Category: Fleet GPS System News

354 posts
Garmin Profits Tripled in First Quarter 2011

Garmin, (GRMN) the industry leader in GPS navigation devices, announced last week that its profit nearly tripled in the first quarter of 2011, driven by sales growth in its core segment that makes GPS systems for cars.

The company has a lot of positive things going for it. It has a solid financial position with reasonable debt levels by most measures. Profits were boosted by an increase in sales at its automotive segment and a lower-than-expected tax rate. Garmin’s revenue increased to $507.8 million from $431.1 million a year earlier. The company earned $95.5 million, or 49 cents per share, compared with a profit of $37.3 million, or 19 cents per share, a year earlier.

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Fleet Tracking Study Shows 25% Reduction in Vehicle Maintenance Costs

Fleet managers who used a GPS fleet tracking system reported a nearly 25% reduction in downtime and costs from maintenance management, according to a recent study published by TrackNet. The results were announced this week in a company press release which also discussed some of the myriad benefits and solutions that a fleet tracking system can provide.

The study mentioned several fleet tracking benefits, including a reduction in fleet maintenance costs and and increased driver safety. In example, driving at 70 mph takes 159% more horsepower and burns excessive fuel when compared to driving 50 to 55 mph. Speeding means more wear and tear on the engine, resulting in higher fuel and maintenance costs. Each mile per hour above the ideal 50 to 55 mph a vehicle drives increases its fuel consumption by 1.5%.

A telematics based GPS fleet tracking system enables fleet managers to monitor speeds and encourage drivers to drive slower, therefore protecting the vehicle fleet.

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Gas Prices Up 99 Cents in One Year

Gas prices are having a huge impact on families and businesses. Thousands of drivers will be hitting the road this weekend for Spring Break and Easter festivities. Many drivers will be carpooling, and some drivers are deciding to skip any long distance road trips altogether.

The national average on Friday April 22, 2011, for a gallon of regular unleaded gas is nearly $3.84 a gallon — up 99 cents from exactly a year ago, according to the AAA Fuel Gauge Report. One year ago gas prices were averaging $2.85. That’s a 35% increase in the past 12 months. There are six states and 27 major US cities where gas has already topped $4 a gallon.

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Ryder Expands Green Fleet of Natural Gas Hybrid Trucks

Ryder is working hard to expand its Green Fleet. The company recently announced it has ordered over 200 trucks powered by compressed natural gas. Ryder’s all-new fleet of hybrid trucks will help the company and its customers to maximize fuel efficiency while minimizing costs, and reduce vehicle emissions – a win-win for the environment and the bottom line.

When traveling at low speeds, the hybrid electric motor supplies power to the truck, resulting in reduced fuel consumption and emissions. According to Ryder, natural gas is a domestic resource and it is 25 percent cleaner than the cleanest diesel. When your company commits to going Green, you demonstrate corporate and environmental responsibility and business savvy.

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FieldLogix Launches the “Lite” Entry-Level GPS Tracking Solution

FieldLogix today announced the launch of a new version of its GPS fleet management system called FieldLogix Lite, an entry-level, real-time GPS vehicle tracking system. You can track one vehicle or manage your entire fleet with FieldLogix Lite at a lower monthly cost than the standard plan.

FieldLogix Lite is an entry-level GPS fleet tracking system that offers a perfect set of features for those who just want basic GPS tracking information at a lower cost. FieldLogix Lite has a basic set of GPS fleet tracking features for companies that want to experience FieldLogix, but are not ready to commit to the full-featured offering. Best of all, FieldLogix Lite users can upgrade the more advanced versions of FieldLogix without having to replace the GPS vehicle tracking devices.

The Lite plan includes:
– Google maps with real-time traffic and satellite views
– A closest vehicle to address search tool for improved dispatching
– Breadcrumb history report
– Stop details report
– Start-end report
– Mileage report
– Idling report
– Restricted zone (geo-fence) alerts
– Device tampering alerts

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GPS Fleet Management Expert Appointed to CA Emergency Medical Services

GPS fleet tracking and fleet management solutions expert Aaron Hamilton was recently appointed by California Governor Jerry Brown to the California Emergency Medical Services Authority (EMSA). Mr. Hamilton was chosen by the Governor to enhance EMSA’s ability to utilize emerging communications and GPS tracking technology to respond to serious emergencies and potential terrorist threats, according to a press release.

This is a very important appointment by the Governor, as it recognizes Aaron as a leader in GPS fleet tracking. According to the Governor’s office, ” Aaron very may well be the foremost expert in GPS-based fleet deployment and management technologies.”

Hamilton is CEO of GPS Logic, a California-based GPS software technology company. In this role, Mr. Hamilton is the lead technology engineer responsible for all GPS fleet management and mobile data communications architecture and software. Through GPS Logic, Hamilton’s software systems have been recognized by nationally known leaders from government and business for their cutting edge innovations and advancements in GPS tracking, web and mobile gateway technologies.

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How Can a GPS Fleet Management System Help My Company?

Reduce Operating Costs. By monitoring activities like speeding or excessive idling you can not only save fuel, but reduce damage done to the engine, brakes and tires. An added bonus is you can also reduce vehicle green house gas emissions. Reduce Fuel and Vehicle Maintenance Costs. The average operating cost per vehicle is about $1.50 […]

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Gas Prices Reach Highest Price Ever in Month of March

Today the US average for a gallon of unleaded gas is $3.584, according to the AAA Fuel Gauge Report. Gas prices have risen 4 cents in the past week. Gas prices are up 74 cents from one year ago. Prices are at their highest level since 2008, in part because of the Japan earthquake and turmoil in the oil-producing Middle East. Gas price reached the highest price ever recorded during the month of March, according to ABC News. The state averages for a gallon of gas topped $4 in California, Alaska and Hawaii.

Oil futures settled today at $103.98 after reaching a high of $105.76 earlier in trading. On Friday, oil futures settled at $105.40 a barrel, the third consecutive day above $105, according to the Chicago Mercantile Exchange Group.

Continuing unrest in Libya as well as other North African and Middle Eastern countries has led to the highest crude oil prices since 2008. As a result, the US Energy Administration has raised its forecast for the average cost of crude oil to refiners to $105 per barrel in 2011, $14 higher than its previous price estimate.

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200 Trucking Companies Sued Over GPS Patent Rights

Over 200 trucking companies were named as defendants last week in a lawsuit filed over patent infringement for GPS-based vehicle tracking technology by PJC Logistics. According to recent legal documents filed in 8 federal court districts across the US, PJC Logistics LLC is claiming to be the sole owner of the GPS vehicle tracking technology patent, and that other users of the GPS vehicle tracking technology are doing so without legal permission. PJC Logistics is claiming that each of the carriers they are suing either “uses or directs others to use its electronic location-based fleet management and tracking system in its fleet of vehicles.”

211 trucking companies are named as defendants in the lawsuit, but many more companies are reported to actually be using the fleet management technology. No one knows why certain companies are being targeted, while others are not. The legal documents do not disclose the basis for selecting carriers.

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Increase Productivity With New Fleet Management Tech

Would you like to improve customer service, reduce your operating costs, have more control of your employees and assets, and “go green” by reducing your vehicle emissions? There are a number of cost-effective solutions available to help fleets increase productivity, improve driver safety, and ensure fleet operations run as efficiently as possible.

A telematics-based GPS fleet management system can increase the profitability and productivity of any company with mobile employees, vehicles or other mobile assets. A growing number of fleets are turning to GPS tracking systems as the most cost-effective tool to curb excessive idling and other fuel-inefficient driver behaviors.

Verizon Inc. successfully reduced fuel costs by curbing unnecessary engine idling, according to Automotive Fleet. Verizon estimates unnecessary idling costs the telecommunications company about $20 million annually. Verizon uses a combination of GPS tracking and employee education to curb unnecessary engine idling.

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GPS Tracking Catches Employee Driving to Mexico in Company Truck

GPS tracking devices are often used to catch employees doing things they aren’t supposed to be doing. “We’ve seen several instances where managers had no idea what their employees were up to during work hours,” according to FieldLogix, an industry leading GPS fleet tracking system. One afternoon in San Diego, CA, a driver for Artic […]

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Google Maps Nav Update Means No More Sitting in Traffic

Looks like wasting time sitting in traffic is going to be a thing of the past, thanks a recent update to Google Maps Navigation for Android. Now, if you’re driving and there is traffic up ahead, the Google Maps Navigation app will automatically route you around the congested roads. Appropriately, the new feature is called “Route Around.”

Route Around gives drivers the most efficient route, automatically taking real-time traffic into consideration. According to Marissa Mayer, Google’s vice president of consumer services, “People drive more than 35 million miles a day while being assisted by Google Maps Navigation. The Route Around feature currently saves users two years of drive time every day, or about 12 million miles per year.

Prior to the update, the app had the ability to display traffic information, but you had to manually input an alternate route. Route Around replaces the old method of navigating a driver to a route that was technically the quickest, but didn’t take traffic conditions into consideration.

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High Gas Prices Negatively Impacting Business Profits

Recently Price Lock and Automotive Fleet partnered to conduct a survey to gain insight on businesses’ views on fuel pricing, its impact on their fuel budgets and any steps they may have taken to proactively manage volatile gas prices. The survey said the two biggest issues for fleets are fuel efficiency and lack of control over gas costs.

What’s interesting about these results is that gas prices have risen almost $.40 since the polling ended. (The survey was conducted form January 20, 2011 to February 18, 2011.) If companies were feeling the pain at the gas pump a month ago, when gas prices were much less, then they really must be concerned now.

The results of the survey showed that 99% of respondents are concerned with fuel prices in 2011. 65% of survey respondents said that they were forced to absorb higher fuel costs, but only 16% are able to pass the increased costs onto the customer.

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Gas Prices Spike, Obama Says May Tap Oil Reserves

Gas prices on Friday March 11,2011 are at $3.542 for a gallon of regular unleaded, according to the AAA Fuel Gauge Report, up 76 cents a gallon from a year ago. Global oil prices have risen about 36 percent over the past year. People are getting more anxious because there is no relief in sight.

Violence in Libya has cut that nation’s oil production by 1 million barrels a day from its usual 1.7 million barrels. Rumors that the violence is spreading into Saudi Arabia, the world’s biggest oil producer at 10 million barrels a day, is another big worry.

President Obama addressing frantic appeals from lawmakers to do something in response to rising gas prices, said Friday he is “prepared” to tap into the country’s ample oil reserve if necessary. Obama also said he encourages domestic drilling in a responsible way.

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AAA Fuel Data Says Gas Prices Have Increased 43 Cents Since Last Month

Gas prices are up 76 cents a gallon from a year ago. Libya’s civil war in North Africa and lingering anxiety over potential political unrest in oil-rich Middle East nations is a huge reason for the price increase.

Gas is more expensive on the West Coast than any other place in the US. One month ago, the national average gas price was at $3.115. Gas prices today are at $3.542, an increase of nearly 43 cents.

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Japan Earthquake a Valuable Lesson for Pac. Northwest

Seismologist Tim Melbourne says the Pacific  Northwest will see a major earthquake within two generations, based on recent scientific data that he’s collected. Many seismologists are saying it’s only a matter of time before Seattle or San Francisco sees an earthquake on the magnitude as the one in Japan, according to NPR. Melbourne, a professor […]

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Obama Speaks to Nation About Rising Gas Prices

March 7, 2011, San Diego – Obama addressed the nation this morning about rising gas prices. Here is a summary of what he said…

‘In an economy that relies on oil, everybody is effected by the recent rises in gas prices – farmers, truck drivers, restaurants, doctors, lawyers. Businesses feel it in their bottom line and consumers feel the pinch at the pump. For Americans already facing tough times, it’s a new burden.

Today as global demand is increasing, and turmoil in North Africa and the Middle East escalates, gas prices are rising again due to tightened supply.

But rising gas prices are not a new phenomenon. Three years age before the recession hit, a combination of factors including rising demand from China, gas rose to $4 a gallon. Then worldwide recession and a decrease in demand pushed prices back down.

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Rising Gas Prices Means Businesses Must Be More Efficient

Many small businesses say that as much as skyrocketing gas prices are cutting the bottom line, they’re doing everything they can not to raise prices — yet. Instead, businesses are realizing they can no longer overlook opportunities to reduce costs and increase efficiency.

Cost savings initiatives include routing optimization, using more fuel efficient cars and trucks, considering other fuel alternatives, investing in fleet tracking technology and, in at least one case, using hedges to offset rising costs.

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