Business environment is quickly changing nowadays. Hence, leadership belongs to those companies that utilize the latest technology to perform better at less costs. Transportation, logistics and delivery companies automate their processes with route optimization software to get ahead of competitors.
Currently the transportation industry faces many challenges. Seems like low margin, unstable fuel prices, high competition level are just some of them. Businesses, especially large transportation companies, have to become more dynamic to compete. Therefore, they need to constantly compromise between optimal and feasible routes.
Geofencing in Telematics is sometimes referred as “Big Brother”. In fleet management, this tracking method provides information about trucks entering or leaving certain geographic areas. As a result, fleet managers will receive the geo-fencing alarm, if drivers ignore “working hours” or “geofencing zone” rules. Building optimized routes using geofencing ensures substantial expenses reduction for the company.
Quite representative is an example of a North-American clearance-services company managing a fleet of over sixteen thousand trucks without permanent garages. Routing solution employed by the company allows to park the cars entirely on the parking lots near job sites.
Latest reports reveal that driver behavior is the main reason why companies are using telematics. According to the recent study on Telematics, nearly 70% noticed improved driver behavior and more accurate resource utilization after introduction of geofencing technology to their management operations.