Section 179 Provides BIG $$$ Incentives
We had the opportunity last weekend to drive the Washington DC. With that we notice a lot of vehicles on the road that had graphics on the side of their vans, trucks and even cars. Owners spent hundreds, if not thousands of dollars on the graphics on their company trucks. We know the purpose of this is to be noticed, to attract business. But what if you drivers were speeding down the highway, wasting gas, saw it many of times, or sitting in a parking lot reading the newspaper with the engine running, wasting gas. How would you know? See our Idle Calculator- it’s free. There are many numbers out there that say idling for one hour waste .75 gallons of gas. How much is gas right now, $2.75/gallon? Think about if your driver idles for 2 hours a day. So, over a week
Saving money is making money, and Safety Track saves fleet companies hundreds, even thousands of dollars per year. These GPS Fleet Tracking units sport numerous features that make tracking vehicles and streamlining operations simple.
1. Use less fuel and stop speeding drivers
The EPA estimates that reducing speed by 10MPH increases fuel efficiency by 20%. Our HVAC customers report $150 savings per 10 vehicles in one month by keeping their drivers at a maximum of 65MPH. The owner of a towing company saved $4000 over two months just in fuel costs. Do the math for your business and add up your savings. The dollars add up fast-here’s a simple example with a very conservative estimate: 50 vehicles reduce speed and save $10 each per week in gas costs. That’s $26,000 in a year. Slowing down a speeding driver can also limit tickets, accidents and litigation against your company.
2. Limit unnecessary trips and unauthorized use
Customers tell us their employees off-route driving completely ends once they know a GPS fleet tracking unit is installed in their vehicle. No more extended lunches, driving off-route to go home to eat, run errands, etc.
One customer reported that one driver was traveling home 60 miles per day when they should have been working. That’s a potential savings of $15-20 in fuel per day. And that’s just for one driver.
3. Ensure proper work hours, lunch breaks and overtime records
This is self explanatory, and another area where you can save thousands of dollars per year. Employees won’t likely record bogus work, lunch or overtime hours if they know their work vehicle is being tracked. If you can gain just 30 minutes of productivity each day you will save about $3,000 per employee each year.
The more your workers actually work and record correct information, the more your business is operating cost-efficiently. The immediate impact GPS fleet tracking units provide in this category is mentioned quite often by our satisfied customers.
4. Monitor company gas purchases/gas cards
Lets face the facts–gas will only get more expensive, and some employees try to cut corners and cut money out of your bottom line. Can you afford even one employee stealing $20 in fuel every week ($1040/year) from your gas account? That’s $1040 you could put in your own gas tank! This is another area where questionable purchases can be tracked and verified with our easy-to-use GPS fleet tracking software.
5. Theft prevention
Track all your vehicles every two minutes and have alerts sent to your cell phone, email or PDA whenever your vehicle is started or moves outside of a designated area (geofence). This feature gives you peace of mind 24/7/365.
To summarize, below shows a standard cost savings by implementing a GPS fleet tracking system.
- Reducing speed on a single vehicle by 10MPH increases fuel economy by 20%
– 7 gallon weekly decrease in fuel usage
– Weekly fuel savings of $20-30
– Annual fuel savings of $1,000-$1,500
(varies based on MPG, daily miles driven and fuel cost)
- Eliminating unnecessary driving by 10 miles per day for a single vehicle
– 4 gallons of fuel saved per week
– Weekly fuel savings of $14
– Annual fuel savings of more than $700
(varies based on MPG and fuel cost)
- Losing 15 minutes per day of productivity from a single employee
– 65 hours per year in lost productivity
– Approximate savings of $1,200-$2,000
(varies based on hourly rate)
- One employee uses a company gas card to fill their personal vehicle once a month
– Monthly fuel savings of $70
– Annual fuel savings of $840
(varies based on fuel tank size and fuel cost)
The below sample cost savings and ROI is for a single employee. Your ROI will vary based on number of vehicles in your fleet, amount of miles driven and fuel consumption.
Total annual savings
Safety Track’s first year cost
First year ROI
One of the main problems with modern economics is, of course, management. It can be difficult to manage the portions of a business that have a lot of individual components – a hotel chain, for example, or a line of busses. That difficulty also applies to companies like taxi or limousine fleets, which is why good businessmen should consider buying technological tools to aid them in that task and to help them get the most money and profit out of their rather significant investments.
What is Fleet Tracking?
First, let’s talk about a specific section of the American economic scene – the transportation industry. More specifically, we’ll talk about the personal transportation industry. It’s not easy getting around these days, and becoming harder all the time. It’s for this reason that so many enterprising businessmen and women have caught onto the idea that people will pay good money to ferry passengers from one place to another. That, in a nutshell, is the goal of the modern taxi industry.
Now, there are a fair number of taxis out there. In some places, like New York City, they all operate under a single head – the famous Medallion or “yellow cabs” of the city. Sometimes, taxis are owned by individual drivers, and make money by picking up street fares. More common, though, especially in smaller communities, are the phone summon taxis that are run by taxi companies. The person needing a ride calls the taxi company, and the company dispatches a taxi to pick them up. These types of taxis – known as FHVs or For Hire Vehicles in the industry – are generally run under a single company manager and require a lot of management to be efficient.
That’s where fleet or vehicle tracking comes in. GPS fleet tracking solutions are available on the consumer marketplace for discerning businessmen and businesswomen to use for their own taxi fleets in order to determine what’s happening in their company and what happens where – important when it comes to doling out paychecks or dealing with insurance problems, things like broken down taxis or auto accidents may cause.
Why Use GPS Fleet Tracking Solutions?
The first step in good management is to know exactly what’s happening, how long it takes, how long it costs, and where it takes place. That’s especially difficult in a taxi fleet, as all those reports depend on individual drivers – whose personal interests may be at odds with your own. If you have a driver prone to laziness, for example, he or she may report more hours on their payroll than they are actually filling, thus depriving his or her fellow employees as well as the company as a whole of valuable profits. This can also give the company a bad name, which, again, hurts fellow employees as well as you or anyone else in upper management.
So what do GPS fleet tracking solutions do? Simple. They record and observe in an unobtrusive way. They mark times, fares, stops, fuel expenses, and even, if you choose, things like speed. Are you concerned that some of your employees may be using your vehicles to break traffic laws? GPS fleet tracking solutions let you keep an eye on locations and speed limits, letting you know how fast they’re going at all times. GPS systems can also help the driver, helping him or her get to where they need to be faster and more efficiently than simply relying on street maps and personal memory.
Different Types of Vehicle Tracking
There are two main varieties when it comes to good fleet management software. These depend specifically on the type of information you need and the type of technology you want to include in your vehicles. This can also make a big difference in cost, so make sure you research your options extensively before settling on one or the other. Ask yourself if the extra features of any specific system are really worth the extra cost you’ll be paying for them.
In fact, educating yourself about the details of these systems is probably a good idea. Good GPS fleet tracking solutions or fleet maintenance software can cost a lot of money, and it shouldn’t be a bill lightly looked at. With luck, these systems will last a long time and be used for a lot of solutions, so you should treat them with utter seriousness when it comes time to buy – make sure you educate yourself about all your options and know beforehand what you want, and you’ll end up with the best possible solution for your money in the end.
Many Changes are coming this year for the fleet trucking industry. Safety Track’s Fleet Management System can give you the ability to track and maintain drivers moving hours. Stored for up to 6 months and having the ability to store into your tracking system, gives you the added advantage need to meet the tough CSA 2010 requirements set forth by the U.S. Government. With the built in maintenance module, you can track DOT information and Safety Inspections, all in one convenient location. Track any infraction your driver may have or your fleet may have within the system. Along with these feature the Fleet Management System from Safety Track, a leader in Fleet Safety and Tracking, your will have a industry leading fleet tracking and routing solution. Track and dispatch your fleet to approved truck routes.
If you have concern about how a fleet tracking system will fit with your culture, here is a guide to help you understand the numerous benefits for your
How GPS Tracking Can Help Your Company
Use digital GPS fleet tracking to see where your vehicles are every minute on your PC screen. Get instant alerts on your email or phone. Set geofences, speed limits and more. Lower your fuel costs and increase productivity. Our easy-to-use web interface let’s managers have all their critical fleet information with the click of the mouse. Companies realize an ROI within weeks of using the system simply by the positive change in driver behavior. Other uses and benefits included:
- Monitor Gas Cards / Gas Purchases: Let’s face the facts–fuel is an expensive business cost at any price, and some employees try to cut corners and cut money out of your bottom line. Can you afford even one employee stealing $20 in fuel every week ($1040/year) from your gas account. That’s $1040 you could put in your own gas tank! This is another area where questionable purchases can be tracked and verified with our easy-to-use GPS fleet tracking software.
- Dispatch: The system allows dispatchers to send drivers to more jobs without the cost of more vehicles. Routing becomes easier and more efficient. The advantages to your dispatchers are valuable and immediate.
- Driver Accountability: Drivers now have a way to verify customer visit times and work completed. This offers them a reliable way to track their progress and protects them (and you!) against customer complaints. Further, there won’t be anymore “gray area” when an employee or customer disputes time spent on the job.
- Customer Service: Your customers will benefit from increased accuracy, faster status reporting, detailed billing information, and fewer delays in arrival time. These are just a few of the ways your customers and your employees will enjoy GPS tracking. “You can’t manage what you don’t measure”. Nothing is more true than when discussing a business with a commercial fleet. Waste and inefficiencies come in many forms.
- Excessive idle times
- Poor driver routing
- Personal or unauthorized vehicle use
- Late start to workdays or excessive lunch breaks
- Gasoline theft
- Speeding and unsafe driving practices
- False or exaggerated overtime timesheets
- Theft of company assets
- Liability risk
With the current economic conditions throughout the United States being at a all time low, is the idea of tracking your companies fleet vehicles a proposition that you should consider.Cost vs. Cost Savings. That is the question here. As work slows down in this economy would the ability to track your fleet vehicles be worth the upfront cost and the ongoing monthly cost.When you look at a real-time tracking AVL (Automatic Vehicle Locator) the question isn’t always the upfront cost of the hardware ($199 – $399 per unit), but the ongoing monthly monitoring cost ($14.95 – $49.95 per month). This may not sound like much in the scheme of things, but when added to 20 -30 trucks the costs can add up quickly.Advantages of a real-time tracking system:
- Locate your vehicles Real-time
- Dispatch Capabilities
- Lower Insurance
- Quicker Response Time
- Higher Customer Satisfaction
- Lower Maintenance Cost
- Lower fuel cost
These plus having the ability to maintain employee overtime and payroll cost gives a pretty good nudge to say yes to Fleet TrackingNow for the down side:
- Up front cost
- Monthly Monitoring
- Employee tempering
- Technology changing
- Follow up
When you weigh the pros and cons of Fleet tracking, and if used properly, the thought of keeping you share of the local business market with better response and lowering your overall companies cost of maintaining a fleet makes sense to track your vehicles.Companies sometime have trouble making decision on the ROI of a tracking system, they get lost in the paralysis by analysis loop.Sit down and write out the pros and cons and see if you can find the right reason for your company to track their vehicles.