Advances in GPS tracking have changed the trucking industry for the better. Although GPS tracking has existed for many years, the onset of the Internet of Things and connected devices has improved the effectiveness of tracking systems.
With GPS, fleet managers can track all the vehicles in their fleets in real-time, view past location records to improve operations, and utilize various data points and key insights to increase efficiency and profitability.
GPS tracking has truly become essential in the day-to-day operations of fleets of all types and sizes.
What is GPS tracking?
GPS or Global Positioning System is a worldwide radio-navigation satellite system that helps you remotely track the location of your drivers and vehicles.
The system relies on a transmitter, inside a phone or a navigation device, sending out a signal that is then received by multiple satellites in space.
Top GPS and geofencing benefits for fleets
GPS tracking can help improve business productivity, streamline operations, and make life easier for drivers and fleet managers.
Here are some important GPS and geofencing benefits:
1. Smarter route planning
GPS tracking can also help identify the best and worst roads by reviewing details for past trips using the location history map. Fleet managers can optimize routes by identifying busy roads with location-based historical data to increase efficiency and productivity.
2. Safety against cargo theft
In 2018, there were 592 cargo thefts in the U.S. worth $142,342.
GPS tracking and virtual geofenced parameters can play a role in preventing vehicle and cargo theft. Fleet managers can keep track of the location of all vehicles in real-time, and appropriate, timely action can be taken if a vehicle deviates from its path.
3. Prevent unauthorized vehicle use
With real-time GPS tracking as well as location history, fleet managers can quickly identify if a vehicle is being misused for side jobs or personal use.
4. Reduced administrative burden
Fleet managers can also reduce administrative burden by eliminating manual paperwork and minimizing phone calls to drivers.
5. Automated real-time alerts
As GPS tracking can track vehicles in real-time, fleet managers can create virtual parameters to set up geofenced alerts whenever a vehicle enters and leaves a job site.
You can plan your operations and daily tasks more productively when you don’t have to keep track of your vehicles manually. Knowing where all your vehicles are and receiving automated notifications when they enter or exit important destinations can help reduce administrative burden.
6. Usage-based invoicing
GPS tracking helps you know where your vehicles and assets are and how long they have been at a particular location. This is especially helpful for oil & gas companies, for example, as accurately calculating time on site is important for invoicing and getting paid.
Fleet administrators can easily manage billing, invoicing, and payroll with location-based data.
7. Better customer service
GPS tracking and real-time vehicle location data can also be used to provide better customer service and gain a competitive advantage.
When you know exactly how far away your vehicles are from their destination, you can deliver accurate estimated times of arrival to your customers.
8. Increased productivity
Become more competitive by tracking performance against delivery service level agreements. A service-level agreement (SLA) defines the level of service you expect from a vendor and lays out the metrics. It also includes remedies or penalties in case the service levels are not achieved.
For example, if your SLA says you will deliver a package by 10 a.m., you can prove that you were there on time or there before the expected delivery time with GPS.
9. Reduced detention time
That’s why it’s important to reduce the possibility of detention time with GPS tracking and geofencing.
With real-time vehicle tracking and automated geofencing alerts, you can easily identify when a driver enters and exits a facility. This information can help you identify unproductive shippers and receivers that detain drivers for too long and too frequently.
KeepTruckin customers can use Facility Insights, which shares detailed warehouse information, including average dwell time and peak hours.
10. Reduced fuel usage
According to a 2018 ATRI report, the operational cost of trucking increased by 7.7 percent from 2017. Of all the different types of operational costs, fuel costs recorded the highest year-over-year growth, a jump of 17.7 percent.
Fuel can be one of the biggest operational expenditures for most fleets. By optimizing fuel usage and reducing waste, fleet managers can make a significant positive impact on profitability.
GPS tracking can help you minimize fuel wastage.
Fleet managers can compare multiple routes with GPS tracking, identify the amount of fuel each route takes, and pick the most efficient route to minimize fuel wastage.
With more visibility into operations, location history, and smarter route planning, operating expenses can be cut down.
Improve productivity and profitability with GPS tracking
The KeepTruckin’s fleet management solution comes with a built-in GPS that allows fleet managers to view each driver’s real-time location on an interactive map.
Additionally, fleet managers can also view the location history for any driver or vehicle to find out exactly where they were at any point in time.
Learn more about GPS tracking and how it can help your business become more efficient, productive, and profitable.
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