ELD Mandate Raises Freight Costs Strains Supply Chains
The Electronic Logging Device (ELD) mandate may lead to a 10%-20% increase in trucking rates, causing higher supply chain costs and potential capacity shortages. The Owner-Operator Independent Drivers Association (OOIDA) has raised privacy and rights concerns about the regulation and challenged its legality. Businesses need to plan ahead, optimize transportation networks, strengthen carrier relationships, and explore alternative solutions to address these challenges. Proactive strategies are crucial to mitigate the impact of the ELD mandate on freight costs and overall supply chain efficiency.
