New technology seems to be popping up everywhere to help businesses boost company productivity and better utilize company resources. For the transportation industry, GPS tracking software has become the go-to tool to help carriers lower operational costs and improve management of their fleets.
Fleets of any size can be pricey. And costs can quickly accumulate among metrics that range from employee salaries and benefits to vehicle upkeep. But the operational cost that brings in the largest expense and keeps fleet managers on their toes is the cost of fuel.
A commercial truck, for example, can consume up to $70,000 of diesel fuel per year. Yet fuel costs are constantly fluctuating, and according to the American Transportation Research Institute’s 2014 Analysis of Operational Costs of Trucking, fuel costs account for 30 to 40 percent of a carrier’s cost per mile, making up 38 percent of total annual operational costs for carriers.
Luckily, carriers can turn to GPS fleet tracking software to help improve fuel efficiency and even detect theft. Here are the top 4 GPS tracking features to consider:
1. Geo-Fencing
2. Fuel Cards
3. Maintenance Reports
4. Event Viewer
This event information empowers fleet managers to better train their drivers and improve routing to reduce miles traveled and fuel burned, thus creating an efficient fleet that does its part in reducing emissions of toxic air pollutants and carbon dioxide.
In Conclusion
The days of paper records and manually entering information are over — no more worrying about someone making a critical data-entry mistake. GPS tracking software will help businesses streamline their operations, capture information in real time and automatically analyze data to boost fuel efficiency across the entire fleet. With gas prices continuously fluctuating, investing in a cost-effective solution that helps curb fuel waste can enable a fleet business to save at the pump and in other crucial areas of operation.
Thinking about upgrading or investing in GPS fleet tracking software? Start your search with Business-Software.com’s FREE Top 10 GPS Fleet Tracking Software Report, which compares the features and pricing of leading solutions side by side.
[Photo courtesy of Flickr user Boegh.]