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THE GREATEST CHALLENGES FACED BY THE TRUCKING INDUSTRY IN THE UNITED STATES

May 26, 2022 048 States Truck PermitsPermits

Are you planning to kick off your trucking business plan and ready to get the wheels turning? You may have assumed everything is a bed of roses. But when you get into the industry, you will realize getting into gear can be more complicated than you imagined.

The trucking industry is prey to challenges, and the more informed you are about the specific vulnerabilities, the more prepared you will be. These challenges range far and wide, and no one knows when the dead-end will come. Many factors have also increased these challenges. They include advanced technology, driver shortages, and even international trade disputes.

The trucking industry issues are inevitable but have a lot to offer if you are ready and willing to focus on doing it right. Buckle up as Global Multi Services takes you through the trucking industry challenges in the United States.

  • Driver shortage
  • Constantly changing regulations
  • Deteriorating infrastructure
  • Financing a trucking company

DRIVER SHORTAGE

One of the biggest challenges the trucking industry experience in the United States is the shortage of truck drivers. According to reports, the trucking industry has more than 63,000 driver shortages. Also, only about 6% stay in their position every year. Reports from the American Trucking Association also indicate that it might grow to 100,000 by 2022.

Driver shortages are plaguing the trucking industry due to an aging population and increased demand from e-commerce. Also, older drivers are retiring with no replacement by younger generations. These have led to increased pressure to deliver on time, driver fatigue from extra hours on the road, and subsequent risk of accidents and injuries.

CONSTANTLY CHANGING REGULATIONS

The trucking industry is subject to constant review and revision. Each state in the United States also has different regulations. These make it difficult to operate and stay compliant in the industry. Trucking companies must now install devices that track the hours their trucks spend on the road every day. The Federal Motor Carrier Safety Administration has also proposed lengthening shifts, changing rules regarding breaks, and others.

Trucking companies must also update the drug & alcohol testing with the FCMSA. These cost trucking companies money and put fleets of trucks out of commission until they are complete. These regulations make it harder for trucking companies to deliver on time on top of the existing problem of driver shortages.

DETERIORATING INFRASTRUCTURE

Having a safe and reliable infrastructure is crucial for operating a successful trucking company. That is why trucking companies have an infrastructure spending plan. But these come with a cost. Asphalt deterioration, signage issues, construction delays, crumbling bridges, roads, and tunnels. All these affect the delivery of goods and cause accidents.

According to American Society of Civil Engineers reports, traffic congestion wastes more than $3.1 billion worth of fuel every year. These increase delivery delays and ruin perishable goods. It can also affect the trucking company’s reputation and cancellation of contracts. Unfortunately, these challenges cannot be controlled by the trucking industry officials.

FINANCING A TRUCKING COMPANY

The cost of running a trucking business is enormous and can get out of hand without proper research and understanding of how it works. Seeking the help of financing companies that suits your trucking business is also paramount. Apply for a business loan with tailored guidance on how to improve your trucking business funding changes. Advanced algorithms can also match you with lending solutions that meet your financial profile and needs.

KEY TAKEAWAY

The trucking industry has a lot to offer, and there are enough for you to claim your slice of the pie. But it comes with its challenges and several potholes. Global Multi Services is a truck permit that provides and operates across the United States. Reach out to us for all your trucking permit and license needs.

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KNOW ABOUT THE ESSENTIAL PERMIT TO OPERATE LEGALLY IN THE UNITED STATES

March 17, 2022 0Canada PermitKentucky PermitOregon PermitPermitsUCR PermitsUSDOT Number

Transporting freight from one place to another is not an easy job, and there are many regulations to follow. You also need to obtain permits and keep them current to travel intrastate, interstate, and international. The process is often stressful, but Global Multi Services can help you secure all the necessary permits.

Here is a guide to operating legally in the United States.

TYPES OF TRUCKING PERMIT

  • Oregon permits
  • Motor carrier permits
  • UCR permits
  • New Mexico permits
  • Kentucky permits
  • Canada permits

OREGON PERMITS

Oregon is one of the states with permission to charge road tax. They issue Oregon Permit to commercial drivers operating within and through the state. Also, the tax rate depends on the weight of the vehicles. To register for an Oregon permit, you must provide some documents. The documents include USDOT Number, VIN, Vehicle Information, date of travel, driver full legal name, route, and others.

The easiest way to obtain your Oregon permits is through Global Multi services. You won’t have to wait for a lengthy application or profuse paperwork. We will file it stress-free and error-free.

MOTOR CARRIER PERMITS

Motor Carrier permit indicates the registration of your carrier identification number with the Department of Motor Vehicles. It also proves you met all the requirements to operate commercially across the United States. The permit is given by the Department of Motor Vehicles of the Motor Carrier Services. It also contains information like Name, Mailing address, permit, and expiration date. Let Global Multi-Services take care of the information and documents required by the Department of Motor Vehicles to register your trucking company. We are what you need, and we got you covered.

UCR PERMITS

Trucking companies involved in interstate commerce must obtain UCR permits and pay an annual fee to travel interstate and internationally. These fees are paid according to the size of their fleet and renewed yearly. To register, they must have USDOT and MC Numbers. Failure to obtain adherence can lead to truck detention by the officials and penalty fees depending on your base state.

UCR Registration is done online through their official website in your base state. A registration fee is charged after completing the registration. Trucking companies whose base state does not participate in the UCR program can apply for UCR Permit in their neighboring participating states.

NEW MEXICO PERMITS 

Trucking companies in New Mexico must pay taxes at the end of each quarter and register for New Mexico Permit. These taxes are charged based on the vehicle’s weight and distance traveled. The state also provides temporary permits for trucking companies traveling across the state for commercial purposes. It is obtained at the port of entry and is valid for 72 hours.

KENTUCKY PERMITS

Commercial vehicles operating interstate or intrastate with a gross weight of 60,000 pounds must register, obtain Kentucky Permits and pay tax quarterly. The tax is paid according to miles travel and mileage tax rate. Trucking companies traveling across the Kentucky highway must also obtain a temporary permit to avoid penalties. With Global Multi-Services, you do not have to worry about your filing. We will get it done without wasting your time.

CANADA PERMITS 

Trucking companies in the United States traveling across Canada must register and obtain a Canada Permit to operate legally. The permit provides access to new markets, routes, and freight compared to your competitors in the industry. At Global Multi-Services, we know expanding your business is your goal. That is why we provide trucking permit solutions to make your dream come true.

THE BOTTOM LINE 

Permits are crucial to staying compliant with the trucking industry regulations. But it takes months to complete if it is a complicated move across multiple states. That is why many companies turn to specialists to handle permitting tasks. Companies like Global Multi Services can handle its securement swiftly and at an affordable price.

WHY YOU SHOULD GET YOUR PERMIT THROUGH GLOBAL MULTI SERVICES 

Global Multi Services ensure you stay legal on the road by maintaining and managing your entire permit list. We will establish a new registration account, obtain permits, and renew existing registrations within 24 hours. We make the process smoother, ensure compliance, and save time. Contact us today for all your trucking permit needs.