How a Connected Fleet Boosts Carrier Profitability
Today’s carriers have many things to manage: fleet safety, compliance, labor costs, skyrocketing insurance premiums, driver retention, and volatile freight rates, to name a few. How a carrier employs tech and the solutions it uses may also keep executives, IT leaders, and fleet managers at a carrier up at night—but it doesn’t need to be difficult.
In fact, when a carrier takes a connected fleet approach to its operations and tech stack, it both reduces the headaches involved with running a fleet and improves the bottom line. Additionally, when the technologies used by a fleet operate seamlessly with one another, the effect is multiplied, creating efficiencies where roadblocks once stood.
If you’re confused about the meaning of a connected fleet, just think about the results your fleet could achieve if all the following worked in conjunction with each other from the cab to the back office:
- Driver chat
- Mobile document scanning
- DVIR, ELD, and compliance
- Detailed driver workflows
- Telematics rules and insights, including fuel savings and geolocation
- TMS integrations
- Dash cams
- Back-office invoicing
- Audit processing
Plus, there’s the ability to add navigation, weigh station bypass, and specialized telematics modules. Transflo makes a connected fleet possible for carriers.
In this guide, we’ll focus on two major, bottom-line benefits carriers can count on by employing a full suite of carrier software and automation solutions: speed to cash and ease of use for drivers. Then, we’ll discuss how efficient and streamlined operations and technology become with Transflo’s suite of carrier solutions.
Speed to cash
Carriers are faced with the pressing challenge of getting paid quickly—even when profit margins are thin. The critical question becomes, “How quickly can we get paid once we decide to take business, especially in an environment with low rates?”
With tight margins and rising operational costs, carriers simply can’t afford delays in cash flow. Every delayed payment compounds the financial strain, making it essential to adopt solutions that streamline the invoicing and payment processes.
A connected fleet simplifies operations and accelerates the journey from completing a job to receiving payment. By integrating tools that automate billing and reduce administrative overhead, carriers can pre-empt economic uncertainty, ensuring they get paid as fast as possible even when revenue per load is low or volatile.
Ease of use for drivers
Drivers juggle many tasks every day, including pre-trip inspections, route planning, and post-trip documentation. The sheer volume and variety of tasks can be overwhelming without the right support.
By integrating in-cab tools like Transflo Mobile+ and telematics with back-office support, a connected fleet simplifies the driver’s day by centralizing everything a driver needs to complete deliveries and stay compliant. The carrier gains visibility and insights on driving behavior, which decreases accident risk and lessens the likelihood of exorbitant insurance premiums from an incident.
This streamlined approach not only reduces administrative hassles but also allows drivers to focus on what really matters: safe and efficient driving. Ultimately, when drivers have easy-to-use, intuitive tools at their disposal, the entire operation becomes more efficient, boosting overall carrier performance.
Before Transflo
Your fleet may think, “So what?” about not using connected solutions from one company and its partners. Your drivers don’t seem to have issues getting to where they need to go, and back-office operations run smoothly enough. Let’s consider how things might work without Transflo’s connected suite of solutions.
Without a connected fleet, the process of managing a load can be disjointed and inefficient. Dispatchers manually contact drivers, confirm load details, and ensure they have the right address. With a more analog process, drivers may face issues keeping up with documents, logging hours to stay compliant, tracking route changes, and losing time at weigh stations.
Meanwhile, the back-office team is left chasing down documents, verifying compliance, and waiting for payment processing to go through multiple steps before funds are received.
These inefficiencies mean:
- It takes longer to assign and confirm loads.
- Drivers experience more downtime, delaying deliveries.
- Back-office teams spend more time on manual processes.
- Payment cycles are extended, slowing cash flow.
With Transflo
Now, let’s look at how operations change with Transflo.
By leveraging a connected fleet solution, every aspect of load management becomes faster and more efficient. The process is streamlined from the moment an order is received to the moment payment is collected.
Faster load assignments
With Transflo Mobile+, orders are received and dispatched instantly. Drivers receive assignments with complete addresses and optimized route details, ensuring they can get on the road without delays. By eliminating manual dispatching processes, fleets gain efficiency and reduce miscommunications.
Quicker job completion
Electronic logging devices (ELDs) automate compliance tracking, allowing drivers to focus on the road instead of paperwork. Idle time is minimized, fuel usage is optimized, and detention fees are avoided through smart telematics solutions. Route optimization tools like CoPilot Truck ensure drivers take the most efficient paths, while weigh station bypass with Drivewyze saves valuable time by reducing unnecessary stops.
Accelerated payment processing
Transflo’s Workflow AI triggers back-office automation, which reduces staff workloads, slashes manual audit processing, and eliminates delays in payment processing. With faster invoice approvals and streamlined financial operations, carriers receive payments more quickly, improving cash flow stability and allowing them to reinvest in their business growth.
Streamline the bottom line, from cab to back office
In today’s rate environment, three things are critical:
- Efficiency: Drivers need to complete jobs faster.
- Automation: Minimizing manual tasks reduces errors and delays.
- Cash Flow: Getting paid quickly ensures financial stability.
Transflo’s complete connected fleet solutions make this possible, allowing carriers to operate at peak efficiency, reduce costs, and improve profitability. Whether reducing time spent on administrative tasks, optimizing routes, or ensuring compliance, a connected approach provides measurable benefits to profitability.
By adopting Transflo’s full line of solutions, carriers can stop worrying about slow processes and start focusing on growth, profitability, and long-term success.