The trucking industry drives the economy, literally.
Trucking fleets carry more than 70 percent of the freight that is transported throughout the U.S. Since so much cargo is being transported by tractor trailers, it is critical that trucking companies manage their fleets with as much efficiency as possible by keeping their expenses low and productivity high. Today, many trucking fleets are achieving this through the power of the Internet of Things (IoT).
Businesses in a wide range of industries are eagerly adopting IoT technology, and the trucking industry is no exception. Experts predict that 80 billion IoT devices will be online by 2025. All of these devices will be generating a great quantity of data – perhaps as much as 180 zettabytes. Companies are leveraging this wealth of data to improve customer service, increase productivity, reduce operating costs and automate processes.
In addition to these advantages, trucking companies that want to upgrade their fleets with IoT can further leverage the technology to increase safety and provide greater product and asset visibility.
Here are some innovative ways trucking fleets are using the IoT.
- IoT sensors
Sensors that are attached to rigs are able to collect valuable data about the vehicle. This data can then be used to gain useful insights to track, monitor, analyze and maintain all assets in real-time, wherever they are in the network.
- Sensor data and condition monitoring
Sensors collect and transmit key data to a central location, enabling fleets to monitor the condition of their trucks. For example, if the tire pressure on a vehicle gets low, an alert can be sent to the driver or maintenance shop so the tire can be properly inflated before there is a blow-out on the freeway.
- Data analysis
IoT and sensor data is useful for more than identifying maintenance issues. Data can be used to track patterns and needed areas for improvement. For example, if a certain brand or type of battery is dying too quickly, a report can detect the issue quicker than in the past.
- New business processes
IoT can help your company optimize your day-to-day operations. The types of logistics optimizations that could be impacted include:
- Enhancing delivery strategies
- Cutting travel costs
- Reducing emissions
- Routing optimization
- Reduce tolls and fees
- Fuel conservation.