Fleets Find Value with M2M
The connected car is quickly becoming a reality for many consumers, but the connectivity has long been used in business vehicles. Today, M2M is no longer just a nice value-added service for fleet-management companies; it is quickly becoming a necessity as businesses look for more efficient ways to monitor and track assets.
Take Ryder System, www.ryder.com, as an example. The transportation, logistics, and supply-chain management company is using a telematics system in both its lease and rental trailer fleets in order to meet customer demand for tracking and monitoring.
The company worked with ORBCOMM, www.orbcomm.com, to tailor its telematics system for a fleet of more than 30,000 dry van, refrigerated, and flatbed trailers. The two companies have also developed a custom Web application for Ryder with data reporting and analytics.
With M2M, Ryder’s customers can get insight into refrigerated trailers. The technology allows customers to monitor temperature, fuel management, maintenance, and logistical applications services for temperature-controlled cargo. This complements RydeSmart, Ryder’s onboard telematics system for GPS fleet location, tracking, and vehicle performance management.
The telematics system from ORBCOMM is already deployed on more than 2,000 trailers and will soon extend to commercial lease and rental customers.
While Ryder continues to grow its M2M strategy, building out its asset-management technology for customers, other businesses are finding big returns with existing fleet-tracking systems.
Advance Disposal, www.wastemanagementdumpsters.net, a local commercial and residential dumpster rental company in the Sacramento area, has been using the NexTraq GPS Fleet Tracking system, www.nextraq.com, to improve communication and efficiencies.
Since implementing the system, the company has been able to reduce fuel costs and increase fleet efficiency by 30%. A big time saver for this organization was the fact the system cut down on the redundant data entry in the office. More than just efficiencies, the M2M technology also improves communication between the office and the field.
Transportation and logistics companies are quickly finding the benefits of M2M far outweigh the costs. Being able to track the location of vehicles and have analytics related to the overall condition of the fleet can provide big value to businesses.
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