Advantage doesn’t lay just in the fact that mobile devices will reduce costs comparing to fixed hardware, but also in powerful data analysis that you’ll have in mobile apps.
Now, take a look at some FMCSA predictions:
- total annual cost of ELD adoption will be $975 million
- another $604 million was budgeted for “extra drivers and CMVs needed to ensure that no driver exceeds HOS limits.”
- net benefits of ELDs outweigh the costs with expected paperwork savings of over $1.6 billion annually, plus crash reduction costs of $395 million
If you really want to dive into detail statistical data, you can download FMCSA evaluations here.
What’s the ROI for ELD?
Implementation of ELD effects the ROI in several ways:
- reduce fuel costs
- reduce paperwork
- increase driver communication
- charge for detention time
- updated drivers status
- better planning for loads
Still not convinced?
Use this remarkable ELD ROI Calculator to find about your own savings.
At this point, I’m sure you realized that benefits are a great deal higher than costs.
How will ELD effect the drivers?
It’s not all about cutting costs and making more efficient system. The drivers will also feel the difference. ELD is going to make driver’s life better in many ways, including:
- saving their time they were losing on paperwork
- losing irritation over keeping the paper logs
- focusing on driving and reducing safety risks
It’s claimed that fleets with implemented e-logs, are saving 15 minutes per day. When you put this in big numbers, you’ll get the idea how big this saving is.
Myths about ELD
A driver will interact on the road
