HOS Requirements Negatively Impacting Trucking Industry

Phil Cohen

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In a recent panel discussion held on Oct. 22 at the American Trucking Associations Management Conference and Exhibition in Orlando, carriers from across the country expressed their concerns about the new hours-of-service requirements for truck drivers. Many shared the belief that the newly imposed changes to HOS rules have negatively impacted operating efficiencies in the industry, as well as the capability to retain talented truck drivers.

By imposing these regulations, trucking companies will face an even greater challenge with driver retention. The decreased mileage is hurting truck driver wages and mandated breaks don’t appear to benefit drivers. Instead, many just sit around and waste 30 minutes when they could be on the road earning money. A recent carrier survey revealed that 44 percent of carriers believed that the new HOS regulations would have a negative impact on fleets’ abilities to find and retain qualified drivers.

Steve Gordon, COO of Gordon Trucking Inc., believes that the new HOS rules have taken a toll on the work-life balance for truckers. To attract drivers, the industry had been working to provide better schedules for drivers, such as offering more “out-for-a-week, home-for-a-weekend” opportunities. The new rules aren’t helping their cause. Overall, Gordon said he thinks the new HOS rules have been an added pain for drivers, causing them to lose out on times spent on routes.

Nevertheless, although the new mandates require truckers to take 30-minute rest stops throughout the workday, the entire panel agreed that this was not a beneficial change. Despite claims made by the Federal Motor Carrier Safety Administration highlighting driver-health benefits to support this new rule, this rationale was also rejected by panelists. If anything, it may actually increase hazards because it’s driving talented and experienced drivers out of the profession.

With the new HOS rules in place for now, trucking companies must remain financially sound in order to retain and acquire talented drivers. As rising operational costs and high fuel prices continue to be a costly burden, truck invoice factoring can help trucking companies add profit to their bottom line. Thanks to immediate cash advances, hauling more loads and increasing revenue has never been easier. So, why wait? Get cash now by requesting a quote online today.

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Phil Cohen

Phil is the owner of PRN Funding and sister company Factor Finders. He has been an authority in the factoring industry for over 20 years, serving on the board of directors for several factoring associations.

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