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What would happen if truck drivers went on strike

What Would Happen If Truck Drivers Went on Strike?

Running a trucking company is rewarding, but challenging.  If the entire BYX team decided to call it quits and sell ice cream on the beach in the Bahamas, however, our customers would be less than thrilled. Just one trucking company hitting the breaks would be enough to slow down the daily operations of dozens of businesses. Imagine if truck drivers went on strike nationwide. 

Life as we know it would grind to a halt. To appreciate how important the logistics industry is to our economy, let’s look at the timeline. 

If truck drivers went on strike, problems would start within 24 hours 

Day One

Once truck drivers quit, it wouldn’t take long to start noticing the effects. Within one day, gas shortages would start. The most popular fuel stations need gas deliveries multiple times a day. They’d run out in just a few hours, leading to traffic-stopping lines at any station still stocked. 

Hospitals, nursing homes, and any other facilities that rely on medical supplies to function would be in immediate trouble. Although they’ve likely prepared for emergencies, they would still have to resort to extreme measures to conserve their remaining supplies. Syringes, catheters, and other products needed to save lives would be reserved for those in critical care. 

The manufacturing industry would also fly into a panic. Many manufacturers, like those in the tech industry, produce goods at the last minute to avoid making more than they can sell. Without any reserves to fall back on, they wouldn’t be able to continue production for long.  Read more

Logistics facts

Logistics Facts and eCommerce Stats Everyone Should Know

Did you know the biggest ship in the world could easily transport the Eiffel tower? It’s true, and some of the more practical logistics facts are just as intriguing. The logistics industry is huge, and life as we know it wouldn’t exist without UPS, Amazon delivery drivers, and companies like yours truly. 

The shipping industry is changing, however, and it affects every person who relies on shipping to do business. (Plus, the consumers who shop from them!) Whether you’re a shipper or a shopper, these logistics and eCommerce stats are handy to keep in mind.  Read more

Consumer spending trends

Consumer Spending Forecast: Expect Trends to Continue Until 2024

With 2023 around the corner, business owners are all asking the same question: As inflation continues, what does it mean for us? Consumer trend predictions through the end of 2022 and beyond suggest that consumer spending will remain high for some time. It’s good news, giving us time to prepare for the less predictable years ahead. 

Let’s look at the current consumer spending stats

While complete data isn’t yet available for Q4, monthly consumer spending is trackable. Retail sales through October were elevated 8.3% year-over-year. That figure includes gas and food, but even with those out of the picture, retail alone was up 7.5%. Of course, inflation changes those figures significantly. Adjusted for inflation, however, retail sales were still 0.5% higher than they were this time last year. Spending continues to hover at an almost unprecedented high. Read more

Things to be grateful for

7 Things to Be Grateful for This Holiday Season

The holidays are one of the busiest seasons for business owners and logistics professionals alike. It can be stressful, but there’s also a lot to celebrate. If this year’s holiday rush is stressing you out, take a breather and think about these seven amazing reasons to be grateful this year. 

1. Christmas shopping can be done from your couch. Who wouldn’t be grateful about that?

We’ve gotten so used to this one that we almost forgot how holiday shopping used to work. Black Friday was exclusively an in-person ordeal. Shoppers had to get up at the crack of dawn to camp out in front of Best Buy. There was a literal stampede at Walmart. If you wanted to get the best deals, you had to power through a day standing in line at the mall. Now, you can get the same deals while catching up on Netflix’s latest Christmas specials and snacking on leftover pie. Read more

BYX fleet

5 Things Every BYX Customer Should Know

A lot has changed since BYX was founded over 40 years ago. As times and technology have changed, we’ve changed too. In 2022, we went the extra mile to make sure we live up to our motto: Our goal is to make the lives of our clients easier, one steady shipment at a time. We update our technology and improve our training practices on an ongoing basis to continue offering our customers the best, least stressful logistics services in all of Southern California. 

For a quick recap, here’s what’s new at the end of 2022

More space, more warehousing options

  1. We have a new warehouse
    Our 100,000 sq. ft. racked warehouse facility boasts 32 ft clearance, 23 dock doors, state-of-the-art security cameras, and the latest tech to keep your valuables organized and safe
  2. We’ve updated our fleet
    With over 75 trailers and 45 power units, all with the latest tracking and safety tech, we can service more shipments in less time
  3. We’re offering more storage solutions than ever
    With all that additional space, BYX can now manage both warehousing and shipping needs all under one roof. Streamlined services simplify logistics for our clients, in addition to offering a more flexible and efficient shipping experience
  4. We offer cross docking, transloading, and devanning services
    The entire mission of BYX is to offer the most comprehensive logistics solutions possible. Our job is to make yours easier. In addition to offering fast, competitively priced shipping, we aim to streamline our customers’ supply chains and help their businesses succeed. Less turnover time and lower handling and storage costs are just a few of the perks.
  5. Our team has gone up a size
    With over 65 employees, including some key new managers, we have plenty of hands on deck to ensure reliable service around the clock.

Read more

Fluctuating supply and demand leaves capacity trends unpredictable

Trying to Predict Holiday Sales? Gauging Capacity Trends Is Even Tougher

All business owners are familiar with the rules of supply and demand. Few, however, realize how heavily trucking companies depend on supply and demand to function. We don’t blame them, either. With free two-day delivery becoming the norm, it feels like shipping just happens automatically. Most of us know that it’s more complicated than that, but just how much more complicated might surprise you. Predicting capacity trends is extremely challenging, and that’s particularly true in 2022. 

Freight Transportation Always Has Four Seasons

Market conditions have always influenced the trucking industry, from capacity to rates. Still, there’s usually some level of predictability. There are four seasons in the logistics work. You have:

  1. The Quiet Season (January – March)
  2. The Produce Shipping Season (Produce Shipping Season (April – July)
  3. The Peak Shipping Season (August – October)
  4. The Holiday Shipping Season (November – December)

Read more

Freight fraud

Freight Fraud Is a Real Problem. Here’s How to Avoid Scams

Scams are rampant across all industries, and the logistics industry is no exception. BYX has dealt with fraud more than once, and freight fraud can be devastating for smaller organizations. Fraud is so common today that many corporations have entire departments dedicated to fraud detection. For those who lack the resources to follow suit, there are easier ways to spot a scam before you fall prey to it. 

The Most Common Freight Fraud Situations

Identity Theft
Identity theft is the oldest scam in the book. There are a few ways in which this occurs in the shipping industry. Some scammers pretend to be trucking companies and prey on shippers or brokers by picking up freight and fleeing. Others request fuel advances and vanish. 

Another common method of identity theft happens entirely online. Scammers design fake websites that look similar to legitimate shipping sites. Shippers assume its the real one, provide their payment details, and lose thousands. Always doublecheck a website’s URL. If it’s not identical to a legitimate company’s name, consider it a red flag. If the URL ends with the name of a free hosting site, like .wix or .hubspot, run. If a company is legitimate, they can afford their own domain name.  Read more

Trucker protesting AB 5 law

Big News: The Controversial AB 5 Law Now Applies to Trucking

Back in 2019, a bill was proposed called the AB 5 independent contractor law. It was intended to regulate companies that hire massive numbers of gig workers, like Uber and DoorDash, but when the law went into effect on January 1, 2020, it radically changed worker classifications.

Millions who were previously defined as independent contractors are now considered employees. While the trucking industry was previously exempt from AB 5, the Supreme Court’s recent ruling changes everything. Now, the law applies to trucking too, sparking industry-wide frustration. 

No Buts About It: The AB 5 Law Is Bad for Trucking (But not BYX)

Now that AB 5 impacts all 1099 truck drivers, the majority of trucking companies will be impacted. 

The law states that to be classified as an independent contractor, three conditions must be met: 

(a) The worker is free from control and direction in the performance of services; and

(b) The worker is performing work outside the usual course of the business of the hiring company; and

(c) The worker is customarily engaged in an independently established trade, occupation, or business. Read more

Rising insurance costs

Rising Insurance Costs and What It Means for Trucking

The past few years haven’t been easy for the trucking industry. In addition to the supply chain crisis that was made drastically worse by the economic impact of the COVID-19 pandemic in 2020, we’ve also faced a persistent driver shortage, rising gas prices, an automation evolution and shifting client expectations. While fleet owners have been scrambling to find solutions to all of that, insurance costs have crept up in the background. Rising insurance costs has now become so substantial that ignoring it is no longer an option.

Over the past decade, insurance premiums have risen by 47%

The latest report by ATRI, the American Transportation Research Institute, found that insurance premium costs per mile increased by nearly half over the course of a decade, rising from 5.9 cents to 8.7 cents. Insurance rates also fluctuate substantially. Fleet owners hop on an unpleasant roller coaster ride when it’s time to renew coverage each year.

The last four years have been especially challenging. Between 2018 to 2020, virtually all motor carriers saw substantial rises in insurance costs. Despite efforts to improve safety and lower risk, insurance premiums continue to creep up. Read more

Pallets stacked

Freight Shipping 101: How to Pack a Pallet

When you’re shipping freight, there are so many moving pieces to worry about– Literally. Choosing a reputable logistics company like BYX is a great start, but carriers are responsible for transporting freight from point A to point B, not to prepare it for the road ahead. Carriers are in control of many factors, like properly packing the truck and not driving off the road. Nevertheless, freight can and does shift during transport. The best way to secure your freight and protect it from damage is to learn how to pack a pallet properly.

What Is a Pallet?

Pallets are nothing more than rigid platforms designed to secure and consolidate shipments. Pallets serve a few purposes, including: 

  • Keeping multi-piece shipments together
  • Making it easier to load and unload freight
  • And maximizing cargo space in the trailer

 

Most importantly, pallets help protect your cargo by minimizing movement. To help ensure your freight arrives in one piece, free from dents and dings, learning how to pack a pallet is a must. Fortunately, it’s not that hard to master. Read more