Between now and until the year 2027, experts already predicted a growth rate of 3.4 percent for the global transportation industry, which is good news for the business. It means to say that you can easily find the Western Star semi truck for sale you’ve been looking for to start your transport hauling business.
For the year 2020 alone, there was a noted 44 percent increase in eCommerce that largely depended on the trucking industry to make deliveries on time. It is said to be the highest climb in 20 years according to reports and among the reasons cited for the increase is the latest trends used in the trucking industry. Let’s see how these technology trends are making the business more stable.
Bus and Truck Operators Should Consider These Technology Trends
1. Tracking Technologies
You may have heard of them in the past but these have evolved to become a dominant pillar of flourishing bus and trucking companies. Operators can now track their vehicles fast using a GPS device since they will know the exact current location and other basic information of their fleet.
There’s also the anti-theft GPS which proves to be useful to the industry. The Movement of both driver and the vehicle are tracked in real-time. The good thing about this technology, it can also create a system to track inventory as well as livestock aside from the vehicle fleets.
2. Cloud-Based Systems Adoption
The adoption of a cloud-based system called SaaS or Software-as-a-Service is among the most important trends in the transport industry for this year 2021, according to reports.
Using a high-performing computing in transactions affords companies efficiency and cost-savings without the need to invest in expensive on-premises solutions. Almost all business functions are made easy with such a system and you won’t have to spend so much time planning in the area of sales, marketing, finance, HR, even legal, plus a lot more.
3. Paperless Procedures
While it’s true that transactions on paper had been the practice in the industry for so long, there are now companies that have started their paperless operations in 2020 as well as contactless procedures during truck stops.
Likewise, automating the recording system can add to efficiency. For instance, today, you can now print your boarding pass via an automated kiosk and check-in to your flight through your smartphone even before reaching the airport. Besides time-saving, because you skip the part of waiting in line for customer service, you do away with tickets that are actually made with paper.
These are among the many repetitive time-intensive tasks that can be eased by automation. At the same time, errors that are associated with doing manual paperwork can also be reduced. Automation is highly useful in the following tasks: tracking of the fleet, reservation systems, logistics and freight flows, and many more.
4. Digital Payment
Payment through digital devices is now gradually becoming popular which has made the invoicing process much faster and less laborious. On the delivery team’s side, you can send the invoice out minutes after the customary snapshot as proof of receipt of the customer. At this instant, the delivery is recognized, so the shipper can just transmit the invoice to the end retailer.
Remember that these above-mentioned trends can help grow the industry by giving customers flexible, cost-effective, and efficient services. Above all, adopting new concepts is an edge over your competitor.