The Global Positioning System, or GPS, is a navigation system that utilizes a network of 31 satellites to help users determine their location. Although it’s owned by the United States federal government, GPS technology is used by thousands of businesses and organizations. One of these uses includes tracking logistics companies’ fleets of trucks.
Here are a few benefits of using fleet GPS tracking devices.
Lower insurance premiums
Logistics, distribution, and transportation companies often take out insurance policies to protect their operations. Since these policies often aren’t cheap, these businesses need to lower premium costs as best as they can.
One effective means of lowering these companies’ insurance costs is by implementing fleet GPS tracking devices on all trucks and other delivery vehicles. According to industry statistics, the average such company’s insurance policies’ premiums drop anywhere between 10 and 30 percent after utilizing GPS fleet tracking technology.
Drivers will travel shorter distances
Without GPS technology, long-haul drivers don’t have knowledge of the fastest routes to get to their destinations unless they’ve driven such routes at least several times before.
Logistics companies that require their drivers to employ GPS technology in routing their trips consistently see that drivers reach their destinations more quickly.
They’ll also spend less time at warehouses waiting for loads
When trucks arrive at warehouses, they are usually loaded on a first-come, first-serve basis. However, through the use of GPS tracking technology, you’ll be able to automatically inform such warehouses that your drivers are getting close to arriving.
This will ultimately result in your drivers spending less time waiting around for warehouses workers to load their trailers. They’ll also generally be more productive as a result of feeling higher job satisfaction due to not having to wait around forever to receive warehouses’ loads.