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4 Reasons Why Trailer Tracking Benefits Companies
Did you know that the average company spends 15% of its budget on transportation and logistics? This figure is expected to grow exponentially with the increasing complexity of the transportation industry, coupled with rising operational costs. This has sparked the need for companies to actively seek ways – for instance, through trailer tracking – to streamline their operations. While trailer tracking is a relatively new solution, it has already started reaping substantial benefits not just for trailer owners, but depot/port owners as well.
Trailers are frequently referred to as the ‘forgotten asset’ and are often not the highest priority for fleet maintenance and operations. However, we cannot deny the vital role they play in the transportation and logistics process. Essentially, trailers deliver the loads, keeping the prime movers busy and productive on the road. By keeping a trailer in optimal shape, you can maximise your utilisation rate and slash your maintenance costs, contributing to the bottom line.
With the right trailer tracking solution, you can reap numerous benefits – here are four of them.
Why should companies track their trailers?
1. Complete Oversight of Assets
Trailer tracking provides complete visibility of trailers for companies who own them. Since trailers are commonly spread across many locations (depots, warehouses, customer locations, etc.) and far outnumber prime movers, it is usually harder to track their last known location. Hence, having access to a centralised platform that displays all relevant data can put their minds at ease.
2. Improved Preventive Maintenance
Fleets that don’t actively manage maintenance for these trailer assets could miss detection of existing and apparent issues, resulting in unnecessary downtime, delivery delays, and accidents, thus leading to costly downtime. Our trailer tracking platform helps customers keep track of their maintenance log digitally and sends reminders/alerts to the companies when servicing is needed. These include annual compliance inspections, preventive maintenance for wheels, lights, braking systems, suspension systems, body repairs and more to ensure road compliance.
3. Better Trailer Utilisation
When a company owns many trailers, knowing how and when to utilise them is paramount to achieving cost efficiency. Trailer tracking improves trailer utilisation rate by ensuring that no trailer is underused, making planning and operation processes much easier and more efficient. By maximising uptime and productivity of the fleet, managers are also preserving and amplifying savings to their bottom line. There are many different types of trailers used by various companies. Trailer tracking can help fleet drivers understand the trailer type and deploy them efficiently for cargo transportation.
4. Increased Efficiency at Depots/Ports
For depot/port operators, our trailer tracking system provides the data for them to manage their operations efficiently. With gate readers planted at the entrances and exits of the port/depot, gate-in and gate-out readings can be recorded to assist with planning of pick-up or drop-off schedule. In addition, depot owners will also benefit from knowing how many trailers are in their building and of which how many belong to them. As a result, they can look forward to improved visibility, reduced traffic congestion, improved overall turnaround time and lower carbon emissions at the depots/ports.
With the amount of cargo that needs to be transported every day, it only makes sense that companies want to track their trailers. No matter the type of industry, they all have the same need for having their cargoes monitored.
While there are quite a few trailer tracking solutions available out there, ATLAS Trailer Tracking System (TTS) goes one step further to bring other merits to users – low maintenance and cost-effectiveness! Compared to other solutions, which usually depend on GPS trackers, ATLAS TTS uses an asset tag as the main trailer tracking device. This asset tag is battery-operated and does not require any form of power source. Thus, this helps to save electricity and consumes less power, making it a suitable, cost-effective solution for companies.
If you wish to one-up your trailer management system today, click here for more details.