Idling is an unseen threat to the bottom-line of many fleet businesses. The idle/engine ratio indicates how much time an engine is idling while in operation. Across all types fleets, the conservative idle/engine ratio average is roughly 1/3rd, meaning that for 33% of the time vehicles are in operation, they aren’t being productive. This represents a massive amount of expensive fuel being wasted. Titan GPS Reporting capabilities let fleet managers see which operators are idling too much and which operators are being efficient and deserve praise. Set benchmarks for performance based on historical data. Uplift the performance of your fleet with Titan GPS Reports such as top 10 worst idlers. Visualize your actionable fleet data and implement appropriate programs to improve performance such as idling.
Aggressive driving accounts for a significant loss in value and efficiency, which eats into your bottom-line. Behavior such as speeding, aggressive cornering or acceleration, and hard braking are all tough on fleet vehicles. They escalate the cost of maintenance, causing assets to be replaced earlier than expected which increases capital costs and also burns unnecessary amounts of fuel.
Compare your operators to their peers and develop baselines to identify which assets and drivers need to improve their behavior and represent your business well and keep your people safe. Research has shown that a speed reduction of only 10% can reduce the chances of a fatal collision by upwards of 50%. Aside from that, the direct and indirect costs of vehicle collisions are in the hundreds of billions a year. Implementing GPS tracking into your fleet can make the difference between profit and loss.
A fleet’s efficiency is measured by how much it can get done in a day. Hampered by many problems such as late arrivals, extra-long lunches, leaving work early, wasting time, and unearned overtime. GPS Tracking helps prevent all these efficiency harming activities. After years of extensive internal data collection and external research, GPS tracking can improve productivity by adding an extra 30 minutes of efficiency without paying for additional hours of work. That could mean additional monthly contributions of $660 per vehicle.