The Main Reasons For GPS Technology To Save Costs For Vehicle Managers
2019 is the final transition period from AOBRD to ELD equipment. Does the GPS technology of ELD equipment help truck carriers reduce costs? The answer is yes. Every year thousands of dollars are wasted on unnecessary idling, severe braking, speeding, poor maintenance, and high insurance premiums. The average operating cost of the truck transportation industry is about $1.38 per mile, and the average annual total cost of operating a commercial truck is $180,000. GPS technology used in ELD devices can help reduce these numbers, saving cost and time. Let’s take a closer look at the advantages of using GPS technology in the fleet and how to reduce costs.
Reduce idle speed to reduce fuel and maintenance costs:
Like administrators, GPS technology can be used to know the idling time and time of trucks. According to the US Department of Transportation, a long-distance truck idles for about 1800 hours every year and uses about 1500 gallons of diesel oil. Prevent drivers from speeding and serious violations:
Acceleration and severe braking can quickly consume fuel supply; this will increase and generate unnecessary fuel costs. According to National Geographic magazine, I was interviewed by Glenn Katz of the American Truck Association; on average, a truck traveling 65 miles per hour instead of 75 miles per hour increases fuel costs by 27%. Kedzie said that according to experience, every increase in speed of one mile per hour will reduce the corresponding fuel by 0.14 miles per gallon. “Through the GPS technology of ELD equipment, drivers can confirm the all-weather speeding and aggressive driving habits in real time. Through it, vehicle managers can correct the negative driving mode and save fuel and vehicle wear costs; and promote the safety of truck drivers and other drivers on the road.
Reduce insurance costs:
Using GPS ELD compliant equipment can better check drivers and improve their safety. The premium is currently based on CSA scores. ELD can be directly connected to the engine of the truck to help the carrier monitor the driver’s safety and identify dangerous behaviors that may lead to higher CSA scores. In addition, the GPS technology of ELD equipment can ensure that the driver does not exceed HOS, so the company can pay higher insurance premiums. Therefore, the GPS technology of ELD equipment can provide additional data for the insurance industry to identify risk models. This reduces the impact of CSA scores on premiums. Finally, use equipment that conforms to ELD to monitor the HOS and ensure that drivers can drive for a long time without proper rest, which can ultimately prevent accidents caused by driver fatigue and save endless lives and money.
Improve routing and driver/administrator communication:
GPS technology helps ensure that drivers choose the most efficient route, which will help reduce fuel costs and time, and make the business more profitable. Everyone in the truck transport industry knows that time is very important when transporting goods across the country. Using GPS technology and ELD equipment, drivers can travel as fast as possible to avoid traffic jams. Complete driver transparency to ensure driver safety, reliability and benefits:
In order to ensure the success of all businesses, administrators must pay attention to employees. The trucking industry is no different. In many occupations, employees work in a well monitored environment, which helps managers better understand employees’ behaviors and outcomes. Truck drivers are free to drive for several weeks at a time, so it is very important for owners to know about their trucks and drivers. According to FMCSA, 51% of the 10 states with the highest average fatal accidents of large trucks and buses in 2014-2016 were related to at least one large truck or bus. Vehicle managers should be satisfied with the safety, reliability and honesty of drivers. It may not have been possible in the past, but now thanks to GPS technology. Now they have a manager who can completely and transparently manage the drivers, monitor all the driving conditions of each vehicle in the team around the clock, and manage the driver’s behavior to ensure the safety, benefits and interests of the company.
GPS technology is very beneficial to truck transportation industry. By using this technology together with ELD equipment, vehicle managers can greatly reduce the cost of the company. Reducing unnecessary idling, sudden braking and overspeed can reduce fuel costs. This will also help reduce unnecessary maintenance costs for vehicle managers caused by vehicle wear. In addition, using GPS technology, the vehicle administrator can identify the driver’s dangerous behavior and closely monitor the HOS, so that the driver will not be subject to any violations, and will not have accidents caused by excessive driving. This, in turn, will greatly reduce the insurance premium of vehicle management and ensure the road safety of drivers and other drivers. GPS technology can also be used to guide drivers to the best driving route for timely delivery. Therefore, create the overall profits of the company.