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MORE FLEETS ARE USING TELEMATICS TO INCREASE PRODUCTIVITY AND REDUCE COSTS CHEVIN FEET The Fleet Technology Trends 2021 Report found an 8 percent year-over-year increase in the number of fleets using telematics – from 64 percent in 2019 to 72 percent in 2020. According to the study published by Bobit Business Media, 96 percent of the participants using GPS fleet tracking software found it highly beneficial to their operations. Customer service is among the key areas of improvement for fleet managers who adopted telematics, with 54 percent reporting a significant improvement in this aspect. Better driver safety, higher productivity, and lower costs are some of the other benefits of fleet management systems. Optimizing Fleet Productivity Telematics helps fleets improve their vehicle utilization and schedule coordination, allowing them to meet more deliveries. The technology makes it easier for fleet managers to determine which drivers and vehicles are available at certain times, so they can schedule deliveries more efficiently. Fleet management systems also have advanced tracking and routing capabilities that enable drivers to find the quickest route to their destination. These functions not only help drivers stay on schedule, but they also reduce idling time due to heavy traffic, which is one of the leading contributors to fleet inefficiency. Reducing Fuel, Accident, and Labor Costs The respondents of the Fleet Technology Trends 2021 Report saw a decrease of eight percent in their fuel costs, 11 percent in accident costs, and 10 percent in their labor costs. Idling hours, according to Trucking Info, take up 20 to 40 percent of a typical fleet driver’s time on the road. These hours use up 20 percent more fuel than necessary, which results in higher costs. Utilizing telematics significantly reduces idling time, and therefore, fuel costs as well. Improved driver safety is another notable benefit of fleet management systems. Telematics provides real-time, accurate data on each vehicle’s engine, allowing fleet managers to schedule their preventive maintenance tasks more effectively. This helps reduce vehicle breakdowns and the amount of time a vehicle is out of commission. Keeping vehicles properly maintained also prevents accidents caused by mechanical failure, improving driver safety. Sources: https://www.datocms-assets.com/992/1605734540-vzcspecial-reportfleet-technology-trends-2021online.pdf https://www.automotive-fleet.com/10136516/how-fleet-are-succeeding-with-telematics https://www.chevinfleet.com/gb/solutions/fleet-maintenance-management-software/ https://www.fleetforward.com/10144039/whats-driving-growth-in-the-commercial-telematics-market https://www.ccjdigital.com/maintenance/article/15066660/how-telematics-can-help-reduce-unscheduled- maintenance