Heavy Equipment Telematics

With gas prices continuing to fluctuate - and often rise - fuel costs still represent a major operational expense for fleet businesses. With its ability to track vehicle performance in real-time, telematics helps reduce fuel costs through:

• Better routing. Telematics allows you to cut down on total miles driven by routing vehicles directly to the next destination. Driving fewer miles reduces the amount of fuel used, which automatically reduces fuel costs.
• Improved maintenance. Telematics can not only tell you when vehicles are due for maintenance, it can also identify engine problems as they occur. Keeping your vehicles in top operating condition can dramatically improve fuel efficiency and lower costs.
• Reduced speeding and idling. When drivers know their vehicles are being tracked, they tend to slow down and shut off their engines when idling isn’t necessary.

Reduced speeding also improves driver safety, and can cut down on the cost of traffic violations and expenses resulting from at-fault accidents. Many insurance companies will lower premiums when they know you use telematics to track driver performance on the road.

At the same time, tracking engine performance to manage and schedule preventative maintenance helps minimize vehicle downtime and reduce repair costs. Keeping your vehicles on the road means you can do a better job of serving customers.

Knowing where your assets are and what they’re doing offers a strong deterrent to theft and unauthorized use. With telematics, you can set “geofences” that send alerts when vehicles or equipment move outside designated areas. Similarly, “odd hours” movement alerts can indicate unauthorized movement during off hours.