Top 3 Fleet Industry Trends For 2020

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As with any industry, change is constant. To stay ahead of the competition and thrive, there’s the need to adapt. As technology advances, it’s imperative to keep up with the recent fleet trends to ensure efficiency and effectiveness in your industry.

2019 saw a number of technological advancements and trends such as maintenance management, telematics, tracking, talent acquisition and vehicle substitution. As fleet professionals are adopting new strategies and tactics to stay ahead and relevant to improve return on investment (ROI), it’s important to keep up with the latest trends in the fleet industry.

Below are three fleet industry trends for 2020:

Embracing fleet data and technology

Whether it’s GPS, telematics, maintenance and expenses, technology offers a wide range of solutions to fleet professionals and managers. It can be stressful trying to manage drivers and keeping up with data entry, thus, the need to adopt a more flexible and effective approach.

Technology allows fleet managers and professionals to collect data easily and in a more organized manner. Having a way to connect with your drivers and gather data no matter where your vehicles are on the map, is important in the fleet industry.

Data Security

Privacy is important in the fleet industry especially since fleet data is more accessible than ever. As a fleet manager or professional, it’s important you secure sensitive information as it reduces your risk of data breaches.

No matter how effective tools like GPS, telematics and electronic logging devices (ELD) are, it’s always important to have a plan in place to secure all data. Train your team to never share passwords, secure mobile devices and consistently update the software to reduce cyberattacks.

GPS & Telematics

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Although most fleet industries implement telematics as a tracking tool, there is quite a number who don’t. Telematics is a trend that has come to stay and it’ll be a core focus in the industry.

Implementing telematics data with fleet software gives fleet managers the opportunity to receive real-time updates on vehicle performance, driver behaviour and diagnostic trouble codes (DTC). Telematics and GPS will become more useful, creating room for efficient maintenance, scheduling and accuracy.