Exploring the Power of Data: Unveiling New Perspectives on Fleet Management
Vignan Velivela, the CEO and co-founder of AtoB, highlights the notable hurdles that fleet managers are currently grappling with and how data can unlock valuable insights into their operations.
According to Velivela, logistics firms and trucking businesses are navigating a sea of uncertainty regarding both their industry’s future and the broader economy. Though, there’s a silver lining: optimism is brewing due to anticipated growth in U.S. manufacturing over the next few years.
He emphasizes that technology will be pivotal as the transportation sector adapts to market shifts. The sheer volume of data generated by trucking fleets is staggering. By harnessing this information effectively, companies can enhance their strategic planning—think smarter fuel purchasing decisions or more efficient maintenance schedules.
The journey toward embracing modern technology isn’t easy for an industry known for its slow pace of change.Velivela recalls a time when many were hesitant about adopting electronic logging devices (ELDs) two decades ago. Fast forward to today, and it’s hard to find a trucking company that would consider operating without them; they’ve recognized ELDs as essential tools for improving safety and operational efficiency—a clear sign of digital transformation taking root.
Having access to critical data like fuel costs, payroll expenses, and insurance rates empowers fleets to fine-tune their operations substantially. As Velivela puts it, “the efficiency of your fleet could mean the difference between profitability or shutting down.” Technologies such as onboard cameras and telematics systems not only help lower insurance premiums but also bolster safety measures on the road. “these transformative changes enhance fleet resilience,” he adds.
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