FMS Management Services LLC

High Operating Costs Plague Private Trucking Fleets

From rising insurance costs and ballooning driver wages to everyday expenses, operations costs for private fleets are reaching troubling new heights. Inflation and other big-picture economic challenges are blowing budgets and creating an economic burden that’s only worsening with time. Of all the factors contributing to crippling operations costs for private fleets, one stands above the rest: the high price of fuel.

“Fuel is our biggest expense,” says Brian Piraino, Senior Transportation Manager at HP Hood. “We do have the benefit of having our own tanks on site, but trying to overcome the increased [prices] in the last couple of years is not as easy as people might think.”

Some operations are able to offset rising fuel costs by hedging diesel futures in advance. Others choose to negotiate with suppliers in real-time, riding the waves of changing prices in search of the best deal. Such is the case at HP Hood.

“We have some solid business partners throughout all regions, so we try to negotiate as best we can,” HP Hood fleet manager Dennis Wilson says of his fleet’s strategy for purchasing fuel. “When we’re doing 8,000 to 10,000-gallon drops at a time, we try to be strategic with that planning.”

Read the full article at High operating costs plague private trucking fleets - Triple T Transport

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Weathering The Storm Of High Equipment Costs And Low Inventories

Delays on new equipment orders continue to plague the transport industry. From tractors and trailers to tires and parts, sparse inventories and soaring prices are the new normal. When you can find the parts or vehicles you need, delivery can take as long as a year thanks to backorders. Even the once robust market for used trucks and parts has slowed to a trickle.

Read the full article at Weathering the storm of high equipment costs and low inventories - Triple T Transport

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Creative Solutions to Overcome the Truck Driver Shortage

The shortage of truck drivers remains a headache for fleet managers across the country. Good drivers are hard to come by and even harder to hold onto. While there are no one-size-fits-all solutions to this growing problem, savvy managers have developed strategies for hiring and retaining the best driving talent in this challenging job market.

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Integrated logistics – the key to unlocking an efficient supply chain

The world of freight movement has increasingly become more interconnected, with transportation mediums expanding from ocean to road and rail and, more recently, the rising demand for air freight.

With disruptions and bottlenecks creating challenges around availability, capacity, and on-time delivery, more and more customers are changing their strategy from just-in-time to just-in-case. They are also rapidly more open to the idea of incorporating the use of integrated logistics solutions to get their products delivered in a timely and economical fashion.

The transformation of supply chains has led to a change in the expectations of customers from their logistics partners. Resultingly, logistics providers and agencies have had to expand their resources and services to offer integrated solutions that can cater to this demand.

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Delivering to where your customers are:

Your cargo journeys rarely begin or end at the ports. As a leading logistics integrator with an unrivaled global network, we offer end-to-end shipping solutions that are second to none. FMS Management Services LLC’s landside transportation connects key service hub points and major container ports with each other and the rest of the world.

With rail coverage, trucking, barge, and depots, you don’t need to transact with multiple suppliers or coordinate several handovers. Experience the comfort of end-to-end deliveries with just a single partner, and make your supply chain work to your competitive advantage.

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FMCSA Denies Livestock Haulers HOS Exemption

Federal trucking regulators have denied a joint application request for an exemption that would allow truckers transporting livestock, insects, and aquatic animals to drive a total of 15 hours during the 16-hour period following 10 consecutive hours off duty.

The joint exemption request, first announced publicly in February 2019, was made by the National Cattlemen’s Beef Association, Livestock Marketing Association, American Farm Bureau Federation, American Beekeeping Federation, American Honey Producers Association, and National Aquaculture Association.

“The Federal Motor Carrier Safety Administration analyzed the application and public comments and has determined that the exemption would not achieve a level of safety that is equivalent to, or greater than, the level that would be achieved absent such exemption,” the agency announced Nov. 29.

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