for goods.
“When rectified, there will be big demand. The consumer is there,” Costello said.
Consumer spending growth depends on disposable income growth, which strengthened this year.
The only sector struggling at this time is energy, with oil prices low. This has affected flatbed hauling.
Other economic indicators shared were:
- Refrigerated hauling is the strongest sector in trucking right now, up 10% year-over-year.
- In regard to the omnipresent driver shortage, turnover is slightly down to 86%. The rate was 95% in 2014 and 98% in 2012, 2013.
- Female drivers make up only 6% of the professional driving population.
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