New Opportunities Created By Recent Innovations In Commercial Trucking
Recent innovations in commercial trucking are creating new opportunities for companies that are trucking in Hamilton and other areas to improve their shipping and courier services. Innovations in freight delivery have also caught the attention of industrial investors and developers including proponents of self-driving trucks.
Innovations can improve the trucking industry, optimize operational efficiencies, reduce emissions, lower overhead costs and increase revenues. For example, Tesla has a fully electric self-autonomous Class 8 truck with the capability of hauling up to 80,000 pounds for up to 500 miles. Nikola Motor Co. has a hydrogen-electric semi that can travel from 500 to 1,200 miles before refuelling. Waymo and Starsky Robotics are developing similar vehicles.
The dramatic rise of retail technology and ecommerce has substantially increased consumer appetites for on-demand goods and services. Delivery methods have to be adopted so that products can reach the consumer’s hands within 1 to 2 hours.
In order to address customer expectations, manufacturing, storage and delivery logistics have to change their processes to do more with less. For years, robotic technology was used to enhance supply chain productivity. With on-demand self-driving and electric trucks, there will be a positive impact to the environment.
Cab size reduction in self-driving trucks does not require the same space as traditional trucks. Size reduction is a simple change but it decreases the amount of building entrances and loading spaces in industrial parks. This development could free up square footage that usually requires more rent.
Electric trucks could transform the way that commercial trucks interact on the roads. Vehicles with the ability to increase and decrease speeds efficiently mean faster delivery times and effectively address safety concerns.
Whereas rail used to be the cheapest option for heavier loads, enhanced hauling maximums of up to 80,000 pounds can make road freight compete with rail transport particularly if transport cost is reduced by 30% to 40%.
Companies that are trucking in Hamilton always stay abreast of the evolving transportation landscape. There are trucking companies that enhance their designs and operations to ensure that their clients benefit from the innovations. They offer competitive pricing for both full truckload and less than truckload freight.