ELD Benefits for Fleet Management Beyond Compliance

ELD Benefits for Fleet Management Beyond Compliance

When it comes to fleet management, there are many numerous benefits for the fleet owners and fleet managers for overseeing enterprise-sized fleet operations. Integrating ELD properly can streamline fleet operations, reduce maintenance costs, increase productivity, and enhance the business’s bottom line.

ELD solutions can effectively improve fleet safety, efficiency, and sustainability.

Electronic Logging Device mandate was intuitively designed to keep drivers and others safe on the road.

How ELD Solution Enhances Fleet Management

An ELD solution enables to record the Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS). HOS rule determines the maximum working hours a fleet operator can work before taking a mandated break. It also looks into the number of hours a fleet driver can be on-duty and off-duty per week.

An ELD device records the data accurately and seamlessly. It also enables to record other data critical to fleet management.

ELD devices equipped with built-in GPS tracking and accelerometers can record real-time fleet data, duty status, HOS, engine speed, fuel usage, safety-related events, etc.

In this post, let us see the amazing benefits of ELD beyond compliance:

Minimizing Administrative Burden

As ELD can automatically track and record vehicle movement, it enables to take out a lot of administrative burdens and monotonous paperwork. With ELD, it is feasible to track and record Hours of Service and to save and store them. Thus, it saves time, cost, and effort, which fleet managers can spend on carrying out other core administrative tasks.

Improved Diagnostics

Integrating ELD enables to have a bird’s eye view on the fleet health by continuously monitoring the fleet conditions. The concerned ELD can directly access the vehicle’s faults when connected to a diagnostic port. Every fleet issue, maintenance requirement can be thus observed with accuracy and real-time reports.

Minimal Fuel Wastage

ELD allows monitoring the idle-time tracking. Thus, fleet managers can easily identify the time each driver spends idling and for how long or how frequently. Fleet managers can save thousands of dollars every month by keeping an eye on excessive idling and reducing fuel wastage.

Location Tracking and Optimized Routes

ELD enables fleet managers to efficiently monitor fleets using a GPS tracker. It enables fleet managers to have real-time fleet visibility, enhances productivity, and reduces distractions. Fleet managers can stay updated about the fleet location and enable fleet drivers and managers to plan the shortest and most optimized routes.

Better route management can thus streamline fleet operations and make it more productive and efficient.

Reducing Fleet Liabilities

Accidents can occur at any time, and there can be instances where fleet managers have to deal with lawsuits every now and then. When the fault is not in the hands of your fleet driver, then ELD data can be presented as evidence. As it records all fleet movement, ELD can prove that there is no hard cornering, no violation, no rash driving, etc., and reduce complications.

IFTA Calculations Simplified

One of ELD’s significant benefits is its simplification of the IFTA calculation process. As fleets have to file IFTA at the end of every quarter, it is an extremely burdensome process that involves a lot of paperwork and is prone to human errors.

Integrating ELD can automate the whole IFTA calculation, thus reducing the administrative burden and operational costs.

Final Thoughts

Electronic logging devices, or ELDs, can aid fleets in streamlining their operations, boosting productivity, maximizing revenues, and investigating new business options. Additionally, fleet companies can expand considerably more quickly because of the data that ELDs collect. After all, the proper data sets help in your exploration of growth prospects.