What IoT Services you must Integrate for a Successful Transportation Business?
The transportation sector is one of the finest profit-making sectors in today’s world. Mainly, the import and export businesses are dependent on the transportation industry for the safe movement of the goods. All the 4 modes of transportation are inclining towards using the IoT applications to render better services.
Since technology is expanding, IoT has come into focus areas for lots of industries, including transportation and logistics. The business owners adopt different IoT services as per their requirements and avail huge profits, benefits, and customer satisfaction.
In the coming years, almost more than 50% of the businesses would rely on the third-party logistics providers for the transportation and supply of their goods. This is increasing a huge demand for a technology-based infrastructure in the transportation sector. Also, with the use of IoT and its smart techniques everything seems achievable. An IoT-enabled system works on real-time data for efficient analysis and decision-making.
Real-Time Vehicle Tracking
It is the most beneficial service for fleet management when you can track your vehicles in real-time. It lets you check the status of the vehicle, the exact number of halts it took while travelling, driver’s driving habits, and track the time of delivery. Many-a-times the logistics owners face problems with the delivery schedule of the product. It also leads to unnecessary penalties and further delays in the services. Therefore, to avoid certain challenges a real-time track of the vehicle is a must. This further helps in an improved communication network with the drivers and you can instruct them accordingly.
Route Management through GPS
Every Uber or Ola you take, the first thing the driver checks is if the GPS is taking the correct location. Even in big logistics industries, GPS tracking is now being successfully adopted to let the drivers know their route and manage their time accordingly. In the era of smartphones, every device comes with a GPS installed for ease in directions. Similarly, the automobile companies are designing the vehicles with the already installed GPS for quicker route management. The logistics sector is continuously availing benefits out of IoT-enabled GPS services to help their drivers in managing their routes and avoid any delays in the deliveries.
Trailer Weight Management
In a US-based logistics industry, it is a mandatory aspect to not exceed the permissible weight limit to transport goods in a trailer. In case if the weight exceeds, it results in unnecessary fines. Sensor-based devices are installed on the trailers to perform effective analysis regarding their weight measurement. Thus, IoT plays a crucial role in identifying the actual load on multiple trucks in one single time, saving everyone’s time and efforts. This is a very quick and effective IoT method to save yourselves from the needless fines.
Temperature and RH Monitoring
Keeping a track of the internal temperature of your cargos provides you with a great option to manage them easily. A sensor-based temperature monitoring solution lets you keep a real-time check on the relative humidity and keeps a record of the temperature of different cargos being transported. Even if the cargo has to travel a long-distance, you can keep a check on the product’s condition remotely and also get quick alerts about any change in the situation or cargo condition.
Smart Contract System
The transportation industry performs trade regularly, and implementing a smart contract system transforms the traditional trade processes that include lots of paperwork. An IoT-enabled smart contract system uses blockchain technology to keep a real-time track of your cargos and scans every condition to match the contract. It is one of the safest measures that can be implemented in a logistics business to ensure cargo safety and get a visible supply chain for better decision-making.
Fuel Theft System
An IoT-enabled fuel theft system allows you to keep a check on the fuel levels in your vehicle. It becomes easier to manage the required fuel quantity before starting the journey, but what if your vehicle stops amid the way due to the lack of fuel quantity. A sensor-enabled fuel theft system helps in avoiding such situations by providing with the real-time alerts of your fuel levels and notifying you in case of any theft occurs. Also, while transporting huge oil tankers, a fuel theft system allows you to measure the oil quantity in real-time and notifies through alerts during thefts.
Business Benefits with An IoT-Powered Transportation System
An IoT-powered smart transportation solution uses sensor devices to collect, send, and receive the data. This is helping many businesses to gain huge benefits through new IoT concepts.
- The vehicle drivers alerted about the hazardous situations beforehand to avoid long-hour delays in traffic congestion.
- Using an IoT-enabled solution fuel consumption is monitored and evaluated to increase efficiency. This also results in significant fuel savings during long halts.
- Using preventative maintenance, the wear and tear of trucks can be monitored to avoid any breakdowns during the journeys. A machine learning system is used for effective analysis of raw data through IoT sensors, which is further used to predict issues with your vehicles and take appropriate decisions in future.
- IoT sensors help in monitoring cargo tampering more securely. An end-to-end IoT solution provides real-time tracking of the improper handling of the goods.
- The loading and unloading process of goods can be managed properly with the help of sensors and RFID tags. Equipment is connected with smartphones for a proper communication channel about delivery status and cargo schedules.
IoT has levelled up the entire trading business with its unique solutions and automation techniques. The transportation business is using intelligent methods that help in making smarter and more informed decisions. All IoT services, as mentioned above, involve major business benefits like streamlined operations, cost-effectiveness, and increasing ROI. You can learn and explore more by consulting IoT experts to guide you through a successful transportation business.
This article was written by Sanjeev Verma, the founder and CEO of Biz4Group, based out of Orlando. He has conceptualized the idea of Biz4 Brand and founded Biz4Group and Biz4Intellia. He has 20+ years of experience in boosting IT-based start-ups to success. In the past, he has worked on leadership positions with Marriott Vacations, Disney, MasterCard, Statefarm, and Oracle.