Market Update: ELDs, Producer Prices and the Driver Question

U.S. ELD providers enter the Canadian market

The Canadian Electronic Logging Device mandate took effect June 12, 2021, but the rule is not being enforced until June 2022.

Approval has been slow for Canadian ELD providers, but American companies that have been using the system for years are entering the market.

Four ELDs now listed on Canadian registry with apollo ELD’s addition (continue reading here)

Producer prices jump 8.3% in August

Inflation does not seem like it is going to be slowing down in the near future. By this time in 2022, we hope things will normalize. At best 6-8 months if the port congestion gets fixed soon.

Inflation at the wholesale level climbed 8.3% the month before from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010. (continue reading here)

A third of drivers say they would leave over a vaccine requirement

Having drivers leave due to mandated vaccinations would hurt the industry and the supply chains even more. Finding safe qualified drivers is already extremely tough.

A recent Truckers News poll found fully one-third of truckers would tell their employers to fire them if they were required to get vaccinated against the COVID-19 coronavirus. Another 16% say they... (continue reading here)

Businesses question the logistics cost of the vaccine plan

Companies are struggling to make adjustments due to the pandemic and decreased margins.

They are confused and do not want to lose any staff in an already tight labor market.

U.S. companies grappling with the thorny issue of whether to require worker vaccinations against Covid-19 say the U.S. government needs to provide more details about a new, far-reaching mandate announced Thursday.

President Joe Biden’s directive requires vaccinations for all executive-branch employees, federal contractors and millions of health-care workers (continue reading)