Due to the pandemic worldwide, the cargo supply chain gained a lot of scope. But at the same time, distance and other aspects lead to increased cargo theft and sometimes fleet theft too.
According to the National Insurance Crime Bureau, cargo theft ranges from $15 billion to $35 billion annually and continues to rise in the United States.
Studies show that cargo theft is persistently increasing and hence, preventing theft and securing fleets are of utmost importance. Fleet managers need to have continuous communication regarding dispatched cargo, and drivers need to be aware of the risk and secure unattended cargo. Tangerine provides a quick and cost effective solution for asset theft through telematics backed by IoT and artificial intelligence.
○ Enhancing visibility :
GPS mechanisms and telematics in fleets have gained utmost importance nowadays. Studies show that vehicles with telematics are less likely to be targeted for theft as the risk of being caught by police substantially increases. Trackers such as Tangerine’s Jido tracking device, gives fleet managers access to monitor all their assets from one single dashboard. Access to clear visuals, help fleet owners monitor and take corrective action in case of theft, and also helps law enforcement aid cargo recovery.
○ Suspicious alert notifications :
Tangerine’s Jido tracker, helps fleet managers monitor suspicious activities that take place while transiting cargo or at the time of fleet movement. If a fleet vehicle is traveling out of the desired set perimeters, the Jido tracker sends alerts or notifications that could help take corrective measures on time to prevent and secure cargo.
○ All on one single dashboard :
Secured dash cams are of the greatest advantage in preventing cargo theft. In addition to that, dashcam footage, details of vehicle fleets and assets can be viewed on one single platform, making it easily accessible and less time consuming for fleet managers.Now fleet owners can get access to all fleet information from one device,thus preventing fleet cargo theft and avoiding major losses.
○ Documenting the status :
Not only documenting the status and condition of freight, Connected tracking solutions help fleet managers understand when and where there is an incident with a truck, trailer or container — like opening doors outside of defined locations. Through this, it can significantly assist fleet managers during theft by track-and-trace and, ultimately, the recovery of stolen goods.
○ Enhancing security :
Running a large fleet is complex. By enabling fleet managers to use the latest innovative fleet telematics, fleet managers can now make instant decisions when fleet safety is compromised. Keeping track of your fleet vehicles, not only reduces fleet risk , but will also give you peace of mind and will keep your fleet running without incurring costly fines for violating regulations or accident liability.
To know more: https://tangerine.ai/blog/put-a-stop-to-asset-theft-and-boost-fleet-security/
The global Commercial Telematics Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the commercial telematics market include Cartrack, Daimler Fleetboard GmbH, Fleet Complete, Geotab Inc., Microlise, Masternaut Limited, Mix Telematics, Navistar Inc., Omnitracs, TomTom International BV, Trimble Inc., Verizon Connect, Zonar Systems,.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Commercial Telematics Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/commercial-telematics-market/download-sampleMarket DynamicsThe global commercial telematics market is expected to witness significant growth owing to the growth of the transportation industry and the growing demand for connected automobiles in order to ensure efficient fleet management and logistic systems.
Acceptance of smart transport systems and extensive use of digital gadgets like smartphones, tablets, and laptops will further stimulate market growth.
Other factors that contribute to the market growth are technological advancements in commercial telematics, for example, NGTP and favorable policies by the government.
