When a trucking company can use a fleet tracking system to keep track of where its vehicles are at all times, it is infinitely helpful information to have. It enables the dispatchers to have the ability to make on the spot decisions which can save money and time.
If you know what the locations of your trucks are at all times, you can be aware of road or traffic problems in advance, and be able to reroute your drivers ahead of time. If you are aware the instant that your deliveries are made, you can reroute other deliveries based upon data that is real-time, as opposed to estimating the times.
Fleet tracking can also be very helpful by showing mileage and gas consumption on a real-time basis, so you can offer suggestions to your drivers as to speeds that are the most efficient and where the best gas prices are located as well.
The sophistication of most fleet tracking systems have gotten to the place where the data can tell a lot about not only the location of vehicles at any given time, but there is a lot of information about driver behavior that can give real value to the financial costs of the vehicle based upon that behavior.
Measuring such items as the number of times drivers stop and for how long, the amount of fuel that is being used, which harsh driving habits can influence, time taken on lunch breaks, seeing actual engine performance statistics, and total miles driven can all provide meaningful information for analysis.
The tracking systems can also monitor safety behavioral data, such a speeding, stop sign violations, braking habits that are overly harsh, rapid accelerations from a stopped position and harsh cornering can all be factored in as well, as some of these harsher driving habits will add up on a vehicles maintenance potential, and add possible hazards to the safety and possible stoppage by police if stop signs are run, and the driver is speeding all of the time.
On the other hand, evidence of good driving habits are statistics that companies need to know too. When drivers show that their driving habits are good, it is possible to reward them with extra pay, which is a great incentive to be more responsible while driving over a longer distance.
All of these types statistics available in real-time gives the company a good picture of who their drivers are and what they are doing or not doing for the benefit of the company.