2. Telematics Proliferation
Since the late 1980s, telematics has been used by the over-the-road truck industry for delivery scheduling, route optimization, and driver communication. The widespread use of satellite tracking and communication technology in the Class 8 market will continue to migrate to the Class 3-7 market. Fleets are using telematics to capture and report key data related to the truck’s diagnostics, idling, drive time, and fuel economy. In addition, companies are using telematics to enhance driver productivity and route management. For a service fleet, just adding one more stop per day/per vehicle can add up to hundreds of thousands of dollars to the bottom line. In the coming years, telematics will play a larger role in maximizing cargo space for increased delivery capacity, fuel savings, and increase productivity.