Asset management is an organized approach to keeping track of and optimizing a fleet’s vehicles, equipment, and other assets to be as productive as possible and at the lowest possible operating expense. From a trucking perspective, good asset management means that assets are utilized efficiently, maintained when required, and replaced when needed to avoid unplanned downtime or major breakdowns with their associated cost impacts. Advanced asset management solutions help transport companies become more productive, effective, efficient, and profitable. Less maintenance and repair mean billions of Tonnes of goods will move on time and safely.

TruckX provides a fleet asset-management system to track the real-time performance and location of fleet assets and vehicles, monitor vehicle health and maintenance schedules, and generate usage reports for fuel consumption, driving habits, and asset utilization. Proper fleet asset management enables fleet managers to increase truck up-time, efficiently plan timely maintenance, extend the useful life of vehicles, and reduce overall operating expenses.

TruckX’s asset management solutions help minimize liability risk by having visibility and ensuring insured, maintained, and compliant assets. TruckX integrates with GPS tracking and telematics solutions for improved asset visibility, allowing for real-time tracking capability along with decision-making around the proper allocation of assets.