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Telematics is the integrated use of telecommunications and informatics technologies to transmit, receive, and analyze data from vehicles in real-time. This system combines GPS technology, onboard diagnostics, and wireless communication to provide comprehensive insights into vehicle location, performance, and driver behavior, enabling more efficient and safer fleet management. Key Takeaways Telematics technology powers nearly 775 […]

Fleet management outsourcing has gained significant traction, with over 60% of small businesses now outsourcing their fleet management operations (BusinessFleet). This trend reflects the growing recognition of the potential benefits and challenges associated with delegating fleet responsibilities to external experts. For companies grappling with the decision to outsource or maintain in-house fleet management, understanding the

According to a recent study by Frost & Sullivan, companies that implement fleet benchmarking strategies see an average reduction of 15% in operational costs within the first year. This striking statistic underscores the power of data-driven decision-making in fleet management. Fleet benchmarking is the practice of comparing your fleet’s performance against industry standards and top

Top 10 Fleet Management KPIs to Skyrocket Your Fleet’s Performance Fleet management KPIs are the secret sauce to running a tight ship in the transport biz. An average fleet wastes between 5-10% of its annual budget due to underutilization of assets or poor maintenance compliance. That’s like throwing money out the window of your moving

A recent study by Berg Insight reveals that the number of active fleet management systems in Africa will grow at a compound annual growth rate of 16.4% to reach 7.0 million units by 2025. This explosive growth underscores the critical role of telematics devices in revolutionizing fleet management across the continent, with Nigeria at the

According to a recent study by the Nigerian Bureau of Statistics, the transportation sector contributed 1.84% to Nigeria’s GDP in Q4 2023, highlighting its critical role in the country’s economy. However, fleet managers in Nigeria face a unique set of challenges that can significantly impact their operations and bottom line. From fuel wastage to regulatory

Route planning in fleet management is the process of determining the most efficient paths for vehicles to take to ensure timely and cost-effective deliveries. Studies show that effective route planning can reduce travel time by 15% on average, significantly enhancing operational efficiency. For harsh business environments like Nigeria, optimizing routes is critical for maintaining a

Real-time fleet tracking has moved from being a luxury feature for a select few organizations to a critical necessity for every fleet manager. This article will explore the best practices for implementing GPS tracking systems in your fleet, and how to increase your fleet efficiency, safety, and cost-effectiveness. 1. Assess Your Fleet’s Needs Understand Your