Trucking dispatch software can make the day-to-day responsibilities of fleet owners much easier to manage. Small and midsize freight carriers have high standards for meeting shipping deadlines, particularly in industries that are experiencing rapid growth. Maintaining the timeliness of deliveries depends on the ability to coordinate logistics between manufacturers, customers and any other stakeholders involved in the ground transportation process.
Automated technology will be most useful for firms that are closely involved with the relatively rapid expansion of manufacturing in the U.S. While domestic production of goods took a hit during the previous decade, various signs have pointed to a substantial comeback in recent years. Much of this activity has a direct impact on businesses that manage heavy-duty vehicles. The global business intelligence organization IBISWorld recently released an update to its report on the engine and turbine manufacturing industry, which revealed years of steady recovery from the Great Recession have more than made up for previous losses. The study found revenue for the industry, which produces diesel engines and turbines for power generators, dropped nearly 27 percent in 2009. However, by 2011, total income climbed back 27.5 percent due to investments in industrial machinery.
Recovery brings good news for multiple industries
Commercial carrier businesses and the engine and turbine manufacturing sector are closely related. Specifically, heavy-duty trucks depend on the very diesel engines these producers make, meaning steady shipping activity in other industries will increase demand in the long run.
"As one of the industry's largest customers, increased freight-trucking leads to more sales of diesel engines," IBISWorld analyst Stephen Morea, stated in a press release.
Similarly, increased production of engines and turbines will also boost demand for ground transportation. Trucking is often a reliable and relatively affordable method for moving heavy machinery between manufacturing warehouses, shipping depots and other locations. Because of this mutually beneficial relationship, the current forecasts for growth in U.S. manufacturing bode well for the future.
According to IBISWorld, by the end of 2014, turbine and engine industry revenue will have grown at a steady rate of 8.2 percent per year since 2009. Other manufacturing sectors are also doing well. The latest "Texas Manufacturing Outlook Survey," revealed production activity within the state grew for the 10th consecutive month in February, when the index climbed to 10.8 from 7.1 during January. The Federal Reserve Bank of Dallas reported that statewide employment has also increased substantially.
These findings suggest trucking companies will continue to experience a boost in daily activity throughout 2014. However, fleet owners must make sure they are fully prepared to meet the demands of their customers by investing in high-quality truck dispatch software. This technology increases business efficiency by making it possible to accurately schedule and complete shipping assignments without interrupting other aspects of the firm. Managers will be able to maintain profitable operations and even maximize the potential for revenue during this period of nationwide economic recovery by using software to automate the dispatch process.