6 Ways Fleet Telematics Can Save Trucking Companies Money
Most fleets today are equipped with truck GPS, which allows managers to track the location of their trucks through fleet management software. But truck telematics, as well as trailer telematics, also provides other actionable information that fleet operators can use to shave expenses and reduce unexpected outlays. Money saved can be put toward other operational efficiency initiatives and fixed costs such as driver compensation. 1. Cut fuel use with reports on idling and aggressive driving Fuel is the second-highest operational expense for companies in the trucking industry according to the American Transportation Research Institute (ATRI). Truck telematics has an important role to play in cutting fuel consumption. Idling a heavy-duty truck burns almost a gallon of fuel per hour according to the U.S. Department of Energy. By generating idling reports in your fleet management software, you can easily discover which drivers idle the most and when. These insights can help you strateg...