Consider the following scenario: you’re staring into a truck yard full of thousands of trailers that are all the same color, and you have one hour to find ten specific trailers with no idea where to start. Does this sound like a challenge you’ve faced before? Unfortunately, having complete visibility of your assets without the proper tools can be as tricky as finding a needle in a haystack. However, you might have better luck finding the needle than you would with the hand. Transform the odds in your favor by utilizing trailer tracking technology for semi trailer leasing companies Charlotte NC, which allows you to locate and manage your assets around the clock, seven days a week.
The advantages of trailer tracking, on the other hand, go far beyond the detection of a trailer’s location; they are as numerous as the number of miles traveled by the trailer’s tires.
The following are some of the ways that trailer tracking technology can benefit truck rental and leasing companies:
- Billing clients for usage is a more accurate method.
- Customers will be served in a more timely manner.
- You can save time by conducting yard checks from a remote location.
- Preventative maintenance should be scheduled more frequently.
- Asset theft and misappropriation must be reduced, and stolen assets must be recovered.
Rental and leasing companies must be aware of where their equipment is going, who will be using it, and how long it will be on the lease at any given point in time. When using trailer tracking technology, you can better keep track of your data and bill customers more accurately based on the length of their lease and actual engine hours. In addition, because of your level of understanding, you will be able to take a high-level approach to management, allowing you to devote more time to other tasks, such as making data-driven decisions and working more closely with customers.
From any location, you can improve the management of your rental assets.
As depicted in the opening scenario, the inability to track down investment is the worst kind of nightmare, especially when you’re trying to manage from a distance. Trailer tracking technology collects and analyses data to provide truck rental and leasing companies with a complete understanding of their equipment.
You can gain greater visibility into your rental fleet by utilizing remote yard checks.
Any truck rental or leasing company will have customers who forget where they dropped off equipment or where they left a trailer in a truck yard. This is unavoidable. A misplaced trailer can take a long time to locate, and while a single misplaced trailer isn’t a big deal, ten misplaced trailers can add up quickly.
Preventative maintenance should be scheduled more frequently.
However, to improve preventive maintenance scheduling, you must first understand the subject matter. Trailer tracking technology can make this task easier by keeping track of everything electronically.
Is it better to lease or buy a trailer?
Leasing has financial advantages and can be less expensive than owning a semi-trailer in the short term because you are only paying for the use of the semi-trailer and not the vehicle itself. In addition, leasing requires fewer upfront costs and does not impose the same credit restrictions as purchasing.
How does a trailer lease work?
Our costs, as well as the expected depreciation of the item, are covered by a deposit and regular monthly payments you make to use the trailer or float. For this reason, the longer the lease, the lower the monthly payments are for any given trailer or float. It’s your decision.
Should I buy a semi-trailer?
If you’re smart about it, buying a used semi-trailer can save you a tonne of money upfront. It’s a low-risk way to get your foot in the door if you’re thinking about being your boss. If your company is experiencing rapid expansion, this is a great way to expand your fleet at a low cost quickly.
Is it better to lease or finance a semi?
It is less risky to lease a semi-truck than to purchase one outright. Rather than owning and maintaining a truck, leasing provides a more predictable monthly payment and gives you more options in the future.
What is the trucking industry worth in 2021?
The truckload industry in the United States is expected to reach a total market value of over 212 billion dollars in 2021. In addition, it has seen a steady rise in demand for inland freight transportation in the United States in recent years due to rising economic demands.
How can I get high-paying freight loads?
See if you can find a group that represents retail store owners. Next, try the government – If at all possible, secure contracts with the government. The government is a great customer because it provides high-paying loads and pays on time. Some examples of potential clients include the Postal Service and the Military.
How do trucking companies get rich?
It’s a simple equation: the more miles your company travels, the more money it will make. So with 60 trucks, a company will make more money than a one- or two-truck operation.
How do Owner Operators get loads?
Freight brokers can help owner-operators who aren’t interested in leasing their trucks find work. Most of the work for owner-operators is done by freight brokers, who connect them to shippers and determine loads’ rates, times, and locations.
Are there any current market trends in the trucking industry?
According to trends, trucks will move 10.23 billion tonnes of freight in 2020, down from 11.84 billion tonnes the year before. 80.4 percent of the nation’s freight bill was collected by the transportation industry, which generated $732.3 billion in revenue.
Why do truckers quit?
Over the lack of benefits and low wages, truckers say some drivers quit the industry. As a result, most truckers claim that their employers do not pay them for time spent at shippers. Truckers with more than a decade of experience complained, “They’ve chased off all the old-timers.
What is a super trucker?
They can be self-employed drivers, owners, or employees of the companies they work for. They can be a bit of a nuisance. When they’re around, no one else in the room can talk. He’s the one who makes out with the waitresses at the truck stop. Despite their arrogance, they know a great deal about trucking.