10 Industry Challenges. 1 Unshakable Commitment!

May 16, 2022

At FreightWorks our company begins and ends with people. Our drivers, staff and everyone involved in logistical support each have a compelling story waiting to be told. Without satisfied, safe and selfless drivers America’s supply of everything (literally soup to nuts) would evaporate into scenes of empty retail shelves.

The trucking enterprise across America also includes millions of family members expectantly waiting for a loved one coming home. That’s why a company like ours is committed to be honest, insure safety and deal with each driver as the professional they are.

It’s not what a company “says” but ultimately what it “does” that inspires driver trust and loyalty. And while far from perfect FreightWorks is on a mission to get better every day! Every detail matters from having refrigerators stocked in the driver’s lounge to cleaning and readying a rig for its next cross country trip.

It’s so easy to miss the magnitude of the industry we are a part of! The trucking sector refers to the utilization of various road transportation platforms, such as millions of semi-trailers and light trucks, to move goods across overland routes. Most commonly, goods are transported from manufacturers to retail distribution centers, but there are other uses such as the transportation foodstuffs, live animals, vehicles, hazardous materials and scores of tanker goods.

Trucking is responsible for most of the overland freight movement in the United States, with the macro market worth 732.3 billion U.S. dollars in 2020. Owing to a driver shortage and the inefficient supply chain process with considerable wait times for many shippers driver costs, recruitment and retention remain steep challenges.

Broadly speaking, the full U.S. trucking industry can be divided into three main sectors: full truckload (FTL), a less-than-truckload (LTL), and couriers. As transportation and logistics companies face an uncertain future many are attempting to reinvent themselves as a way to adjust to the shifting sands of marketplace trends. Our FreightWorks strategic team prayerfully assesses many issues every company is forced to deal with embodied in questions like:

  1. Are EV’s (electric vehicles) close in terms of marketplace acceptance?
  2. How do we manage escalating fuel costs?
  3. Will we legislate a lower age for professional drivers as a means to make up the shortage?
  4. How can we present truck driving as an option to young people?
  5. Beyond safety, benefits, compensation, respect and home time how can we make our company a hard place to leave but a great place to retire? How do we redouble efforts to enhance our safety  culture? Each day we deal with Inclement weather and even with weather reports. There are issues with fatigue including lack of rest, highway hypnosis, and demanding work schedules. There are also serious distractions like ever present smartphones, GPS alerts, accidents, reckless drivers, and constant multitasking.
  6. What new federal regulations are coming down the road and how will it affect our drivers? The laws and multiple regulations affecting FreightWorks are subject to constant review by our team. Added to this is the fact that our 50 states frequently have different regulations, so the task of faithfully operating ‘by the books’ becomes more difficult by the year!
  7. What can we do to foster and encourage the personal health of drivers?
  8. How can we encourage state and federal legislators to address deteriorating infrastructure? According to the chairman and CEO of XPO Logistics, Brad Jacobs, the U.S. infrastructure problem is widespread, including “crumbling bridges, roads, and tunnels”.
  9. How do we more effectively manage variable costs for things like repairs, tolls, insurance, fuel, depreciation and various claims?
  10. How does FreightWorks daily improve in recognizing our top priority is driver care?

As the President and CEO of the American Trucking Associations, Chris Spear, put it, “trucking is literally the driving force behind our great economy.” And he’s not exaggerating either. There is impressive data that illustrates how important the trucking industry is to the overall functioning of the economy.

And with more than 90% of trucking companies in America having a fleet of >6 trucks FreightWorks continues to grow with a fleet of 150 trucks in sight and new customer opportunities in site coast-to-coast. But as the enterprise makes its next steps forward it’s always driven by an unshakable foundational commitment which is…people come first! So with purpose, planning and prayer we forge ahead into a future of incredible challenges and promise. Come be part of our team!

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