Why Fleet Management Technology is your Best Investment in 2013

Technology

Commercial transportation companies are always trying to save money, improve their effectiveness and attract more customers. One of the best ways to accomplish all of these goals is to invest in new technologies that allow you more control over your company’s operations, such as fleet management technology.

What is Fleet Management Technology?

Fleet management technology typically involves the use of electronic fleet tracking systems that keep records of your drivers’ behavior while they are on the road. Fleet tracking devices record speeds, travel times, mileage and location in order to help you anticipate costs, improve efficiency and identify potential problems. Implementing such a system requires you to install a device in each individual vehicle. You will have constant access to the data collected by all of these devices from inside your headquarters.

Benefits of Fleet Management

When used properly, fleet management can provide many benefits for your company, including:

· Lower fuel and maintenance costs. Drivers are supposed to abide by the posted speed limits. However, many drivers are tempted to drive faster than they should when they aren’t being monitored. By installing fleet tracking devices in all of your vehicles, you can ensure that drivers obey speed limits, thus decreasing fuel output and the frequency of required maintenance.

· Fewer accidents. Accidents can cost your company a great deal of money. By monitoring your drivers’ speed and number of hours spent on the road, you can ensure that no driver is operating a vehicle unsafely, which in turn reduces the number of accidents that occur.

· Real-time knowledge. With fleet tracking, you will always know the location of your vehicles. If a customer calls to check on a delivery, you can provide her with the most accurate arrival estimate possible. Likewise, if a driver hasn’t arrived on time and is out of communication with your dispatchers, you can pinpoint his exact location and identify the problem.

· Improved efficiency. The data provided by a fleet tracking system allows you more insight into the routes your drivers take, the speeds at which they travel and the effectiveness of each driver you employ. With this information, you can improve productivity by optimizing your routes, providing instruction to your drivers and identifying employees who may be costing you more money than they should.

Federal Law

Although the benefits of fleet management technologies are undeniable, some companies are still reluctant to take the leap. Recently, however, the federal government passed a law that requires all companies to install electronic monitoring devices on all of their commercial trucks. The law is not yet in full effect, but the message is clear. Within the next few years, all companies must update their fleets to include these new technologies. For this reason, companies should consider making the required changes now in order to avoid problems in the future.

Fleet management technology may seem expensive and overwhelming at first, but it will be well worth it in the long run. Not only that, but these devices will soon be required by law. Instead of waiting until you have no choice, consider updating your company’s fleet management system now and begin enjoying the many benefits these new technologies have to offer.

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