February 10th, 2006
Over 50% of new heavy tracks sold by 2009 will have a fleet management solution
Rising oil prices fuel the demand for fleet management solutions in the European road transport industry, according to a new report released by the telecom research firm Berg Insight. Fleet management solutions typically enable transport operators to reduce fuel consumption by 5 to 15%. As fuel prices have increased by 28% during the course of 2005 and are expected to continue to rise in the foreseeable future there are now strong incentives for transport companies to invest in technology that helps them to keep costs under control. Over 50% of the new heavy trucks sold in 2009 will incorporate a fleet management solution, compared to less than 10% of the heavy trucks sold in 2005.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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