Thousands of trailers are lost every year. Some are misplaced for months on end; others are hijacked along with their cargo. It’s an expensive cost of doing business for the trucking industry. Even the oldest operational trailer can be valued at $5,000 or more, and the cost of missing cargo, insurance premiums, and lost contracts can be astronomical. Many carriers have found it’s more cost effective to track trailers with modern electronics.
How Can Tractors & Trailers be Tracked?
Trailers can be tracked via satellite, cell coverage, or both. The systems can be powered by battery, solar, or by the tractor. The average system can range from less than $600 to more than $1000 and can be installed in about an hour. Avoiding the loss of even a small percentage of a fleet of trailers pays for itself. And most systems offer other cost-savings advantages besides tracking.
Advantages of Tracking
Fuel reporting and route efficiency – Tracking systems can be used to monitor fuel consumption and recommend the best routes.
Inform customers – End users can be made aware of the progress of their delivery, as well as its arrival.
Retain drivers – There may be nothing more frustrating to a driver than time wasted locating a trailer. In general, tracking improves routing and saves drivers’ time.
Limit warehousing – A trailer is only profitable when it’s hauling goods. Those who attempt to expand warehouse space by using carriers trailers will have a hard time of it.
Secure favorable contracts – Data provided by tracking can be used to negotiate contracts.
Improve maintenance and safety–Tracking odometer readings inform maintenance scheduling better than a calendar alone. Real-time sharing of tire pressure, engine temperature, lift doors ajar, and much more are possible.
The trucking industry has moved into the twenty-first century with trailer tracking and more. In an industry where a fraction of a cent multiplied by millions of miles can be the difference in a profit or loss, big data is the perfect answer. It’s no longer wise or prudent to manage systems by hand by making notes on a clipboard. Tracking trailers, and information, can make the industry safer, more time efficient, friendlier to drivers, and more profitable. The industry is on the right track.