Electronic Logging Devices Are a Speedbump for Truckload Miles, but a Boost for Rates
The electronic logging device (ELD) mandate for U.S. truckers is looming (Dec. 18), and somewhere around 65% of small fleets, which account for most of the truckload carrier base, are waiting until the last minute to install the devices—but they will install them eventually, or risk being taken off the road. Because ELDs are far more exacting than paper logs, they force drivers to adhere more closely to hours-of-service rules, tempering the distance a truck can legally run. We expect small carri...Knight-Swift Transportation Holdings is a truckload carrier and a provider of transportation solutions. The company provides multiple truckload transportation, intermodal, and logistics services using a nationwide network of business units and terminals in the United States and Mexico. In addition to its truckload services, the company contracts with third-party capacity providers to provide a range of truckload services to its customers. The company operates company tractors, independent contractor tractors, and trailers within its Knight Trucking, Swift Truckload, Swift Dedicated, and Swift Refrigerated segments. Additionally, the company operates tractors and intermodal containers within its Swift Intermodal segment.
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