Trucking companies, including auto transport companies, are switching the ways that their drivers drive their trucks. Auto transport trucks are changing the computerized governors in their trucks to help drivers slow down and save fuel, and some auto transport companies are even giving drivers extra money for getting better fuel economy. There are simple ways that auto shipping drivers can save fuel – slowing down and driving less high among them. Some auto transport drivers argue that requiring drivers to slow down will cause more crashes, but managers are countering by saying that it will save lives by having drivers slow down.
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According to Edmunds.com, both Honda and Ford top the list of cheapest cars to own. They calculated the rating based on 23 different categories, and both Honda and Ford have the lowest True Cost to Own (TCO). When calculating, Edmunds.com uses depreciation, interest on financing, taxes and fees, and other, lesser-known factors. The auto transport industry has seen a sharp increase in the number of new Honda and Ford vehicles being shipped from dealerships, and it looks like Ford really won\’t be going anywhere anytime soon.
Summer is here again and that means many more cars will be moving accross the country! Snowbirds are migrating!
Analysts are currently predicting that gasoline prices will hit $5.00/gallon by 2012, and with the way gasoline prices are currently, it may be a reality sooner than we think. This has major implications for the auto transport industry, as most of their overhead comes from gasoline costs – at $5.00/gallon for gasoline or diesel (which is also expected to rise in relation to gasoline prices), auto transport prices will see a huge increase – but that won’t be the only consequence to stem from higher gas prices. Analysts are predicting that SUV sales will plummet as soon as the prices hit $3.50 or more. The biggest thing is that there is a precedent for this buying behavior – in October 2008, when gas prices rose about $3.00/gallon the first time, SUV sales dropped considerably. The auto transport industry saw this as well, as the number of SUV’s being shipped at the time dropped incredibly.
Customers are mainly concerned with gas mileage; saving gas and spending less time (and money) at the pump is crucial for potential buyers. Dealers are also gearing up for the beating that SUV sales will be taking; inventory at many dealerships has transitioned away from SUV’s and toward smaller, more fuel efficient vehicles to maintain supply for consumer demand. Auto transport companies, too, are gearing up for more small vehicle shipments in preparation for high gasoline prices and adjusting their prices accordingly to cover their overhead costs. So, if you’re looking for auto transport, be prepared to start paying a bit more money as gas prices continue to increase.
The Federal Motor Carrier Safety Administration (FMCSA) has introduced their 2010 Comprehensive Safety Analysis 2010, which aims to improve truck safety for auto transport and other types of large hauling trucks as well as reduce crashes, injuries and fatalities related to auto transport and other large commercial vehicles. But this begs the question: what exactly are they planning?
Well, the FMCSA is looking at completely changing the way the auto transport industry works. Okay, maybe not completely, but there is a major factor that will play a major role in the way auto transport works: high speed rail lines are to be built across the United States, and the FMCSA is forecasting that commercial trucks aE" including major auto transport trucks aE" could be a thing of the past. Think about it: a train would be able to transport your vehicle at a fraction of the time for about the same cost as a major auto transport company today, all the while steering away from all the hazards that auto transport trucks tend to see on the roads aE" inclement weather, breakdowns, being too heavy at a weigh station aE" all that could be a thing of the past.
The plan is far from finished and it will take a long time for the United States to build all the new rail lines that they are planning on building, so the auto transport industry as it stands won\’t change much. However, if the FMCSA follows the advice of the United States Department of Transportation for the transport of vehicles, it very well could aE" instead of vehicles being transported by truck, they\’ll be transported by train, which would completely decimate the auto transport carriers that are currently operating. However, it is projected that completion of the proposed high-speed rail lines would be somewhere around 2030 aE" 20 years down the line. This may not seem too close, but for auto transport carriers (and brokers), it\’s just a matter of time.