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The_One_Permanent_Benefit_to_Truckers_from_COVID19
November 27 2020

The One Permanent Benefit to Truckers from COVID-19

TopMark Funding Business, Commercial Trucking, Coronavirus, News 0

Coronavirus news has been taxing since April. Nonstop news of infection rates, layoffs, cancellations are all very difficult for which to manage. You might be tired of wearing a mask and may have cheated once or twice by not wearing it at the diesel pump. In spite of everything that has happened this year, there may be one tangible benefit that will pay dividends to truckers for many years to come: less traffic on the highway. Not just for the past few months, but well after the distribution of the vaccine.

Remote Working Revolution

According to an analysis of U.S. Census and Bureau of Labor Statistics data by FlexJobs, a job-search site, and research firm Global Workplace Analytic, the number of remote workers increased by 159% between 2005 and 2017. This was a growth rate of around 8.25% annually.

The coronavirus pandemic’s lockdowns kicked this into overdrive. Working from home was no longer a luxury of those who were proven to drive exceptional results, but a necessity on the part of many office-oriented businesses to keep afloat.

When the pandemic ends and offices are back open, some people might not come back. Workers will be used to rolling out of bed into work, lower car insurance premiums, and the ability to walk their dogs during their lunch break. The benefits of remote work also apply to management: with fewer people in the office at any given time, companies can save on renting office space.

Indirectly, workers in the trucking industry benefit immensely from the line of dominoes that COVID-19 has knocked down. The effects will be most notable right after sunrise and during sunset, as more people working from home means fewer cars on the road.

Less traffic yields many quality-of-life improvements for truckers, including fewer accidents and less time spent in traffic. With an overwhelming majority of truckers paid by the mile rather than hourly, lighter traffic ultimately means a larger check at the end of each pay period. It may take some time before this benefit for truckers overtakes the problematic job losses occurred in April, but it eventually will happen.

Conclusion

The long term numbers of what percent of Americans work from home full-time after the pandemic can obviously only be measured after the pandemic. Statista claims that the percentage of full-time employees working from home jumped from 17% to 44% at the peak of the pandemic. While there is next to no chance the number will stay that high after the vaccine (or even if it is that high now), it is highly likely the number will stay above 20%

Employees can work in their pajamas, companies will save on office supplies, and truckers have fewer obstacles on the road; everyone wins!

CORONAVIRUS [COVID-19] UPDATES AND ARTICLES

  • Trucker’s Guide to When Every State is Reopening
  • FMSCA Extends Hours of Service Relief Declaration
  • How Truck Drivers Can Keep Their Cabs Clean During COVID-19
  • International Roadcheck Delayed Over COVID-19 Fears
  • Pennsylvania Reopens (Some) Rest Stops
  • Truck Dealers Seek “Essential Status”
  • Navistar And Paccar Halt Production
  • Mack And Volvo Suspend Truck Production
  • Fmcsa Expands Its COVID-19 Response

#THANKATRUCKER

ABOUT TOPMARK FUNDING

TopMark Funding is a top-rated semi-truck financing and equipment financing company located in Roseville, CA. We specialize in commercial trucking and heavy equipment. Our mission is to become your long-term financial partner by helping you grow your trucking business and fleet.

We’re not here for the short-term, we’re on the long-haul with you!

We have financing options for semi-trucks, commercial trucks, trailers, and small businesses. We have great rates, low down payments, and flexible monthly payments regardless of credit history.

Learn more about Semi-Truck Financing

Fill out the contact form or give us a call at (866) 627-6644. One of our truck financing specialists will contact you as soon as possible to go over your truck lease needs and learn more about you and your business financing goals.

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