Telematics for Owner Operators & Small Fleets
Posted on August 27, 2018
Many owner operators and small fleets discount telematics, as large fleets are often construed as the primary buyers. However, this doesn’t mean smaller operations can’t benefit from telematics. The data provides valuable feedback for drivers and fleets, regardless of size. Telematics solutions can track acceleration, driver speed, fuel economy, idling time and braking metrics. Telematics can provide exact location data for all vehicles and trailers, extremely beneficial in the event of a stolen truck or lost trailer. Many small fleets write off telematics because they are often considered large scale applications and come with an equally large price tag. However, there are many cost effective solutions today, and even basic smartphone apps, that drivers and managers can use to obtain Telematics data. While a smartphone app alone would be cumbersome for larger fleets, a manager of a small fleet can track the data for a few trucks from the palm of their hand.
More robust Telematics solutions, from organizations like Lynx Telematics and DriverCheck offer some highly advanced features, though many of these organizations also offer an owner operator version of this technology. Here is sampling of features available from the DriverCheck Telematics solution:
• Driver Behavior-harsh brake/fast acceleration/speeding
• Posted speed limit analysis
• Maintenance alerts and reports
• GIS map integration
• 3rd party vendor software integration
• Driver ID
• Panic Button
• PTO/Accentuator Monitoring
• Unlimited user(s) access from any internet connected device
• Idle and start stop driving reports
• Client customization reports
• Email/text message event based alert notification
Though pricing and features vary widely, costs for Telematics can range from under $14 per month for one truck, to over $40 per month per vehicle.
Owner operators and smaller fleets need to embrace newer technologies to stay competitive. As functionality increases and costs decrease, even the smallest trucking firms can improve operations and profitability by utilizing these cloud based solutions. To learn more about mitigating your trucking risk, contact the experts at Interstate Motor Carriers.
by Andrew in Owner Operators, Trucking Insurance | 0 comments