GPS telematic solutions could be the future to successfully managing chassis leasing operations, but what are some of the benefits that they offer companies?
Without accurate chassis management, is your company performing to the best of its ability? GPS telematic solutions are increasingly becoming a popular option for a variety of different businesses around the world, and one of the latest industries to take advantage of real-time tracking data of their assets is chassis leasing companies.
When asset tracking first started to become a solid part of intermodal container fleets, many people didn’t consider that the chassis required tracking. Why track the chassis when the container is being tracked? However, once that container is removed from the chassis, it’s effectively left in a period of limbo until it picks up its next container.
GPS telematic solutions allow you to plug the gaps in your system. You’ll know in real-time where your chassis is, where it’s been, where it’s going, how long it took to get there, and, most importantly, whether or not it’s just sitting there empty and doing nothing.
An empty chassis sitting in a loading yard, dockside, or warehouse is costing you money. Accurate GPS telematic solutions for chassis allows you to plan where and when you’ll need to reposition assets as well as locating assets that have been incorrectly returned to the wrong locations.
An interesting study on Southern Californian ports found that the repositioning costs of chassis could run as high as $20 million every year. Whatever way you look at it, that’s a lot of money moving around chassis. Imagine being able to save as much as 10% through GPS telematic solutions? Those savings quickly start to add up to some serious money.
What are the two biggest areas that GPS telematic solutions could help with chassis operations?
- Yard Management – If you can know within a second of pressing a button on your computer, phone, or tablet where every single chassis is in your yard, at warehouses, dockside, in ports, imagine how much easier it would be to plan your day? Your equipment planner or yard planner will know where all assets are at any time during the day with 24/7 real-time asset tracking.
- Real-Time Mileage – Knowing when equipment requires servicing down to the mile will allow you to accurately predict maintenance schedules and prevent undue mechanical repairs or maintenance on chassis that haven’t met their mileage limit. Another important part of real-time mileage and asset tracking is knowing how long your customers are holding onto equipment. If one of your clients is regularly holding chassis for excessive amounts of time, you’ll know exactly how long they’re tying up valuable equipment.
If you can reduce the amount of time spent looking for chassis, undue maintenance costs, and find chassis that are sitting idle in customer warehouses, you’ll start to see some truly impressive cost savings. GPS telematic solutions could allow you to do this!
LandAirSea has a variety of different GPS telematic solutions to suit your chassis operation. Don’t hesitate to contact them to find out how they could help your business reduce costs and increase profits.