The American Trucking Association projects 28% growth in U.S. freight tonnage from 2021 to 2032, but current trailer manufacturing backlogs are hampering efforts by motor carriers to meet demand.
Trailer orders are currently extended through the second half of 2022 due to historically low build rates. Equipment shortages have increased demand for tracking systems that can instantly locate available capacity and help fleets maximize asset utilization.
A recent report by Berg Insights estimates that 34.4 percent of all trailer and cargo containers had tracking units installed at the end of 2020. The research firm anticipates demand for the technology will continue to be strong from the pandemic increasing the need for supply chain visibility and transport security.
Decreased hardware costs, improved battery life, and the emergence of Low Power Wide Area (LPWA) technologies are also speeding technology adoption, the report noted.
Trailer tracking systems are essential to better utilize trailer and container assets as well as satisfy customer visibility and security requirements. But that’s not all.
Below are five areas the Berg Insights report says will drive the adoption of trailer tracking in 2022 and beyond.
5 Areas That Drive the Adoption of Trailer Tracking
- Cargo and Inventory Management
Shippers and consignees want in-transit shipment visibility. They recognize the value of doing business with carriers that use systems providing real-time control and temperature monitoring of cargo such as pharmaceuticals and fresh produce. - Insurance Risk Management
Insurance premiums can represent a substantial portion of total shipping costs. Trailer and container tracking devices reduce transportation risks and help identify responsibility when cargo is damaged, lowering insurance premiums and claims costs. - Transport Security
Trailer tracking systems integrate with sensors to monitor door open and close status, trailer integrity, and cargo condition. Fleets receive instant alerts for unauthorized access, shock impacts, temperature anomalies, and other critical events. - Fleet Utilization
Continuous monitoring of trailer location and status allows fleets to keep assets on the road generating revenue. Fleets can manage detention, maximize drivers’ hours of service, and track arrival, departure, and loaded or unloaded trailer status. - Regulatory Compliance and Reporting
Real-time tracking and monitoring help fleets comply with strict security and food safety regulations. The Food Safety Modernization Act (FSMA) requires appropriate temperature controls and documentation to prevent food contamination during transit.
Choose a Partner Who Is Ready to Meet Demand
With supply chains stretched thin and capacity tight now is a critical time for fleets to be aligned with technology partners who can respond quickly to their needs.
SkyBitz has the most advanced and reliable GPS trailer tracking solutions in the market and has been delivering exceptional customer experiences for more than 20 years. We have plenty of inventory on hand, ready to ship, of our most advanced SkyBitz Kinnect platform and other market-leading solutions.
Besides locating trailers, fleets that use SkyBitz solutions can automate inventory yard checks, find available capacity, monitor dwell and detention events, protect cargo, efficiently dispatch drivers, and unify trailer fleet management for all asset types.
SkyBitz Kinnect has unmatched expansion capabilities by supporting multiple wireless and wired sensors consistent with SkyBitz SmartTrailer™ solutions. The state-of-the-art power management capabilities ensure the platform delivers high-frequency reporting and visibility of trailer locations, events, and empty/loaded cargo status.
SkyBitz also covers fleets that manage cold chain logistics and refrigerated freight by offering an advanced reefer monitoring solution through a partnership with Coretex. The integrated platform gives fleets a 360-degree view and real-time control of refrigerated assets and cold chain operations by uniquely combining GPS tracking with intuitive temperature data monitoring, along with advanced command and control functionality.
Contact us today to get the smartest trailer tracking system working for you and your customers.
