Fall 2017 issue of Horizons

With these units, companies are now able to track each vehicle separately — reviewing miles driven, average miles per hour and driver practices such as breaking too hard, frequently or sharply. Monitoring GPS can help reduce fuel cost, repairs and tire costs. Many trucking companies are evaluating the need for additional analysts who constantly review the data that comes in from the trucks. The days of having only a dispatcher and a driver appear to have gone by the wayside. Truck Safety Not all technology is built to help trucking companies make money; some is designed to keep others on the road safe while sharing the same highway. Last year, Samsung unveiled a vision for a safer shared road. The concept is to turn the back of a tractor trailer into a screen that would project what is seen from the front of the truck. If you have ever been stuck behind a slower moving tractor trailer, but felt anxious to pass it, this concept would ensure you it is safe to pass.

While this concept may seem far-fetched, it is just one example of what companies are developing to stay ahead of the curve and adapt to the changing environment. As with all new technology, new struggles will arise and the transportation industry will be looked at to develop new and improved ways to navigate these roadblocks. Not all technology is built to help trucking companies make money; some is designed to keep others on the road safe

TRANSPORTATION & DEALERSHIPS SERVICES GROUP

RubinBrown assists the transportation industry through accounting, income tax, retirement, estate and benefit planning. For more information, visit www.RubinBrown.com/Transportation .

John Butler, CPA, CGMA Partner-In-Charge Transportation & Dealerships Services Group 314.290.3333 john.butler@rubinbrown.com

Aaron Pollard, CPA, CGMA Manager & Vice Chair Transportation & Dealerships Services Group 314.290.3457 aaron.pollard@rubinbrown.com

Fall 2017

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