REPORT

8 problems trailer IoT technology solves for fleets

Trailer IoT technology helps fleet managers regain control, improve utilization and make smarter decisions

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8 problems trailer IoT technology solves for fleets
REPORT OVERVIEW
Key stats
  • 83% of fleet operators now use IoT technology in some form, and over half report achieving full ROI within 18 months of deployment 
  • 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 utilization 
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 income 
  • Camera cargo sensors allow managers to remotely view interior photos or use AI image recognition to determine load levels 
Real-world examples
  • Optimizing trailer utilization can reduce total fleet mileage by up to 12% 
  • 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