Rethinking Fuel Spending, Increasing Fuel Efficiency, and Getting More for Less
Fleet management technology is changing the way fleet managers look at vehicle fuel consumption. Every fleet, big or small, must pay for fuel. The challenge is to consume it in the most effective way possible.
As fuel costs continue to rise, business owners and fleet managers seek cost-effective ways to manage this unavoidable expense. GPS fleet tracking technology can be one of the most cost effective means to manage fuel consumption. Reduced margins and heavy competition in delivery, distribution and transportation service industries create a high level of urgency for every business to implement an effective fleet management system that can manage costs and provide a measureable return on investment (ROI).
A recent strategic research report by Berg Insight entitled Fleet Management in the Americas, states, “In the North American market, the number of fleet management systems in active use is forecasted to grow 12.6%.”
Here are five ways GPS fleet management technology can help you reduce your fleet’s fuel costs:
- Minimize Engine Idle Time
- Monitor Speeds
- Optimize Routing
- Maintain Accurate Records
- Streamline Vehicle Maintenance
Summary and Next Steps
Fuel prices continue to rise and remain a major expense for fleets. GPS fleet tracking can be a powerful and effective means of reducing fuel consumption. While some GPS tracking services do little more than put a pin on a map, a fully integrated GPS fleet management solution can provide benefits that quickly help reduce fuel costs and improve business performance. To learn more about GPS vehicle tracking technology, contact NexTraq at 1-800-358-6178 ext. 1 or visit our website at www.nextraq.com.