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What Would Our World Be Like Without Truck Drivers?

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Just about every facet of consumers’ lives is made possible because truck drivers deliver goods on a daily basis. According to the American Trucking Associations, the trucking industry carried 72.5% of all freight transported in the U.S. in 2019, equating to 11.84 billion tons. If truck drivers were to stop operating, we’d be in big trouble.

Navigating COVID-19

During the current COVID-19 crisis, truck drivers have proven to fit the government’s “essential worker” title. National Truck Driver Appreciation Week took place on September 13-19, 2020 to emphasize the vital role truck drivers have played during the coronavirus pandemic. While many places of business such as restaurants, clothing stores, and bars, have shut their doors to contain the spread of the virus, local and federal authorities have requested the trucking industry continue to keep the supply chain in motion.

In the words of a trucker quoted in USA Today, “If the freight’s there, it’s got to move. If people are going to eat, the trucks are gonna move. If they need medical supplies, the trucks are gonna move. If we stop, the world stops.” Thankfully, the estimated 3.5 million United States-based professional truckers are continuing to keep the shelves of grocery stores stocked with food and household necessities for consumers, along with ensuring medical staff receives supplies needed to give proper healthcare.

What Would Happen if We Didn’t Have Truckers?

Many people outside of the trucking industry do not think about where all of their goods originate from, nor give a thought to the dire scenario that could be presented if truckers stopped operating completely. Consider the example of the week-long strike carried out by truck drivers across Brazil in 2018. CNN reported the results heavily impacted the country as the strike “prevented the delivery of goods to supermarkets and gas to petrol stations.” It even affected public transportation since gas stations ran out of fuel.

So, if truck drivers stopped operating here in the States or other countries around the globe, would chaotic disorder ensue? In short, the answer is yes, especially while we’re in a pandemic.

The first 24 hours would hurt the medical field the most. Due to the lack of delivery, medical supplies would become depleted. Hospitals would run out of basic supplies such as syringes and catheters. Therefore, if the trucking delivery network stopped, hospitals, clinics, and pharmacies would quickly run out of necessities. Looking for a check from your employer or a gift from a relative? There’s a good chance you wouldn’t receive it since the USPS, FedEx, UPS, and other package delivery operations would cease. Also taking place within a day would be the onslaught of food shortages and service stations would begin running out of fuel. Further, without manufacturing components and trucks for product delivery, assembly lines would shut down, resulting in the unemployment of thousands of people.

And that’s just the beginning.

In a matter of two to three days, ATMs across the country would run out of cash. Thus, banks wouldn’t be able to process transactions. Garbage would begin piling up in both great metropolitans and suburban areas. Essential supplies such as bottled water and canned goods would disappear resulting in even more food shortages, especially when consumers panic and hoard foodstuffs (we’ve seen it during natural disasters). Service stations would completely run out of fuel for all vehicles, including the essential working trucks. Imported goods shipped from other countries from the sea would remain in ports.

Within a week, due to the lack of fuel, automobile travel would come to a standstill. Hospitals would begin to run out of oxygen supplies. By the fourth week, the clean water supply would be completely exhausted, and water would only be safe for drinking after boiling. You might be wondering, “What’s a truck driver have to do with the water supply?” Everything. Every 7-14 days, truck drivers deliver purification chemicals to water supply plants. Without such chemicals, water cannot be purified and made safe for us to drink. Inevitably, the water supply plants would run out of drinkable water in two to four weeks.

Thank a Trucker Today

The future’s indeed bleak when you think of a world without our all-important, heroic truck drivers. The magnitude of a ceased trucker operation would produce a trickle-down effect that would ultimately impact everything—right down to our physical health. This information isn’t meant to frighten you. Instead, we hope it bolsters your appreciation for truck drivers internationally. They’re carrying out a job that’s difficult even when we’re not enduring a global crisis. Next time you meet a local truck driver, be sure to thank him or her for their service—because, without them, we’d lack the necessities and comforts we’ve come to take for granted.

5 Biggest Owner Operator Expenses

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As of 2019, the average gross salary of an owner/operator is $220,591. However, this figure does not take into account the expenses incurred each week. On top of standard expenses, the installation costs of a new tractor can run a hefty price tag (over $100,000). For owner/operators, this presents a unique challenge of navigating their budgets.

The key is this: Like any business owner, you need to have a thorough understanding of your cash flow as a trucker, especially if you’re an owner/operator. By asking the necessary questions—“What are the costs of my expenses?” and “What is my net profit after taxes?”—can save you from encountering many financial troubles. By identifying your specific losses due to expenses, you’ll unlock the key to success as an owner/operator.

Here, we present five of the biggest owner/operator expenses and how to account for each in your total budget.

1.Fuel

Fuel is by far the greatest expense to those owning and operating a truck; the average fuel cost for owner/operators ranges from $50,000 to $70,000. You don’t have to estimate your fuel costs each week, month, or year, though. Plan in advance by sorting out your truck’s average cost per mile. This is done by dividing your fuel cost per gallon by average MPG, then multiplying that number by the expected number of miles you’ll drive. Once you have that number, the next thing to do is figure out your fuel efficiency.

The most effective way to get the ideal fuel mileage is by finding the best RPM to run your engine. When you pull your load with torque and not horsepower, you’ll burn less fuel because your truck will use less energy.

2.Your Truck

The truck itself is another large expense, and the primary truck-related expenses pertain to maintenance and tires. Though the price for maintenance may vary depending on other factors, such as the age of the truck, make, and model, alongside the quality of maintenance, you can still expect it to run you approximately 10% of overall costs. It’s helpful to budget for more than you think your maintenance will cost to avoid any financial surprises. Make sure to set aside a maintenance fund.

Furthermore, the average annual tire expense for retreading can exceed $4,000. This number is contingent on variables like miles driven, load weight, number of tires you have, types of tires you purchase, and wear patterns of the truck. When it comes to making the most cost-effective decision in purchasing tires, it’s important to consider the cost and expected lifespan of the tires.

3.Food & Drink

Even for the everyday person, dining out can quickly add up. Owner/operators are constantly on the go, and the prices of food and snacks are often significantly higher on the highway. This means it’s especially important to budget for eating at restaurants, snacks, and drinks. Once the budget is set, do your best to stick to it.

There are a couple of ways you can cut costs when it comes to food and beverage. Invest in keeping a mini-fridge and microwave in your sleeper. Owner/operators are also given a per diem tax break for travel expenses, including meals. As of last year, the per diem rate is 80% of $66 per day. Just be sure to save all receipts for qualifying tax deductions.

4.Taxes

As a hired truck driver, you hardly have to worry about taxes because the company handles such matters. However, owner/operators are responsible for paying a variety of taxes, including but not limited to the fuel tax, federal heavy vehicle use taxes, self-employment tax, and so forth. To avoid any unnecessary stress or confusion, use of a professional tax preparer to ensure you receive every possible deduction and your returns are handled properly.

5.Insurance

Trucking insurance also packs a hefty price tag, costing owner/operators anywhere from $8,000 to $14,000. Some coverage is required, while other insurances are optional. Common insurances needed are Truckers General Liability, Primary Liability, Physical Damage, and Non-Trucking Liability. Be sure to examine your coverages carefully as all insurance isn’t created equal. An insurer might offer cheaper coverage, but that doesn’t necessarily mean it’s the protection you’ll need on the road. Just as essential as having an insured truck is having health medical coverage for yourself. Be sure to factor this must-have into your budget as well.

For more information on how to achieve success as an owner/operator, be sure to follow our blog to stay in-the-know with the latest industry news.

How to Prepare for Roadside Inspections

How to Prepare for Roadside Inspections

At some point in your trucking career, you will be flagged down for a roadside inspection. Passing or failing inspection, however, is ultimately contingent on your preparedness.

For owner-operator drivers and motor carriers, these inspections carry real consequences. Violations can lead to out-of-service orders, higher insurance premiums, lost broker relationships, and downtime that directly affects revenue.

A poor compliance record can also damage your reputation with shippers and fleet managers.

The good news is that most violations are preventable. Knowing how to prepare for roadside inspections and following consistent inspection routines can help you stay compliant and maintain a strong safety record.

The Different Levels of Roadside Inspections

Roadside inspections follow standardized procedures established by the Commercial Vehicle Safety Alliance (CVSA). These inspections typically fall into three primary categories.

  • Level I inspections are the most comprehensive. Inspectors conduct a full North American Standard inspection, including examination of both the driver and the vehicle. During this process, inspectors inspect vehicle components and review hours-of-service (HOS) compliance.
  • Level II inspection procedures focus on many of the same vehicle components, but without crawling underneath the truck. The inspector performs a walk-around inspection and checks the driver’s documentation.
  • A Level III inspection is about driver compliance. Inspectors review records such as driver’s license, record of duty status, electronic logging devices, and required documents related to driver qualification.

If inspectors identify serious safety issues when the roadside inspection occurs, the vehicle may be placed out of service under the North American Standard Inspection Criteria. You must then correct the violations before the truck can return to the road.

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How to Prepare for Roadside Inspections: Key Steps Every Driver and Fleet Manager Should Follow

Once you understand how inspections work, the next step is to follow a consistent semi truck inspection checklist and stay on top of routine truck maintenance to reduce violations and pass inspections with confidence.

Keep Your Documentation Organized and Accessible

A Level III inspection is specifically focused on the driver’s credentials, so documentation must be organized and readily available.

Drivers should always keep the following required documents within reach:

  • Driver’s license and commercial driver’s license (CDL) credentials
  • Medical examiner certificate or applicable medical waivers
  • Record of duty status and electronic logging devices (ELDs) logs
  • Registration and proof of insurance
  • International Fuel Tax Agreement credentials
  • International Registration Plan documentation
  • Annual inspection reports
  • Hazmat paperwork, if applicable

Having these materials organized in a binder or digital folder prevents unnecessary delays during the inspection process. Many drivers also keep electronic backups of key documents. This helps avoid problems if paperwork becomes damaged or misplaced during travel.

Maintaining accessible documentation ensures inspectors can quickly verify compliance, allowing drivers to complete inspections and return to the road faster.

Perform Thorough Pre-Trip Inspections Every Day

During a Federal Motor Carrier Safety Regulations (FMCSR) Level I Roadside Inspection, inspectors closely examine the vehicle’s condition.

A thorough pre-trip inspection can help drivers identify safety problems before they lead to violations.

A pre-trip inspection should check several critical vehicle components:

  • Brake system and brake and accelerator pedals
  • Tire condition and tread depth
  • Lighting systems and reflectors
  • Air leaks and suspension components
  • Cargo securement and trailer connections

Documenting any issues helps ensure you can address problems quickly. Small issues can escalate into serious safety violations if ignored.

A complete pre-trip inspection routine improves the likelihood of passing roadside inspections and prevents unexpected downtime.

Stay on Top of Preventative Maintenance

Preventative maintenance plays a major role in keeping a commercial vehicle compliant during inspections. Routine service should include monitoring key components such as:

  • Brake adjustments
  • Tire inflation and rotation
  • Steering and suspension systems
  • Emissions equipment
  • Lighting systems

Working with a trusted maintenance shop helps ensure repairs are completed correctly and documented for compliance purposes.

Keeping detailed service records also helps motor carriers demonstrate responsible maintenance practices during audits or inspections.

Conduct Post-Trip and En Route Inspections

A post-trip inspection is where you catch tomorrow’s violation today. Focus on the items most likely to slip between loads and trigger a violation:

  • Tires and wheels: look for cuts, bulges, uneven wear, low pressure, missing lug nuts, or leaking hub seals
  • Brakes and air system: listen for air leaks, check air build time, drain air tanks if needed, and note any pull, fade, or warning lights you felt during the day
  • Lights and reflective tape: walk the full rig, confirm everything works, and clean lenses if they’re obscured by grime
  • Cargo securement points: inspect straps, chains, binders, edge protection, and anchor points for damage or slack
  • Leaks under the truck: spot-check for oil, coolant, fuel, or air line leaks near fittings and the engine area
  • Paperwork and ELD notes: reconcile your duty status and annotate anything that could raise questions (delays, breakdowns, roadside service)

En route, quick checks also help prevent roadside surprises. Check the failure points at every opportunity:

  • First stop after departure (5 minutes): verify tires, lights, and load securement, because straps settle and issues show up early
  • Fuel stops: check tire pressure visually, look for fresh leaks, inspect lights, and make sure your trailer connections and airlines are seated
  • After rough roads or hard braking: re-check securement tension, tire condition, and listen for new air leaks
  • Any time something feels off: pull into a safe location and look immediately, because inspectors will notice what you ignored

This routine reduces repeat violations and gives you a clean paper trail if an inspector asks what you did to stay compliant.

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Protect Your CSA Score and Safety Record

Violations discovered during roadside inspections directly impact a carrier’s Compliance, Safety, Accountability (CSA) score.

Poor safety scores can create several business challenges:

  • Increased insurance premiums
  • Reduced eligibility with freight brokers
  • Loss of contracts with shippers
  • Increased regulatory scrutiny

Repeated violations also raise the likelihood of future inspections. Maintaining a strong compliance record helps fleets maintain credibility and attract better freight opportunities.

What Happens If You’re Placed Out of Service During the Inspection Process?

An out-of-service order is not a warning. It is an immediate stop under state and federal regulations that prevents you from moving until you resolve the issue.

Here is what it typically looks like when an inspection officer places you out of service:

  • You are parked until the violation is fixed: Depending on the issue, that could mean waiting for roadside service, getting towed, or sitting until a qualified repair is completed.
  • Your clock and schedule take a hit: If the stop runs long, you can burn through hours of service and hit hours-of-service limits, even if the original problem was mechanical. If the inspection includes log review, problems tied to electronic logging devices can also extend the stop.
  • It can jeopardize your load: Brokers and shippers do not care why a truck is late. A missed appointment can mean a rescheduled delivery, a rate cut, or losing the load entirely.
  • Costs stack up fast: Roadside callouts, towing, parts, and labor all cost more when you are stuck on the shoulder or at a scale. Even if you get the repair done quickly, you still lose revenue while the truck is not rolling.
  • It creates a paper trail that follows you: The inspection result becomes part of your compliance history, and repeated issues make your next roadside inspection more likely.

You can prevent many out-of-service situations by treating your daily walkaround like a compliance drill. Make sure documents are easy to access, record issues in your DVIR, and do not ignore small mechanical problems that turn into safety defects drivers get cited for.

That combination is what supports successful roadside inspections and puts you or your fleet in a better position for passing roadside inspections the next time you get pulled over.

Driver reviews documents while operating truck on highway in Pleasant Grove California

Conclusion

Preparation is the most effective way to avoid violations, reduce delays, and maintain safe road operations. Routine inspections and preventative maintenance help drivers remain compliant with industry regulations while protecting their ability to operate.

Staying compliant protects not just your license, but your equipment investment and long-term business growth.

If repairs or maintenance are standing between you and a roadworthy truck, Mission Financial Services can help. We offer commercial truck financing options that support necessary fixes and keep you ready for the next load.

Get in touch and start your credit application today, and keep your truck where it’s meant to be – on the road, making money.

Frequently Asked Questions

What Is a Level I DOT Inspection?

A Level I inspection is the most comprehensive roadside inspection. It includes both a driver compliance review and a detailed inspection of the vehicle’s mechanical condition.

What Is the Most Common Roadside Inspection Violation?

Common violations include brake system issues, lighting problems, tire tread violations, and hours-of-service limits violations related to electronic logging devices.

How Long Does a Roadside Inspection Take?

The length of an inspection varies by level. Some Level II inspection procedures may take only a few minutes, while full Level I inspections may take longer.

How Do Violations Affect My CSA Score?

Violations recorded during inspections contribute to a carrier’s CSA score. Repeated violations may lead to increased regulatory oversight and higher insurance costs.

5 Ways to Manage an Over-the-Road Trucking Company

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When you manage your own trucking company, you’re expected to handle all hauls with complete efficiency; and that’s on top of taking care of a long list of other crucial responsibilities necessary for your company’s survival. Throughout the COVID-19 pandemic, owners/operators have had their hands full as many companies rely on them to fulfill orders and accomplish essential hauls. But even as the workload increases, everything must continue to run smoothly. Experienced truckers know that requires superior management skills.

In this article, we’ll go over the top five responsibilities an owner/operator must handle on a day-to-day basis and how to manage them properly.

1. Clients

A recent survey found 78% of clients have canceled business transactions due to poor customer service quality; no clients equals no revenue. When managing your own trucking company, it’s essential to prioritize your clients in order to develop and maintain consistent, positive relationships. Once you arrange and schedule your hauls, you should communicate the details with clients and keep them in the know in the event of any changes. This demonstrates excellent communication skills and work ethic—two things absolutely necessary in order to create a steady workflow and a stable, profitable company.

2. Health

Nearly 1 in 15 people work in what is considered one of the nation’s unhealthiest industries: the trucking industry. In 2019, a study from Business Insider found 7 out of 10 truck drivers were categorized as obese and about 17% were considered morbidly obese. When you’re sick and not on the road, your company loses revenue and crucial business opportunities. Try incorporating these lifestyle changes to combat any health problems and keep on trucking:

  • When you’re done for the day, take some time to exercise.
  • Develop and maintain a healthy sleep schedule.
  • Cook our pickup healthy meals for yourself; skip the drive-thru.
  • Drink plenty of water.
  • Give up smoking for good.

3. Expenses

On average, the trucking industry rakes in $255.5 billion in revenue each year—but everything comes at a cost, and running your carrier authority is no exception. As a manager, it’s your job to track and manage your company’s expenses using organized and detailed records. In doing so, your company will have a greater chance of surviving, as you’ll be able to track whether your company is gaining or losing money. If you find you’re entering a potential deficit, you need to readjust how you operate and fund the major expenses (e.g. fuel, food/drink, insurance, and rigs) by developing a budget. Of course, there will be unforeseen expenses, so plan ahead by creating an emergency fund. Over time, you’ll learn how much you spend per month and how to lower costs and operate more efficiently.

4. Fuel

It’s crucial to properly manage fuel usage and its expense. On average, truck drivers will log between 2,000 and 3,000 miles per week and more than 100,000 miles per year; this translates to around 53.9 billion gallons of fuel annually. Pair those numbers with the fluctuating diesel prices, and you’ve got a serious expense on your hands. However, there are ways to manage your fuel usage and minimize the cost, such as monitoring your rig’s tire pressure, minimizing idling, moderating your braking, and managing cruise RPM. Not sure if these things are helping you reduce fuel consumption? Try tracking your fleet’s fuel expenses before and after applying these changes, and see how much you save.

5. Taxes

When you own and manage a trucking company, you are responsible for calculating and paying your taxes correctly each quarter, plus filing several tax forms and schedules, such as W-9, 11099-NEC, and Form 1040. If your taxes are not tracked or paid correctly, your business could be in jeopardy. To avoid any missteps, keep a profit and loss statement each quarter, set aside 25 to 30% of your weekly net income, and pay your quarterly taxes on time to avoid penalty charges.

Ready to start your career as an American truck driver? Want to learn more about what it takes to succeed as an owner/operator? Check out our latest post, 5 Things Owner/Operators Should Do to Achieve Success.

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5 Things Owner/Operators Should Do to Achieve Success

Professional middle aged truck driver in casual clothes driving truck vehicle going for a long transportation route.

Trucking is an expansive and flourishing occupation—and it’s one of the industries that hasn’t slowed down during the current COVID-19 crisis. Companies and essential businesses turned to trucking, heavily relying on owners/operators to deliver their much-needed products across the nation. With this level of productivity and increased activity comes the question of success. What is now deemed “successful” in the trucking industry?

For some people, success is defined by what they have. For truck drivers, success is determined by their quality of work and the professional milestones they meet. But if you’re new to owning and operating your own business, figuring out how to measure success outside of just numbers can seem overwhelming. There’s so much more to success than sheer quantity or numerical values. In this article, we’ll break down the top five things you should do if you’re aiming for success in the trucking industry.

1. Be Positive

Trucking can be a strenuous job, but if you approach your career with set goals and a positive attitude, you’re more likely to beat out the competition and thrive as a business owner. It’s essential to consider your needs and desires to establish your short-term and long-term goals. Write out your goals and treat them as stepping stones to your future. Another tip for success: Try starting your day with “I get to” instead of “I have to.” When you work as an optimist, you can be 20 to 40% more successful than pessimists.

2. Health Matters

Successful business owners know a healthy body leads to a healthy mind, which leads to a healthy business. Researchers at the University of Georgia asked a group of people who make upward of $100,000 per year what helps them find success in their work. At least 75% credited their focus and drive to physical fitness. If your health is compromised by an unhealthy diet or lack of exercise, you’re almost guaranteed to spend more time in a doctor’s office and less time running and growing your business. An unhealthy lifestyle also leads to poor leadership skills and personal qualities, like tiredness and irritability. By staying on top of your health, you’ll be more energized, focused, and capable of taking your trucking business to the next level.

3. Focus Is Key

Business owners become successful by staying focused, committed, and driven. It’s easy to lose focus in the hustle of day-to-day operations; to grow your business, however, try incorporating healthy and productive habits. Each morning, write out your goals for the day then focus on them one at a time. When you focus on too many things at once, you lose up to 40% of your productivity. Working one goal at a time will help you hone in on the day ahead. While on the clock, eliminate distractions and stay committed to your goals. Combine your focus and commitment, and those around you will see you as a driven leader and someone they want to work with.

4. Work Harder and Smarter

Having a business means setting goals, achieving them, then working hard to outdo yourself on your next set of plans. A study from Harvard showed 3% of graduate students had written goals and plans. Ten years later, the 3% were making 10 times more than the 97% who didn’t have written goals. Make your goals achievable, then strive to achieve them. To work smarter, try placing your simple tasks and goals at the start of your day. It’ll give you a sense of accomplishment and help you conquer the more challenging tasks later.

5. Don’t Be Afraid to Fail

Finally, don’t be afraid to fail. It works exactly how it sounds. Things don’t always go according to plan. Some things are past our control, and that’s OK. Successful owners aren’t afraid to leap, even in the face of potential failure. It’s important to lose any fear of judgment and view your losses as learning opportunities. To get to your future, weigh the pros and cons of new options, accept any outcome, then strive for the next best thing.

Now that you have the tools for success, it’s time to get to work.

Interested in learning what it takes to become a successful owner/operator? Check out our post, How to Succeed as an Owner/Operator. For more industry news and content, stay up to date with our blog. Ready to begin your career as a trucker, but need some financial guidance? Visit our website to view our list of services, and contact us with any questions.

How Working from Home is Affecting the Transportation Industry

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COVID-19 changed just about every aspect of American society, including our work lives. Earlier this year, many offices and places of business transitioned to a remote work structure with a majority of employees working out of their homes. One of the results of this change is some people no longer have a daily commute. The initial lack of commuters on the road drastically impacted traffic patterns and the transportation industry as a whole. While traffic patterns are increasing again, the transition continues to impact truckers—who are now in higher demand. Keep reading to find out exactly how remote work impacts traffic patterns, demand, and the day-to-day lives of owners/operators.

Truckers Have the Roads to Themselves

While some U.S. cities are seeing lower traffic levels—a decrease by up to 63%—trucking continues to be steady. The pandemic increased trucking activity and boosted cargo volumes since the shift in March. For truckers, large chunks of time can be spent battling gruesome traffic, drastically lowering the productivity of the entire supply chain. In 2016, the American Transportation Research Institute determined an estimated $74.5 billion in excess operating costs could be blamed on heavy traffic. This impressive figure speaks to the extent to which traffic determines the effectiveness of the entire supply chain.

Peak traffic hours in the mornings and evenings can almost entirely be contributed to commuters. Without them, those hours don’t bring the same congestion. Trucking companies used to have to completely change their routes in order to avoid high traffic areas. Many companies even planned the locations of their facilities in order to avoid trucks having to cross through metropolitan hubs. With lighter traffic than usual in some areas, many truckers can now take more direct routes and get to their destinations much faster.

Less Traffic Equals Less Liability

Having fewer drivers on the road makes traveling safer for owners/operators. By having fewer cars on the road, there is a smaller margin of error when it comes to accidents and collisions. Busy roads and traffic have been linked to increased rates of reported low-speed accidents. A study conducted by the Department of Transportation in the state of Maryland confirmed a positive correlation in the frequency and severity of collisions in high congestion lanes. When there are more cars on the road, it adds an elevated level of unpredictability. When accidents do occur in heavy traffic, that collision is much more likely to reverberate and cause pile-ups.

Streamlining the Supply Chain

The work-from-home structure also necessitates additional supplies. Since people are in their homes all day, they’re using delivery services more frequently, thus boosting business for truckers. Because of this increase in demand, trucking companies are rapidly adapting to make it all work. As mentioned earlier, many owners/operators are trying to plan routes for more direct travel. Additionally, warehouse reconfiguration allows truckers to spend less time at inventory facilities, and more time getting everyone the supplies they need to thrive from home.

Getting Back to “Normal”

Studies by StreetLight Data note that traffic is returning to its previous levels, particularly in rural areas, at a quicker pace than originally expected. As more motorists return to their daily commute, truckers might see a return to pre-COVID conditions. Fortunately, the transportation industry as a whole has evolved during this period. Even after traffic picks back up, the industry has found new and creative solutions—such as redesigned routes, streamlined loading procedures, and overall supply chain optimization—to make the entire supply chain more efficient and profitable. Additionally, as the disruption continues, more and more people will remain in their homes, amplifying the demand.

While traffic may be starting to increase again, getting up to 90% of the pre-pandemic levels, most metropolitan areas are still reporting lower congestion rates. The advancements made during this new period will have ripple effects that remain far past this period of uncertainty.

Going forward, many companies are discovering that remote work is productive, and as everyone settles into working from home, it might remain that way. If working from home becomes the new standard, the benefits it’s had for the transportation industry can be further capitalized upon in the months, and possibly years, to come.

Mission Financial is your all-in-one resource for trucking financing and industry news. Check out our comprehensive blog for updates on the transportation industry.

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