How can you increase profit using your fleet's ELD data?
Effectively leveraging the Best ELD Devices can assist in enhancing profit by optimizing operations and improving overall efficiency. Most carriers have used ELD in recent years to comply with the FMCSA's ELD mandate. While many first saw ELDs as a burden, those who picked the correct solution rapidly changed their minds. Because ELD systems, when combined with a quality fleet management solution, may provide unmatched data on a carrier's operations. The appropriate solution can transform this data into actionable insights to help your company boost profitability and grow. Let's understand how a firm increases its profits using the fleet's data. 1. Idle Time Tracking Helps You Save Money on Fuel Gasoline accounts for 24% of operational costs, according to ATRI. This figure has lately climbed as fuel costs have rebounded from their 2016 lows. There are numerous ways to use fleet ELD data, and the Best ELD For Small Fleets helps to reduce fuel use, but id