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gps for commercial vehicles

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4 ways a commercial vehicle GPS system can help you reduce fleet management costs

What you need to know about fleet management costs in logistics? In the Logistics sector, managing fleet operating costs is an essential undertaking as funds must be disbursed by logistics owners, fleet managers and truck drivers throughout every stage of shipment delivery. Moreover, increasing costs is a major challenge. A survey conducted by Verizon Connect revealed that 44% of fleets rated increasing costs as a top challenge to daily fleet operations. However, there are effective strategies to reduce operational costs including commercial vehicle tracking using a commercial vehicle GPS system.  How can you reduce fleet operating costs with effective strategies? Reducing fleet operating costs can be possible with effective fleet management strategies that can be done manually or digitally using fleet-related technologies. Some of the ways to reduce fleet operating costs include route optimization, driver behaviour monitoring, preventive maintenance, increasing fuel efficiency, truckload optimization, avoiding unnecessary idling, enhancing driver and vehicle safety to avoid insurance costs, using telematics technology and a commercial vehicle GPS system. Why is GPS tracking the best solution for fleet cost management? Lack of visibility is the driving factor for higher fleet operating costs as the vehicles are off premises and proper monitoring or communication is not possible between logistics owners, fleet managers and truck drivers. Therefore, real-time information is crucial for efficient management of fleet operations and expenses. There are a number of benefits of commercial truck GPS including commercial vehicle tracking in real-time for more productivity and cost reduction. The Fleet Technology Trends Report from Verizon Connect reveals that GPS tracking users across all industries decreased fuel costs by an average of 8%. Users also saw an average decrease of 11% in accident costs, and a decrease in overall labor costs of 10% in 2020. Thus, GPS for commercial vehicles is comparatively the best solution for reducing fleet operating costs.  4 ways a GPS tracking device reduces fleet operating costs? Let’s Wrap Up! Fleet expense management is a tedious process and fleet managers, truck owners and drivers struggle to reduce operational costs. While there are a number of strategies to cut costs, it is most effective to buy commercial vehicle GPS system that can reduce fuel, accident, maintenance and additional costs associated with fleet operations.  Axlerate is a unified platform for Logistics and transport management, payments and services. 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.

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GPS for commercial vehicle tracking: 3 features you need for your fleet

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 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.

Image of a GPS device installed in a vehicle

What you need to know about GPS for commercial vehicles?

Why is fleet tracking the solution to your transportation problems? Logistics owners, fleet managers and truck drivers regularly face the problem of inadequate visibility, which leads to operational inefficiencies from being unable to keep track of their fleets or communicate with truck drivers instantly in real-time. Lack of visibility leads to delays in the delivery of shipments, increased fuel consumption because of driving patterns and might also cause accidents owing to inefficient routes. However, commercial vehicle tracking provides an ideal solution. There are a number of benefits of GPS for commercial vehicles that help to improve productivity, safety and reduce operational expenses.  The Verizon Connect 2022 Fleet Technology Trends Report reveals that 42% of those surveyed experienced better routing, 46% increased their productivity and 48% improved customer service with GPS for commercial vehicle tracking. How does a commercial vehicle GPS tracking system work? A commercial truck GPS is attached to a vehicle and connects with a network of satellites to identify precise locations with remarkable accuracy. Through the installation of a commercial vehicle GPS system, you can not only keep track of your vehicles but also identify issues such as speeding or idling which affects the productivity and safety of your fleet. In some cases, you can also control and restrict truck movement to prevent theft or accidents in inefficient or unnecessary routes.  Moreover, integrating telematics systems with GPS will enhance fleet operations with more analytics. The data that is gathered can be accessed through a commercial truck GPS app to make the required adjustments for fleet operations. 4 reasons to install GPS devices for commercial vehicles? What to look for in a commercial vehicle GPS Tracker? There are a number of Commercial truck gps for sale available in the market with distinct features. However it is important to buy the best commercial vehicle GPS system with a commercial truck GPS application to monitor fleet location and performance. An efficient GPS should provide features and metrics including connectivity, real-time tracking, engine cut, trip history, anti theft alarm, fuel detector, speed alerts, zone alerts, driver behavior monitoring and monthly reports. Let’s Wrap Up! The lack of real-time visibility is a struggle in fleet management. However, using GPS for commercial vehicles will be the ideal solution to improve fleet productivity and safety. Commercial vehicle GPS systems help with real-time visibility, driver monitoring, route optimisation and fraud prevention. While there are many commercial truck GPS for sale, it is important to buy the best GPS for commercial vehicles with all the basic features and metrics. Axlerate provides a unified digital logistics management platform with transportation management solutions 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.

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