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Fleet management systems have been around a while and have become so complex that it has evolved into Field Resource Management. This article explores 5 reasons why all fleets need at least a basic Field Resource Management system.
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.
The average price for a gallon of regular gas in the US is $3.96, according to the AAA Fuel Gauge Report. According to the Lundberg Survey, published this weekend, the average price for a gallon of regular gas topped the $4 mark . In July 2008, gas reached a record high price of $4.11. Lundberg says gas prices may have already peaked this season and predicts prices will fluctuate over the next few weeks.
Gas prices have increased every day this week, even though the price of oil has been dropping. The current average for a gallon of regular unleaded gas in the US is $3.98, according to the AAA Fuel Gauge Report.
Wisconsin’s average price for a gallon of regular unleaded gasoline reached a new all-time high of $4.115 today, surpassing the previous record of $4.111 set on July 17, 2008. In Michigan, a gallon of regular gas climbed to $4.26, which tops the states record high price of $4.21, set in July 2008.
In West Virginia, gas prises rose 5 cents to $4.155 per gallon, surpassing the previous all-time high of $4.12 a gallon reached in July 2008. In Indiana, the average price of a gallon of regular gas hit a record high price of $4.25. The previous record high was $4.17 a gallon, set in September 2008.
The New York Mercantile Exchange reported that oil futures settled at $99.80, down $9.44 or 8.6 percent for the day. This is the first time since March 16 that oil prices closed below $100.
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.
Gas prices have risen for the past 42 consecutive business days and have increased 33 cents in the past month, closing in on the record 54 day streak of consecutive increases set from April 28-June 21, 2009 when the price climbed from $2.05 to $2.69 per gallon — an increase of 64 cents. A gallon of regular gas is averaging $3.97 a gallon in the US. This is an increase of 10 cents from one week ago, and $1.07 increase from one year ago.
In the last week, seven states have seen their average price rise to $4 or more for a gallon of regular gasoline, bringing the total to 13 states plus the District of Columbia at or above the $4 mark: Hawaii, California, Connecticut, Illinois, Alaska, New York, Michigan, Indiana, Ohio, Wisconsin, Rhode Island, West Virginia, Washington state and Washington, D.C. Several analysts are predicting that the majority of states will see $4 a gallon gas by the end of the week.
ast week thirty-six tortoises were released into desert near Las Vegas. The endangered desert tortoises were outfitted with small radio transmitters and GPS tracking devices attached to their green and brown shells.
All of the tortoises are being tracked with a VHF radio transmitter roughly the size of a $3 stack of quarters, and 24 of them are also sporting GPS tracking units double the height of a deck of cards but not as wide or long. The portable technology carried by the tortoises will make it easier for the zoo’s workers to learn about the creatures’ movement patterns and habitat conditions.
The San Diego Zoo placed the tortoises in the wild after they were nurtured at the Desert Tortoise Conservation Center, a partnership between the zoo and federal and state agencies. This is the first time a high-tech GPS tracking device has been affixed to the exoskeletal creatures to monitor their movements. In 2009, the San Diego Zoo began partnering with the U.S. Fish and Wildlife Service, which oversaw the Desert Tortoise Conservation Center. Last year, the center released 100 tortoises into the desert.
Last week GPS giant TomTom apologized publicly after it was revealed that the company had sold user’s data to police in the Netherlands. The GPS data was then used to help police set speed traps for motorists.
Because sales from TomTom’s GPS devices has really slowed down, the company has been looking for other ways to maintain revenues. The company has been selling users’ GPS data to several different places, not just the Dutch police.
Chief Executive Harold Goddijn said that he was not aware that the GPS data would be used in the battle against speeding motorists and said the company would change its licensing agreements to stop the practice.
as prices have been rising and there seems to be no end in sight. For many cities across America, current prices are record high for this time of year. Gas prices are over $4 a gallon in 12 states plus the District of Columbia. Most analysts predict $4 will become the norm nationwide by the end of this week.
Gas prices have been on a steady incline since the beginning of February. 2011. With oil prices at their highest levels since 2008, gas prices are expected to continue climbing higher this summer, according to the U.S. Energy Information Association.
A lawsuit was filed last week in Michigan against Google for tracking and storing users’ location data from the Android. The $50 million lawsuit against Google attempts to stop the company from selling phones with software that tracks user location. A similar lawsuit was recently filed against Apple for the same reasons – privacy violations with iPhone’s location data logging process.
Google admitted last week in gathering location-related info, which includes GPS, Wi-Fi addresses, and device IDs, from Android-based devices but explained that this is untraceable to a particular user. For safety purposes, users have the choice to disable GPS tracking, but this will reduce the accuracy of positioning in maps and location-based services.
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