How AI and TMS Are Transforming Fleet Management

Technological advancements play an important role in the success of trucking and freight companies. Transportation Management Systems (TMS) se ta strong foundation in the trucking industry, providing businesses with innovative solutions that upgrade the efficiency and effectiveness of freight operations. With the continued development of Artificial Intelligence (AI), Transportation Management System platforms have become even more advanced with next-generation capabilities.

Here is a better look at how AI and TMS are transforming fleet management for trucking and freight companies, making day-to-day operations simpler and driving long-term success.

Contact TenTrucks for a Demo of TenTrucks TMS

How Do a TMS and AI Improve Fleet Management?

Technology provides a wealth of advantages for trucking and freight companies.

Blue AI Globe Graphic on a Black Background

Transportation Management Systems can be integrated with telematics and fuel management technology to enhance tracking and route planning to reduce costs, and with access to real-time data analytics, TMS platforms can help you make data-driven decisions to improve operations. The addition of AI enhances the capabilities of onboard telematics with GPS data, can provide predictive analytics, automate aspects of load management, and more that will help make your fleet operations more efficient and effective.

Here is a better look at how a TMS platform and Artificial Intelligence can improve fleet management for your freight company:

Enhanced Data and Analytics

The biggest advantage that AI provides is its ability to collect and analyze massive amounts of data from multiple sources in mere moments. Armed with that data and key analytics of your freight business, you have the ability to make data-driven decisions that improve fleet management operations. AI algorithms can sift through mountains of complex information to uncover hidden patterns, forecast future trends, and generate predictive analytics that would be impossible for most individuals to identify on their own. These innovative solutions can provide analysis of lane profitability, predictive maintenance alerts, and carrier performance scorecards.

Improved Predictive Maintenance

Did you know that when a truck is down, it can cost a trucking company between $448 and $760 per day? This makes regular maintenance and predictive maintenance even more important to the success of a trucking and freight provider. AI has the ability to analyze vehicle performance data and maintenance logs to predict potential equipment failures. Armed with this information, freight companies can be more proactive in their maintenance scheduling to avoid downtime.

Advanced Route Optimization

Advanced route optimization is a valuable tool in your toolkit as a trucking and freight company. If step one for trucking companies is to get your cargo from Point A to Point B, the second step is to do that efficiently — and a Transportation Management System with AI capabilities can help. AI can help you optimize trucking routes based on current traffic patterns, accidents on the road, expected delays, weather patterns, fuel costs, total distance, and more.

Automated Processes and Shipping Documents

Are you looking for ways to make day-to-day operations more efficient? AI-powered Transportation Management System features have the ability to automate many day-to-day processes and shipping documents. AI can automate driver and freight scheduling, truck dispatching, and additional aspects of fleet management. In addition to those capabilities, AI can automatically complete key documents that include bills of lading, freight invoices, customs declaration forms, purchase orders, and more.

Reduced Fleet Costs

Trucking and freight companies that want to achieve their financial goals may find that a Transportation Management System with AI-powered solutions can help reduce costs. More efficient route planning can save you time and money with reduced fuel costs, improved tracking allows you to better track your assets, automated documents save time and help reduce labor costs, and optimized load management can reduce empty miles and improve Less-than-Truckload (LTL) load management.

Improved Asset Management

Asset management is important to the success of trucking and freight companies and a Transportation Management System platform can improve how you manage your fleet. Predictive maintenance reminders provided by AI-powered tools can ensure that your fleet is always running at full capacity and can help you fill in the gaps when a truck is in for repairs. And with improved data and analytics at your fingertips, you can better allocate your resources where they are needed most in an effort to drive financial success.

Are you upgrading your fleet management processes? Are you looking for ways to be more efficient and effective at your trucking and freight company? You may want to look at how AI and TMS are improving fleet management with this quick overview created by TenTrucks that highlights a few key ways this technology can help your trucking company drive success and achieve your financial goals.

Contact TenTrucks today for a demo of the TenTrucks TMS platform!