How Fleet Management & GPS Tracking Can Save You Millions

Online, February 17, 2012 (Newswire.com) - Did you know that last year there were over 1.2 million vehicles stolen in the US alone? That's a vehicle stolen every 24.2 seconds! The estimated value of these stolen assets were a staggering $7.6 billion. Not only can GPS tracking and fleet management software cut your company costs, but they can also protect your assets at all times.

The most common uses for GPS tracking systems include: vehicle tracking, asset management, fleet management, child tracking, surveillance, stolen vehicle recovery, driver dispatching, field service management, and heavy equipment monitoring. With so many ways to monitor, track, and protect your valuable assets, it's no reason so many Fortune 500 companies as well as small to medium sized businesses count on this technology to aid them with their operations.

Benefits include reduction of fuel costs, increased productivity, lower operating costs, reduce vehicle expenses, improve customer service, and pay less insurance. The top industries that benefit the most from fleet management are Transportation, Delivery, Automotive Dealerships, Law Enforcement, Towing, Rentals, Waste Management, and Home Services.

A few interesting facts are that assets equipped with GPS tracking devices are recovered 9 out of 10 times or 90% of the time versus other methods, the average time to return a stolen vehicle is just 24 hours, and over $4 million worth of assets are stolen on a daily basis. The top 10 stolen vehicles in the United States are the Honda Civic, Honda Accord, Toyota Camry, Ford F-150, Chevy 1500, Acura Integra, Dodge Ram, Nissan Sentra, Toyota Pickup, and Toyota Corolla.

States with the highest number of reported stolen vehicles are Texas, Florida, North Carolina, Georgia, and South Carolina. These are states where companies are at greater risk when operating, especially in the transportation industry. With statistics like these, it's truly an obvious decision as to why your company should implement a fleet management and GPS tracking solution.

If you're a fleet manager and would like to get a free evaluation, get in touch with GPS North America today for the best possible rates.