In the ever-evolving sphere of transportation and logistics, secure and timely cargo delivery plays a key role. Fleet managers have to deal with constant stress to ensure optimum fleet safety while lowering operation costs and associated risks.
The reputation of a fleet or vehicle operator depends on the efficient incorporation of a robust cargo monitoring system and fleet safety telematics, to ensure overall fleet safety. Artificial intelligence (AI) is revolutionizing the way fleet managers approach the issue, and is estimated to improve logistics productivity by more than 40% by 2035.
The industry was gradually embracing innovative solutions to brave the challenges of the past few years, including COVID-19, new compliance measures, and rising costs. The latest challenges of increasing environmental concerns and shifts in consumer behavior have made it essential to adopt technology upgrades now.
Major Hurdles for the Fleet Industry Players
Numerous problems exist in the logistics industry, some of which are-
Limited Fleet Supervision Capabilities
Without fleet telematics analytics, fleet managers handle business with almost zero visibility. The inability to obtain real-time updates on driver behavior and road incidents poses significant challenges in ensuring the fleet and drivers’ safety.
Underutilization of Vehicles’ Capacity
Legacy transport management methods depend on manual capabilities for deciding the category and quantities of products a vehicle can accommodate. Upon incorrect estimation, costs rise exponentially, leading to financial losses that could be otherwise avoided.
Rising Fleet Management Costs
Implementing cost-effective ways while sourcing fleet vehicles remains a major concern for vendors. Manual route planning and order allocation, longer driving time, and delayed delivery are some of the problems that lead to an increased transportation cost.
Fuel Theft
With rising fuel costs, thefts impact businesses adversely. The absence of adequate tracking mechanisms makes it convenient for the thefts to occur and the costs increase exponentially.
Damaged Goods
Cargo damage results in massive losses for vendors and transporters alike. The lack of a robust cargo monitoring system damages the shipment in irreversible ways, piling on to the costs.
Fleet Telematics Analytics – Need of the Hour
Enabling only GPS tracking is a thing of the past! Fleet safety analytics offers a much wider picture of all that’s happening with the cargo, while in transit and when static. It refers to the process of data collection, analysis, and application. GPS trackers, telematics systems, different sensors, dashcams, and other integrated technologies assist in gathering a wide range of vehicle-related data.
The benefits include:
- Accurate GPS coordinates
- 24/7 live recording
- Multi-angle view
- Driver behavior alerts
- Accident and liability mitigation
- Cargo tampering alerts
- Effective SMR (service, maintenance, and repair) alerts
- Cargo loading and unloading status
- Training and skill development of drivers
Businesses can make insightful decisions and enhance fleet security by using advanced algorithms. Machine learning models can predict the possibility of accidents and security breaches, enabling fleet managers to take necessary preventive measures.
Role of Fleet Video Telematics in Enhancing Cargo Security
As discussed above, fleet operators must navigate the vehicles and occupants through several obstacles, including theft, tampering, and under-usage. The business’ reputation can be severely affected if the issues aren’t addressed timely.
Cargo Visibility & Geofencing
Fleet safety analytics offer real-time tracking and visibility in the cargo movement. Fleet managers can set predetermined virtual boundaries, sending alerts to the fleet manager in case of any deviation from the designated route or areas. This feature helps businesses tackle vehicle theft or unauthorized routing, timely notifying the manager to take swift actions.
Better Insurance Claims Processing
Analysis of live video footage facilitates proactive actions that can prevent financial losses. Incident recreation for investigation and insurance companies pave the way for successful claims reimbursement. For instance, fleet video telematics enables occupant behavior detection. In case of unfortunate events to the vehicle, insurance companies are instantly aware of whether it’s the driver’s fault or that of the second party involved.
Advanced Driver Assistance Systems (ADAS) & Driver Monitoring System (DMS)
One of the most crucial factors for fleet safety is ensuring healthy driver behavior. Speeding, distraction, harsh braking, aggressive navigation, and vehicle idling, are some patterns of risky driving behavior. ADAS and DMS assist in tackling such issues and reducing the likelihood of accidents and simultaneously cargo damage.
Data-Led Decision Making
Fleet telematics analytics enable building models to detect fleet health and obtain driver insights. Early signs of mechanical issues can also be spotted by connecting the vehicle footage and the corresponding vehicle diagnostics. Incoming data from the sensors installed and the simultaneous reports can be accessed at the click of a button.
Enhanced Customer Satisfaction
With stricter safety and environmental regulations arising, fleet safety analytics is becoming a vital tool for meeting compliance standards. Automated regulatory alerts and fleet metrics help with regulatory changes. Reduced manual intervention improves all the facets of fleet operations, in turn, enhancing customer satisfaction.
Ensuring Optimum Cargo Safety Just Got Easier!
The innovative camera connector and cargo monitoring system from Fleetx lets transporters be at peace. How so?
Constant Vehicle Vigilance
Our camera connector comes with
- continuous and
- cargo monitoring
Such 24/7 fleet monitoring presents a compelling case for the safety and integrity of your shipment. Focus on other aspects of your business growth, leaving the safety concerns to us.
Real-Time Cargo Surveillance and Tamper-Proofing
Your fleet manager would receive real-time updates on
- status of the goods being transported
- unauthorized access or tampering attempts
Instant IVR alerts allow prompt actions to reduce or avoid damage to the shipment.
Streamlined Delivery
Increase your cargo efficiency and save costs by using the features of
- route planning
- route optimization and
- dispatch planning
Let automation take over and experience a marked decrease in errors.
Channeling a Bright Logistics Future
Fleet safety analytics is here to stay! Newer trends involving the integration of blockchain technology are showing promising signs. Efforts are underway to further improve the scope of transparency in cargo operations by offering tamper-proof records of the entire process.
Embracing this data-led approach, cargo transporters are empowering themselves to deliver better outcomes for their customers and other connected stakeholders.
