Fleet utilization is a critical factor in the success of motor carriers, impacting efficiency, cost control, and overall profitability. Fleet utilization refers to the process of maximizing the use of your vehicles and drivers to achieve maximum efficiency and productivity. By measuring and monitoring various aspects of your fleet operations, you can identify areas for improvement and implement strategies to enhance utilization, reduce costs, and increase profitability.
Geofencing has been used in logistics for years. As the technology becomes cheaper and more widespread, small carriers can use the same tools that mega carriers have been using to grow their business.
Technology is evolving at an incredible rate every year. The world works completely differently than it did 10 years ago, and the trucking industry is no different. A trucking business owner can know where any truck or trailer in their fleet is at any given time from anywhere in the world. This has helped smaller carriers operate on the same playing field as mega carriers have been at a fraction of the cost.
Over the years, as trucks have become more sophisticated, so have their onboard communication systems. The Controller Area Network (CAN) bus monitors and controls almost every aspect of a truck today form motoring the firing temperatures of each piston on the engine to telling if the seat belt is plugged in.
The trucking industry in one of the most competitive industries in the market today. There are over 4.5 million trucks on the road and over 85% of carriers in the industry belongs to owner/operations (1-6 truck fleets). With this many carriers looking for loads to haul, spot rates can get low and profit margins thin.
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ELDs with US based support
BIT Air Scale
Never pay to scale loads again
BIT Dashcam
All in one fleet managment