Automotive Fleet, December 2020
Undeniable cost savings According to our survey 44 of businesses said cost was one of their biggest business challenges followed by lack of quality technicians and customer demands at 40 Users of fleet tracking technology have shown remarkable benefits in these and other KPIs Across all industries GPS tracking users decreased fuel costs by an average of 8 Users also saw an average decrease of 11 in accident costs and a decrease in overall labor costs of 10 Accident cost reduction In the transportation industry 63 saw improved productivity as a potential benefit of GPS fleet tracking technology 50 saw better customer service and improved routing as potential benefits Timely vehicle maintenance and reduction in labor cost were the other expected benefits with nearly 40 reporting positive trends in these areas 10 verizonconnect com All industries Transportation Government Construction Services 8 10 6 8 9 11 14 7 14 8 10 9 5 10 15 Fuel cost reduction Labor cost reduction
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