The ELD Mandate represents an industry shift that will impact truckers, fleet managers and carriers nationwide. Controversy surrounds the ruling, particularly with Owner/Operators who question the benefits of investing in ELDs. Although ELDs may seem like an annoyance to many, the long term benefits outweigh the initial costs. Here’s a breakdown of the top 5 benefits of ELDs, and why your fleet should start preparing to transition:
1. No more paperwork
Paperwork is a hassle no matter what industry you work in, but for drivers, the time spent painfully logging hours of service greatly reduces time spent on the road. Less time on the road means fewer dollars in your pocket. ELDs automate the process of recording hours of service, allowing drivers to spend more time doing what they’re trained to do: drive.
2. Future insurance saving and benefits
Insurance companies are expected to offer increased benefits and cheaper plans for companies using ELDs because of the improved safety standards and decreased associated risks.
3. Automated IFTA and no more check-in calls
Many ELD manufacturers provide additional fleet management services such as automated IFTA reporting and real-time GPS tracking, which means less time spent on tedious tasks. Fleet management systems improve organization and communication between drivers and dispatchers, resulting in higher transportation efficiency and greater productivity.
4. Safer roads
According to the FMCSA, the primary reason for the ELD Mandate is to increase safety and efficiency within the trucking industry. ELDs mean more accountability for drivers, fleet managers, and freight companies. More accountability means safer driving practices and fewer accidents.
5. A better CSA score
ELDs lead to fewer HOS and Form and Manner violations, which leads to better CSA scores for your fleet. A better CSA score puts more money in your pocket by improving driver and customer retention.