The Future of Truck Hire: Emerging Technologies and Trends

Technology has upended one industry after another: Lyft and Airbnb changed personal transportation, Amazon Go stores shook up retail, and freight companies face the threat of automation.

Truck rental companies are leveraging emerging technologies to reduce operating costs. This trend will change the way fleets manage their trucks and drivers.

Artificial Intelligence

Artificial intelligence is making its way from sci-fi movies and the news to the workplace. While it may still be some time before AI can replicate human creativity or model consciousness, the technology is already impacting a wide variety of tasks and industries.

For instance, generative AI is being used to create digital images, conversational text and summaries of lengthy documents with just a prompt. And software development platform GitHub recently debuted a tool called GitHub Copilot, which uses OpenAI models to write code based on a user’s request.

However, most Americans remain skeptical of some forms of AI. Some 66% say they would not want to work for an employer that relies on this technology to make hiring decisions or monitor workers. And racial and ethnic groups are split: Black adults are more likely to think that AI would exacerbate bias in the hiring process, compared with White or Hispanic adults. But despite these concerns, some companies are starting to incorporate AI into their workforces.

Self-Driving Vehicles

When it comes to self-driving vehicles, there are many different predictions about how they will impact trucking and the labor market. Some experts believe that AVs could help solve the driver shortage by eliminating the need for human drivers, while others are concerned that the technology may cause job displacement. Visit for รถกระบะรับจ้าง.

Autonomous vehicles have a lot to overcome before they can be widely deployed. For example, they must be able to navigate inclement weather, non-standard road markings between cities and states, and obstructions that prevent cameras and sensors from seeing lane dividers or other roadway elements.

Despite these challenges, some companies are already using AVs in their operations. For instance, Google’s Waymo has partnered with Lyft to offer a commercial ride-sharing service in Phoenix and San Francisco. Waymo’s fleet of cars uses a variety of sensors to navigate and record driving data, including lidar and more than 30 camera and radar sensors. These vehicles also have a safety driver in case the system needs to be overridden.

Big Data

The increasing digitalization of the truck rental industry is expected to boost its demand significantly. This is due to the availability of telematics devices that help in monitoring the real-time status of trucks during transportation.

Moreover, the growing urbanization and rising disposable income are fuelling the requirement for truck transportation. These factors are influencing the companies to opt for rental basis trucking services to save on capital expenditure. Additionally, changing government norms and regulations regarding emission control, fluctuating fuel prices, and other factors are also enhancing the market growth.

Just like how Lyft and Airbnb utterly disrupted personal transport and hospitality, transportation as a service could have a similar impact on supply chain efficiency in the coming years. In fact, last-mile crowdsourcing models already are making inroads into the less-than-truckload space by unlocking unused capacity in capital-intensive assets such as trucks and warehouses. This could lead to more cost-efficient and faster delivery of goods. It may even shave up to 45 percent off the costs of logistics, saving for-hire carriers and shippers trillions.

Blockchain

The trucking industry is a massive business that impacts nearly every person in the country. However, the industry has several limiting factors that keep it from reaching its full potential. One of these factors is the driver shortage. Fortunately, technology could help alleviate this problem.

Blockchain is a new technology that has the potential to revolutionize freight transportation and logistics. It is a distributed ledger that allows users to record transactions in a secure and immutable database. The technology has already made waves in the cryptocurrency industry, but it is poised to make an impact on trucking as well.

For example, blockchain could allow trucks to track maintenance records in a secure, transparent way. This could reduce maintenance costs and improve resale value. It could also be used to create smart contracts, which are a series of tasks that are programmed to automatically execute when certain conditions are met. This could eliminate the need for third-party involvement and streamline processes.