Fleetowner Com Sites Fleetowner com Files Uploads 2013 03 Fuel2

Cyber fears and fuel prices haunting business leaders

March 5, 2013
It’s interesting, to say the least, to discover that truckers and the broader business community share some fears in common – especially when it comes to the high price of fuel.

Indeed, a new survey conducted jointly by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA) polled 550 global business and finance leaders and found the majority identified rising fuel costs, cyber-security and the emergence of digital currency as key factors driving change across the globe – as well as fanning the flames of worry.

The survey, Drivers of Change in the U.S., shows that an increased reliance on the internet for business and finance activity is fueling fears of exposure to cyber-attacks on U.S. companies, with 75% of senior executives and finance professionals polled by ACCA and IMA identifying cyber security as a major concern now and in the near future.

[In fact ACCA said it recently held a symposium in New York City devoted solely towards dealing with the cyber threat.]

Rising fuel and energy costs were also a concern for U.S. businesses in the short term, the two groups discerned, with 78% of senior executives and 80% of accountants identifying it as the most important factor for their future plans in the report.

Just goes to show that trucking’s concerns are perhaps shared more broadly than many in the industry might think. 

About the Author

Sean Kilcarr 1 | Senior Editor

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!