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These are turbulent times. Upheavals, changes and unprecedented situations have been witnessed all over the world. Whatever your sector, you may have noticed major changes in the way your industry operates.
This is certainly true for the world of transportation.
In this article, we explore five major changes that the transportation industry has experienced – or is expected to experience – in recent and coming years. Importantly, we also explore how they may affect you and your business, or at least the way you travel and commute.
There are steps you can take to prepare by knowing about these five major changes. This may mean adjusting your budget, changing the way you drive, making changes to travel and commuting, or exploring ‘greener’ and more eco-friendly alternatives.
Circumstances may not be in your control – but the way you react to them is. Browse through these five major changes, be ready to adapt, and you will not only survive the changes, but learn to thrive in them.
Key Change 1: Environmentally Conscious Policy and Incentives
The environment is one of the most contemporary topics across a range of industries. More businesses than ever are aiming to address what experts are calling the ‘climate crisis’. This is being seen not only in business but also in national and international policy making.
Examples include things like the introduction of the popular Walk to Work, or Cycle to Work schemes, which are designed to reduce congestion and pollution on major roads, as well as encourage workers to improve their health.
More national or policy-wide examples include tax relief and incentives for businesses and individuals to buy only environmentally friendly cars – such as electric or hybrid vehicles which can be written off as a legitimate expense.
Other comprehensive transport policies with an eco-slant include the creation of cycle tracks and bike routes, as well as congestion charges and fees designed to reduce the use of non-essential transport – particularly those with high levels of pollution. in the regions.
It is expected that there will be more ‘aggressive’ or proactive environmental policies affecting transport in the future.
For all these reasons, and more, if you’re considering purchasing a car for your business, eco-friendly options have the best chance of fitting your budget and standing the test of time.
Key Change 2: Automation
One of the key changes that will impact the transportation industry to a great extent in the near future is automation. Whether through the use of robots and AI in manufacturing, engineering and administration, or even through the use of self-driving cars and autonomous vehicles, transportation is getting smarter.
Digital elements have been incorporated into nearly every new form of transportation, and are being relied upon for an increasing number of uses and responsibilities.
Many of us – and many businesses – are already fully familiar with and dependent on GPS tracking, for example, but in the future, it may become more futuristic and less populated by physical ones. Managing a fleet of drones for delivery or self-driving cars, for example, can reduce an entire working team to just one managerial person.
It may be years away, but it’s always worth exploring the small ways that automation and artificial intelligence can help you, your mode of transportation, or your transportation business thrive.
It can be as easy as using the software to log your business miles when you travel for work, to exploring fully automated delivery options, and much, much more.
Key Change 3: Limits and Fees
One of the most controversial recent changes in the transport industry has been the turmoil surrounding Brexit – ie the UK’s departure from the European Union. This could have a major impact on British imports and exports, and many are having difficulty fully understanding the changes.
Some of the key areas to be affected are increased levels of bureaucracy and ‘red tape’, potential shortages and delays of goods, higher prices due to increased levels of supply difficulty, and contentious border issues – such as Northern Ireland (which still remains has happened). in the EU single market for goods).
Overall, it is expected that it will not just Brexit that will affect transport In the coming years, however, many new border issues and tariffs may be imposed around the world.
The global marketplace is more volatile and competitive than ever, and the dramatic changes coming to the transportation industry are expected to reflect this.
Key Change 4: Rapid change in law
Until recently, changes to the law were often slow to review and even slower to take effect. But that’s starting to change.
Transport industry experts agree that there could be a wider review of some policies, approaches and laws in the coming years – and they are expected to come into effect faster than ever.
Laws may change the way we drive rules on hands-free phone use in cars, an increase in the car tax determined by the CO2 used by the vehicle (coming into effect in 2021), and new rules that allow motorists to videotap, take photographs, capture Will face fines and penalty points. or holding their device while driving.
Due to the rapidly changing nature of driving, transportation, and (especially) their intersection with technology, it is expected that laws and policy will be reviewed and enforced more rapidly than ever.
Stay up-to-date to avoid falling into the trap of a regulation you may not even be aware of!
Key Change 5: Remote Working
One of the biggest changes experienced by the transportation industry is increase in remote working,
But remote working is no longer just a response to national lockdowns or reduced travel during the global pandemic. It is also a massive change in the way we work and the way businesses operate.
Working remotely can reduce the amount of congestion and pollution on national roads. It can save time and money in commuting and connect workforces from around the world – regardless of their physical location. This is a complex issue with pros and cons, but will inevitably become a major discussion point in the contemporary transportation industry.
Whatever your background, you don’t need to be an expert in these subjects, but by having an appropriate level of awareness of these key issues affecting the transportation industry, you’ll be better prepared for the future!
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