Can fleet tracking save money?

GPS fleet tracking can save you money. And there are fleet tracking benefits beyond just being able to locate your assets 24/7. Let us take a closer look at the benefits of fleet tracking.

Reduced speeding

Tracking your vehicles with GPS enables you to deal with repeated incidents of speeding. You can reduce the risk of accidents, save on fuel, lower your insurance rates, and help your drivers avoid blemishes on their driving records. Our tracking systems complete records of driving speed for every moment of operation.

Reduced Fuel Costs

GPS fleet tracking can reduce fuel costs by:

Reducing speed (and reducing the pressure to speed to make delivery times)

Lowering overall idle time

Providing better routing for drivers

Allowing for timely vehicle maintenance

Reducing unauthorized driving and vehicle operation

The average operating cost of operating a vehicle is always going high. A company can reduce at least twenty-five miles per week for each vehicle with a GPS Tracking System.

Validated Service Calls

Our comprehensive GPS tracking system can tell you briefly when your vehicles arrive at their destinations and how long they stay on a delivery or service call. With a clear digital record, there is no more guesswork.

More Accurate Billing and Cost Allocation

GPS creates a digital record of time on the road, miles traveled, speed, and route used by your operators. Fuel and operator costs for each job can be generated automatically.

Reduced Delays

Our tracking software will alert you to an operator going off a designated route or staying idle too long. You will know when your operators take your vehicles to unauthorized locations.

Lower Insurance Rates

Insurance companies offer discounts of up to 35% for vehicles equipped with telematic GPS tracking.

Increased Efficiency

A good rule of thumb for the benefits of GPS tracking is the completion of at least one additional load or job per vehicle per week.

No More Paper Logs

You eliminate driver error and lost data—not to mention hundreds or even thousands of hours for operators doing paperwork— when you go with automated GPS tracking. Digital records eliminate transposed numbers, forgotten entries, and arithmetic errors.

Better Customer Service

When you know where every vehicle is always, you can respond to customer inquiries accurately and immediately. You and they will save time, money, and hassle.

By knowing where your vehicles are always on a real-time map, dispatchers can easily send the nearest vehicle when a new job arises. This saves both money and time.

Driver Monitoring

Your GPS fleet tracking system can be set up to flag suspicious operator activity and immediately allergy managers by cell phone when operators speed, slam on the brakes, drive erratically, or stray off course. You can monitor door locking and unlocking, seatbelt use, and vehicle alarms. You will be able to start vehicles remotely, even from your dispatch center.

Driver monitoring helps you detect side jobs. It helps you respond to theft and hijacking faster to protect your drivers and recover your property.

Reduced Overtime

A good rule of thumb is that GPS tracking saves you about one hour of overtime per driver per week.

Eliminating Disputes

When you have a digital record of speed, route, stops, arrival times, and departure times, you have solid evidence that is not easy to dispute. Digital records are not subject to human error, and they contain more information than handwritten logs. Operators who know they are being monitored are more careful about their driving.

Improved Bottom Line

Idling causes about twice as much wear and tear on engines and drive trains as road driving. Reducing idling reduces maintenance costs. The average truck burns about eight hundred gallons of fuel a year while idling. You can reduce this cost with a GPS tracking system.

Each mile per hour over 50 mph increases fuel consumption by about 1.5 percent. Eliminating driving over the speed limit can save thousands of dollars per year. Wear on tires doubles on-road speeds of 70 MPH or greater.

How much does fleet tracking cost?

The upfront and subsequent costs of setting up a tracking system will naturally vary from company to company, depending on the size of your fleet and the quality of the technology. The most basic form of GPS, while cheaper, will only give you the basic benefits of real-time monitoring: location of your trucks, their speed, and direction.

The more expensive arrangements will give you all kinds of additional information: fuel levels, driver behavior, mechanical conditions, traffic updates, and more.

Stanley Rozario

Author of the post.

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