The need for efficient management of assets has become critically important, especially in the ever-evolving area of business and technology. Asset tracking has emerged as a major tool for organizations across any number of industries to simplify operations, increase security, and make the most of resources.
Together, let’s look into the use of asset tracking, exploring its importance, and shedding light on the workings of GPS asset tracking systems and devices.
GPS fleet and asset tracking involves a management system comprised of GPS satellites, cellular networks, and cloud-based fleet tracking software. The purpose is to monitor real-time positions, movement, status, and condition data for powered vehicles as well as non-powered assets such as trailers or containers.
These systems go beyond simply putting dots on a map. For example, fleet tracking provides fleet managers with valuable insights into driver behavior, fuel consumption, route planning, and maintenance needs. Asset tracking targets unpowered equipment using battery- or solar-powered devices that send periodic location updates mainly to prevent theft or unauthorized use. Most modern trucking companies need both systems because the typical fleet consists of trucks as well as trailers and other non-powered equipment.
One of the biggest advancements in asset tracking technology is the use of Global Positioning System (GPS) technology. GPS asset tracking systems use satellite signals to determine the precise location of assets in real time. This innovation has revolutionized asset management by providing accurate and up-to-date information about the whereabouts of their valuable resources.
The main difference between fleet tracking and asset tracking — beyond the equipment they’re used to monitor — is the devices used for each approach. Because they’re used on trucks and other vehicles with their own electrical systems, fleet tracking devices typically are hardwired or connect to the vehicle’s OBD-II port to draw power from the vehicle. On the other hand, asset trackers rely on long-life internal batteries or solar charging because they’re attached to assets that usually don’t have a power supply.
Track Your Truck offers hardwired GPS devices as well as OBD plug-in trackers for vehicles. We also provide dedicated trailer and equipment trackers specifically for non-powered assets. The NetTrack software platform connects both fleet and asset tracking data on a single dashboard, giving managers a complete look into their operations. Our software is built to display fleet vehicle and asset positions on a single map for easy access to insights.
The fundamental principle behind GPS asset tracking is the use of a network of satellites orbiting the Earth. GPS tracking devices installed on assets communicate with these satellites to determine their exact location. The devices receive signals from satellites, allowing them to triangulate their position with remarkable accuracy.
GPS tracking devices not only receive signals but also transmit data such as: location coordinates, speed, and direction to a central database or server. This information is then accessible to authorized personnel through a user-friendly interface, usually in the form of a web-based application or software.
The real power of GPS asset tracking is in its ability to provide real-time monitoring. Users can track the movement of assets as it happens, allowing them to respond promptly to any deviations from planned routes or unexpected incidents. This real-time visibility improves decision-making and assists with a proactive approach to asset and fleet management.
GPS asset tracking systems can incorporate geofencing capabilities. Geofencing allows organizations to define virtual boundaries on a map. When an asset enters or exits these predefined areas, alerts are triggered. This feature is invaluable for increasing security, preventing unauthorized use, and assisting route planning.
Beyond real-time tracking, GPS asset tracking systems store historical data. This historical information can be analyzed to identify usage patterns, assess asset performance, and make data-driven decisions for future planning and resource allocation.
Live GPS tracking data and route navigation tools enable drivers to avoid traffic jams, reduce unnecessary mileage, and plan the most-efficient routes. According to Verizon, fleets that use GPS tracking report a 13% decrease in vehicle idling, which can be a significant cause of wasted fuel.
By monitoring signs of irresponsible driver behavior such as speeding, harsh braking, or rapid acceleration, GPS tracking systems enable fleet managers to coach their drivers on developing safer habits. Verizon says fleets that use GPS tracking reduce harsh driving events by 15%.
GPS tracking increases security by providing real-time alerts for unauthorized access or movement of assets with geofencing. In case of theft, the precise location of the asset can be quickly determined, helping with its recovery. Customizable alerts can notify fleet managers the moment equipment is moved when it shouldn’t be.
Our GPS systems can track engine hours, mileage, and diagnostic codes that trigger automated maintenance alerts. This gives fleets the opportunity to perform preventive maintenance that means fewer roadside breakdowns and extend vehicle lifespans.
Compliance is an important consideration for fleets. The FMCSA requires that most commercial motor vehicle drivers use certified Electronic Logging Devices (ELD) to record driving hours, vehicle location, and engine status. Having GPS fleet tracking that integrates with ELDs makes compliance automatic, eliminating the need for manual data entry. This integration captures Hours of Service data directly from the engine computer, reducing the risk of forgotten or falsified record-keeping. These records can be presented immediately during roadside inspections, as well. GPS tracking also supports International Fuel Tax Agreement reporting by automatically logging miles driven in each state or jurisdiction, simplifying the process of filing quarterly fuel taxes for fleets.
Active tracking systems transmit location data constantly over a cellular network, which is how fleet tracking delivers real-time updates. Passive tracking stores data on the device to be retrieved at a later time. Fleets use active tracking because the real-time visibility is what drives operational improvements.
Tracking with GPS is legal in all 50 states for company-owned vehicles during work hours, as long as employees are notified in advance. Certain states including California, New York, and Connecticut have requirements for notifications, but the best practice is to include a GPS tracking disclosure in the employee handbook and communicate that it is a tool used to protect the driver as well as the company.
The time to install GPS devices depends on the type of device. OBD plug-in devices take under two minutes with zero tools, whereas hardwired devices take about 30 to 60 minutes for a professional installation. Track Your Truck provides installation guidance and free devices with all plans, so there’s no upfront hardware costs.
Yes, trucks need hardwired or OBD-II devices, while trailers and equipment should be equipped with battery-powered asset trackers. All Track Your Truck devices feed information into the NetTrack dashboard, providing fleet managers with a unified view of all their fleet vehicles and assets.
Elevate your business efficiency with Track Your Truck‘s cutting-edge fleet GPS vehicle tracking solutions. Our customizable systems help you efficiently manage assets, slash operational costs, and boost productivity. Trust our industry expertise for personalized solutions and top-quality devices that align with your operational needs and budget. Dial 888-434-3848 or use our online form for a quote, paving the way for seamless asset tracking and transformative operational success.
