Compliance is becoming a growing priority for U.S. logistics businesses, however smaller fleets are falling behind compared to larger fleets for dash cam adoption, according to Tech.co’s latest survey data.
“The compliance gap we have identified in our research sets a worrying precedent, where larger firms are able to accelerate ahead of smaller ones that don't share their resources. Those firms that are struggling to comply financially could find themselves in a vicious cycle, where penalties financially impact their ability to grow, widening the gap further,” says Tech.co’s editor Jack Turner.
Key takeaways:
· This data clearly shows that fleets’ ability to acquire and effectively use new technologies often depend on size. While larger fleets have seen 56% adoption of dash cams, smaller fleets are behind at just 24%.
· The percentage of logistics companies prioritizing regulatory adaptations rose from 7% in April to 11% in August.
· Over half (58%) of logistics businesses said that they are focusing on safety and compliance requirements, a focus that is likely driven by stronger regulations in recent years.
· For smaller fleets, failing to meet these requirements can pose a direct risk to their license to operate, making compliance a critical challenge.
