Emerging Truck and Trailer Industry Trends

Many of the innovations and trends taking place in the truck and trailer industry may seem just like science fiction. It is simply the progression of time. Those who do not change with the times will be left behind as a result. It is important to stay on top of the latest news and changes taking place in the trucking and transportation industry.

The Innovation of Numerous Products

In the trucking industry, declining profits and small margins have created tremendous pressure. This was likely brought about by unpredictable consumer demands, fluctuating fuel prices, and economic downturns. We must do what we can to keep ownerships total costs low. This is where innovative products come in, which are built to optimize costs for efficiency.

Cost optimization initiatives in the manufacturing process and on products means that manufacturers can invest R&D savings into technologies that are more advanced. They also, in a competitive market, improve pricing.

Where parts and components are concerned, alternative materials are being used. They are also being utilized for internal structures such as racks and shelves. In the commercial trucking industry, this is a far more lucrative option. Improved fuel economy and substantial cost savings can be realized by the use of lighter material. This will have a direct effect on overall cost reduction.

Safety and the Environment

Urban area goods transportation shows no sign of lessening with many individuals relocating to cities. It is likely that this has a lot to do with a higher demand for vehicles with no noise, and no or lower emissions. It is, of course, also based on a city’s permissible limits.

The emerging market entry is another factor. Manufacturers are facing a number of regulations while looking for quick growth economies for expansion. But regulations vary all across the planet. The stringent environment safety norms and emission regulations mean that truck manufacturers have to constantly sink money into R&D in order to reduce emissions and improve fuel efficiency.

Electric vehicles, hybrid technologies, and alternate drive systems are the key to creating trucks that are cleaner, have emissions that are reduced, provide increased net savings, and lower fuel consumption.

Automation and Robotics

Automated fuel technologies optimize operations, improve safety, and save on fuel costs. Though the public may see them as dangerous, driverless trucks are actually being developed as you read this.

New innovations are being driven by advanced vehicle automation systems coupled with artificial intelligence.

Digitization

Old schoolers can no longer deny the existence nor the benefits of digitization. Across the whole supply chain ecosystem, integrated connectivity of trucks is being offered by telematics, cloud services, and similar advanced technologies’ deployment. Improved driver safety, increased productivity by determining predictive maintenance, and advanced vehicle monitoring are all now possible. This improves efficient operations management through digitized systems that capture real-time data.

Mickey Genuine Parts deals in a multitude of tractors, trailers, trucks, equipment, and parts. Whether it is new or used, Mickey stands behind everything they sell. Don’t be fooled by cheap imitations – they simply can’t compare in reliability, consistency, or quality. We have our finger on the pulse of the transportation industry that is constantly changing. Check us out today to see what Mickey can do for you and your transportation needs?