ILMA Compoundings March 2018 - 26
"A lot of the best drivers are those with 20 or 30 years of experience, and they
are looking at retirement."
warehouse and it doesn't have basic needs - a driver room,
for instance - that also affects capacity."
Efficient scheduling is key. "A driver needs to be able to
deliver one load and pick up another immediately. We need
to make sure that drivers are in and out within two hours. If
you hold drivers up longer than that, it affects their hours of
service and pay, and that hits their bottom line."
What is going to make a difference down the road?
"Tesla is a fascinating story," Meneses said. "It has come
up with an electric truck that is going to revolutionize the
market. Tesla's electric trucks are not only going to be able to
take an 80,000-pound payload, but also go from zero to 60
mph in 5 seconds. That is just huge."
He says some trucking companies have already placed
their orders for electric trucks. That is going to help the
market, shippers and carriers because it will affect companies'
The 'Amazon Effect' on Logistics
Technology is continually changing
businesses practices around the world.
Everything is faster and more efficient
and, hopefully, more effective. The
one company that has led the charge
is Amazon, which has undoubtedly transformed the way business is
conducted in the global economy.
Consumers are increasingly flocking to
digital shopping outlets to buy products
rather than hopping down to tangible,
brick-and-mortar retail stores. And
it doesn't stop there. This ongoing
transition into a more tech-oriented
26
MARCH 2018
| COMPOUNDINGS | ILMA.ORG
world - now more commonly known
as the "Amazon Effect" - is disrupting
almost any industry you could think of,
including lubricants.
One area within the lubricants
industry that has seen major changes
resulting from the "Amazon Effect" is
shipping, particularly trucking. More
online orders means more drivers
are needed to deliver those items.
According to a 2012 American Truckers
Associations (ATA) prediction, the total
population of U.S. trucks will increase
26 percent by 2023. On top of that, the
http://www.ILMA.ORG
ILMA Compoundings March 2018
Table of Contents for the Digital Edition of ILMA Compoundings March 2018
LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
IS A JOINT VENTURE THE ANSWER?
WHERE’S YOUR INVENTORY?
SPEAKING YOUR LANGUAGE
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings March 2018 - Cover1
ILMA Compoundings March 2018 - Cover2
ILMA Compoundings March 2018 - 1
ILMA Compoundings March 2018 - 2
ILMA Compoundings March 2018 - LETTER FROM THE CEO
ILMA Compoundings March 2018 - INSIDE ILMA
ILMA Compoundings March 2018 - 5
ILMA Compoundings March 2018 - 6
ILMA Compoundings March 2018 - 7
ILMA Compoundings March 2018 - 8
ILMA Compoundings March 2018 - 9
ILMA Compoundings March 2018 - WHAT’S COMING UP
ILMA Compoundings March 2018 - 11
ILMA Compoundings March 2018 - INDUSTRY RUNDOWN
ILMA Compoundings March 2018 - In the Know
ILMA Compoundings March 2018 - International Insight
ILMA Compoundings March 2018 - 15
ILMA Compoundings March 2018 - 16
ILMA Compoundings March 2018 - 17
ILMA Compoundings March 2018 - Market Report
ILMA Compoundings March 2018 - 19
ILMA Compoundings March 2018 - IS A JOINT VENTURE THE ANSWER?
ILMA Compoundings March 2018 - 21
ILMA Compoundings March 2018 - 22
ILMA Compoundings March 2018 - 23
ILMA Compoundings March 2018 - WHERE’S YOUR INVENTORY?
ILMA Compoundings March 2018 - 25
ILMA Compoundings March 2018 - 26
ILMA Compoundings March 2018 - 27
ILMA Compoundings March 2018 - 28
ILMA Compoundings March 2018 - 29
ILMA Compoundings March 2018 - SPEAKING YOUR LANGUAGE
ILMA Compoundings March 2018 - 31
ILMA Compoundings March 2018 - 32
ILMA Compoundings March 2018 - 33
ILMA Compoundings March 2018 - BUSINESS HUB
ILMA Compoundings March 2018 - 35
ILMA Compoundings March 2018 - COUNSEL COMPOUND
ILMA Compoundings March 2018 - 37
ILMA Compoundings March 2018 - 38
ILMA Compoundings March 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings March 2018 - Member Connections
ILMA Compoundings March 2018 - 41
ILMA Compoundings March 2018 - Cross Connections
ILMA Compoundings March 2018 - 43
ILMA Compoundings March 2018 - PORTRAIT
ILMA Compoundings March 2018 - Cover3
ILMA Compoundings March 2018 - Cover4
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