Geotab continues to set the standard in fleet management solutions and reporting with the release of “In the Driver’s Seat: Maximizing ROI through Data-Driven Insights”.
This is its second report on commercial transportation. Expanded to a global report, this comprehensive edition offers valuable insights into the changing landscape of the commercial transportation industry, providing essential information to address challenges and capitalize on opportunities.
Geotab highlights that the 2024 edition of the report delves deeper into key trends, challenges and potential within the industry, highlighting the critical role of advanced telematics in optimizing fleet operations.
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By leveraging cutting-edge data intelligence and artificial intelligence models, fleets can enhance safety measures, improve productivity and reduce costs amid rising fuel prices, regulatory changes and economic uncertainties.
Key Facts
Fleets using Geotab’s safety features have shown a 40% reduction in crash rates, contributing to improved fleet safety.
Brazil (4%), Italy (5.3%) and Spain (5.7%) experienced the most significant increase in miles driven before a collision. This suggests improvements in safety measures and a decrease in accidents.
Germany (-27%), Portugal (-30%), the United Kingdom (-19%) and the United States (-12.6%) experienced a decrease in miles traveled before a crash, suggesting the need to focus more on safety measures.
The data demonstrates the increasing age of vehicles of all classes, underscoring the importance of predictive maintenance to ensure safe and efficient operations.
With fuel accounting for around 60% of total fleet operating costs, there is a growing need for sustainability initiatives to reduce fuel consumption and carbon emissions.
