Image credit: Transmetrics
Trucking fleet management can be a tedious task, often involving manual spreadsheets and repetitive data entry.
Among a myriad of challenges facing fleet owners is rising fuel costs, which make route optimization and efficiency top of mind for managers.
Transmetrics, which provides artificial intelligence (AI)-powered logistics solutions to logistics enterprises like DHL Kuehne+Nagel, and DB Schenker, has announced a new tool aimed at solving pain points for vehicle fleet owners.
FleetMetrics integrates data across fleet management systems — such as Telematics, TMS, fuel & toll transactions, etc. — providing organizations with unprecedented operational and cost visibility.
The tool helps companies deal with long-standing or half-solved problems, by enabling automated, data-driven decision-making and ensuring better and faster results.
It covers many vehicle types, from 7.5-ton solo trucks to 40-ton tractor-trailer combinations, helping businesses control significant transport-related expenses like fuel, tolls, and operational costs.
Тhis approach, said the company in a statement, greatly improves operational efficiency, allowing trucking businesses to optimize their processes and make well-informed decisions with confidence, thanks to the extensive suite of features, including:
“FleetMetrics is more than just a product – it’s an innovation that will change how trucking companies can manage their fleets. It provides them with the tools to improve their operations, increase their revenue, and boost their profitability like never before.” shares Asparuh Koev, CEO of Transmetrics.
“Our pilot customers have already seen significant benefits with FleetMetrics, including generating revenue from their data, automating tasks, improving fleet KPIs, and enhancing profitability,” he added.
The implementation process typically takes 1-2 months, from initial setup to full operational integration, depending on the compatibility with the organization’s existing telematics and transportation management systems (TMS).
Disclosure: This article mentions a client of an Espacio portfolio company.
This week Medellin, recipient of Citi and Wall Street Journal's innovative "City of the Year"…
They say necessity is the mother of invention, and this couldn’t be truer for the…
Govts, institutions use the same 'memetic engineering' tactics they seek to demonize: perspective Memes are…
Reports that German police are encouraging English football fans to enjoy smoking cannabis at the…
Infinant’s growth has been propelled by the evolving banking market and the return of embedded…
Despite the challenging overall market conditions of 2023, continued investments in emerging technologies promise substantial future…