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.
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.
Trucking is one of the most competitive industries to be in. There are over 4.5 million trucks on the road in the US and they are all looking for loads to haul. With the amount of available trucks able to take loads the competition is high and the profit margins are low. New carriers have a lot working against them while trying to build a reputation for themselves and earn their way to consistent steady work.
As consumers and brands grow more environmentally conscious, carriers and fleets may wonder how they can contribute by considering green logistics. But what exactly is green logistics and why is it so important?