Trucker Path tackles trucking’s parking problem

Trucker Path recently expanded its truck parking solutions to include more than 50,000 reservable truck parking spots in its Trucker Path app.

Now, in addition to providing access to free parking availability, Trucker Path is offering its more than 1 million app users the ability to reserve overnight and longer-term parking throughout the U.S., the company reported.

Powered by a network of over 1 million active users and tens of millions of real-time user-generated data points, the platform has historically relied on crowd-sourced insights to help drivers locate available free parking. The addition of reservable, paid parking continues the company’s efforts to ensure truck drivers are able to efficiently locate safe and secure parking.

“The U.S. faces a severe truck parking shortage, with availability estimated at one parking space for every 11 trucks on the road,” Trucker Path CMO Chris Oliver said in a news release. “The need for easily discoverable, secure, verified parking locations is mission critical. In addition to continuing to provide free parking availability at thousands of locations across North America, our new reservable parking network gives drivers and fleets the ability to reserve overnight and long-term parking directly within the app at more than 50,000 spots at professionally managed, secure locations.

“Going forward, we will continue to grow the number of locations until we've achieved national coverage.”

Reserved parking offers excellent value for truckers and the fleets they drive for, Oliver noted. Based on data from the American Transportation Research Institute, drivers spend an average of about 56 minutes per day searching for parking at a cost of six to seven hours per week in lost productivity. That equates to $4,000 to $6,000 annually per driver in lost revenue potential.

“Adding 50 minutes of drive time a day more than pays for the $20 average per reservation cost of a reserved parking spot,” Oliver said. “No matter how you do the math, 50 productive minutes equals about 40 more miles per day, so the ROI is immediate.”

Through predictive analytics based on historical utilization and time-of-day patterns, Trucker Path will enable access to bookable parking, giving drivers certainty and improving their quality of life. Reserved parking also improves safety for drivers and loads because cargo theft continues to rise and freight is increasingly targeted during unsecured dwell times, Oliver maintained.

“Reserved parking through Trucker Path has really improved how we monetize our yard space,” Realize Mobility CEO Cody Horchak said. “We’re already seeing higher utilization, better customer quality, and predictability.”