The importance of commercial vehicle tracking in fleet management
Commercial vehicle tracking is of prime importance in a decade where fast shipping has become the norm for transporters and customers across the globe. The inefficiency in operations arises due to the lack of data in real-time. According to a study, 60% of companies are unaware of the possibilities for fleets in improving operations with the use of rich data (Source: G2 Tech Marketplace). A GPS for commercial vehicle tracking will help to monitor and control the fleet remotely using real-time data.
How does a commercial vehicle GPS system optimize performance?
Fleet and driver safety, efficiency and cost reduction are major concerns with regard to fleet operations. There are numerous benefits of a commercial truck GPS. A commercial vehicle GPS system helps to improve productivity, prevent potential accidents and reduce operational costs.
According to a study conducted by Verizon Connect, 49% reported improved productivity after implementing GPS fleet tracking in 2018. Moreover, in 2019, an average of 8% drop in fuel cost was reported by the users of fleet tracking technology. In 2020, 32% of businesses achieved a positive ROI in less than a year by using GPS.
What are the common features of a commercial truck GPS?
Commercial truck GPS includes multiple features to enhance productivity and safety including monitoring fuel consumption, driver behavior, engine on/off alerts, engine cuts, geofencing, anti-theft alarm and accurate ETAs.
Interestingly, integrating commercial vehicle GPS systems with telematics provides additional data including predictive maintenance alerts, identifying harsh braking conditions, idling and other metrics. However, only a minority of fleets use their telematics solution to track idling (37%) , harsh braking (33%), maintenance (32%) and fuel usage (30%), all important factors in safety and cost savings (Source: G2 Tech Marketplace).
3 commercial vehicle tracking features you need for your fleet
- Access: Gain remote access to your vehicles and gain visibility into their current location at any time. Set boundaries for each vehicle, update limits as needed, monitor driver performance with tracking reports on every trip with a GPS for commercial vehicle tracking.
- Analytics: Make data-driven decisions with real-time reports to gain valuable insight into key metrics such as fuel consumption, speed, and distance traveled. This feature in the commercial vehicle GPS system gives you the power to access comprehensive information regarding vehicle performance.
- Alerts: Keep your commercial trucks safe with the anti-theft alert, engine on/off alerts, parking alerts, zone alerts, speed alerts, accident alerts and similar fleet-related notifications on the commercial truck GPS app.
Let’s Wrap Up!
Fleet management requires real-time visibility for efficient operations. Installing a GPS for commercial vehicle tracking helps to improve productivity, enhance safety and reduce operational costs. Though there are a number of features in commercial truck GPS, the best commercial vehicle GPS system should include access, analytics and alerts in order to be efficient.
Axlerate is a unified logistics management platform to unify all fleet-related operations and expenses. Our solutions help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services.