Fleet Management Solution for 50% of New Heavy Trucks by 2009

RNCOS: n the European road transport industry, the soaring prices of oil create demand for fleet management solutions (FMS) A GPS enabled technology, FMS allows large operators of mobile assets to track and communicate with the entire fleet. While the technology is a widely used LBS (Location Based Services) application in developed nations, it is making its impact on developing countries too.

FMS is an advanced technology to track and monitor vehicles through remote sensing. It typically helps to reduce fuel consumption by 5-15%. In 2005 as fuel prices increased by 28% and while this rise is likely to continue in the future, transport companies are strongly stimulated to invest in the FMS technology to keep costs under control. It is predicted that half of the heavy trucks sold in 2009 will incorporate a fleet management solution.

In US currently, nearly 1.9 million GPS/ wireless devices are used to monitor fleet vehicles, trailers, construction equipment and mobile workers. This includes about 1.36 million US fleet vehicles designed with AVL systems.

GPS: Fleet Management Market (2006-2010) Publ 20060329