Why Businesses Need GPS Tracking Services

Henn: There are 20 million commercial vehicles in the U.S. and only 2 million of those vehicles use fleet tracking technology, according to industry reports. In the case of Navman Wireless specifically, the company tracks 140,000 vehicles with 14,000 customers globally. That's a gain of 80,000 vehicles in five years, so our market share is growing rapidly as more people become aware of the benefits and as smaller competitors disappear.

Especially with today's gas prices, why is it important to use GPS tracking?

Henn: We have businesses that have saved $40,000 tracking only nine vehicles in one year and another business saving at a minimum of $36,000 per year tracking only 12 vehicles.

Provider not only cut their annual fuel costs by $50,000, but they also eliminated $400,000 in inaccurate or inflated driver timesheets and associated pay. This was achieved because drivers now punch in and out of a messaging terminal in their vehicles for accurate time reporting, and because the system makes it possible to draw virtual perimeters around each driver's home to monitor when a vehicle is being used outside of work hours.

How much does it cost?