Freight Volume is Up: Are You Prepared?
Michael Riemer
CEO & Product Leader | Specializing in SaaS, Mobile Platforms, IoT & AI | Serial Entrepreneur
The good news is that freight volume is up, according to a recent Randall-Reilly MarketPulse Report. To meet this increased demand you may be thinking about adding vehicles to your fleet. But adding iron is not your only option for taking advantage of market growth. This decision should always be done in the context of your current asset utilization rates, which are directly impacted by your service event management processes as well as the effective remaining life of your existing assets.
Before you plunk down big bucks for more trucks, look into your service event management process and see how automating it increases asset utilization and reduces Days Out of Service for your existing assets. That way you’ll be able to add even more capacity and profit to your own bottom line.