Key stats
- 83% of fleet operators now use IoT technology in some form, and over half report achieving full ROI within 18 months of deploymentÂ
- Fleets using IoT technology typically cut operating costs by up to 10% per year thanks to improved routing, visibility and asset utilization
- The average trailer-to-truck ratio in the US dropped from 2.9 to 2.71 between 2020 and 2022, meaning fleets are relying more on efficiency and utilizationÂ
What you’ll learn
- Trailer IoT technology helps fleet managers regain control, improve utilization and make smarter decisions based on data instead of guesswork.
- Pinpointing underused trailers can bring them back into rotation faster, reduce unnecessary purchases and keep equipment generating incomeÂ
- Camera cargo sensors allow managers to remotely view interior photos or use AI image recognition to determine load levelsÂ
Real-world examples
- Optimizing trailer utilization can reduce total fleet mileage by up to 12%Â
- Idle trailers sitting for days at a customer’s site tie up capital and reduce revenue potential
- Detention remains one of the top five concerns for trucking operations, with average delays increasing 27% between 2014 and 2023
