Currently, with the COVID-19 pandemic, there is a considerable demand for the services of liquid bulk carriers and food transportation providers. Trucking companies, carriers, owner-operators, and truck drivers are operating at peak capacity. As a result, there is a dire need for increasing demand for drivers. Also, climate change has had both positive and adverse impacts on the industry. Here the market needs sustainable and more efficient operations, as well as alternative fuel sources. Take a look at how the current trends of the liquid food grade product packaging and liquid bulk transport in the trucking industry.
Sustainability in Bulk Container Packaging
While there is a negative environmental impact with the overuse and dependence on diesel fuel and the production of diesel emissions, electric trucking technology has provided a respite and viable solution. The SmartWay Program was started by the Environmental Protection Agency (EPA) decades ago and now contains thousands of active participants. Liquid cargo trucking companies of all sizes across the country have signed the SmartWay pledge and are taking part. This includes reducing dependence on diesel technology and retrofitting equipment for fuel savings in trucks over the road.
Besides, bulk containers are also being used for packaged products rather than depending on exporting and importing food and beverage products. In order to maintain a sustainable market, there is a prime focus on reusing bulk containers whenever possible, to reduce strain on the environment. This also saves shipping customers money through the savings in repurposed packaging materials. Reusing containers also improves the carbon footprint of a liquid transportation company. If you are a fleet interested in going green, the use of reusable liquid transport containers is a leading solution.
Alternative Fuel Technology
As for sustainability, there is an increasing number of alternative fuel technologies in the market and on the verge of the markets. We are seeing more vendors picking up electric battery-powered fuel cells and natural gas as the primary mode of alternative fuels. We have yet to see the Tesla Semi or the Nikola One come across the mass markets. However, both are still up and running with Nikola going public in 2021 and expected to go full steam with electric truck market production.
Right now, the liquid transport services bulk market is getting onboard with electric power using short-range trucks. These will operate with approximately a 300-mile range, which is suitable in less than a Class 8 tractor truck. However, the market is waiting for Nikola and eventually Tesla to come up and get on with their electric Class 8 trucks. These are the big rigs that are ready to run for a long enough range for an OTR trucking route, which is more than 400 miles. When this happens, you want to be ready to upgrade your fleet with the right electric truck technology.
Intermediate Bulk Containers
Bulk container packaging, as a part of liquid cargo transport services, is predicted to show a solid growth by 2024. The MarketWatch reports on the bulk container packaging market inclusive of intermediate plastic containers. This market is expected to have a compound annual growth rate (CAGR) of 9.87 percent from 2019 to 2024. The value of the market is further expected to reach USD 5.83 billion up from 3.32 billion in 2018. Global bulk transportation is in heavy demand, thanks to the volume of products and supplies shipped.
Container costs are one of the most desirable qualities of bulk container packaging solutions for globalization. Plastic, yet durable containers offer a lightweight and economical option. As a result, there has been an expansion in companies supplying these containers, including Grief, Inc. of Texas, which makes drums and IBC segments.
Electronic Logging Devices
In December 2019, the electronic logging device mandate was finalized, including those grandfathered in with automatic onboard recording devices (AOBRDs). As a result, all liquid bulk transporters are now required to use electronic logging devices (ELDs) to maintain hours of service records.
To make sure your carriers are using the right e-logging device, check out the Federal Motor Safety Carrier Administration (FMCSA) ELD site. Every manufacturer is required to self-certify ELDs before making them available for purchase. Failure to maintain an electronic logging device in each of the trucks in your fleet can lead to noncompliance with the Department of Transportation (DOT) inspections.
Finding the Right Liquid
If you want help with everything from ELD mandates to choosing the right tractor-trailer for your liquid bulk transportation needs, let us help. We are a leading provider of load tracking services for liquid transport trucking companies. We find the most economical load rates for your freight. In addition, we offer assistance with back-office services, so your company and drivers are compliant.
Our clients include liquid food-grade product shippers domestically searching for liquid food bulk transportation fleet providers and loads. We also work with carriers involved directly with hauling liquid bulk freight in the food, beverage, and chemical industries in the US. Let us help you find the right liquid bulk shipping containers for your shipping needs.