Bibby Distribution has renewed its deal with Trakm8 to supply it with a tracking solution for a further five years.
The companies began working together in 2015 and the extended relationship will see the logistics and supply chain specialist use Trakm8’s real-time GPS trailer tracking solution across its 1,300-strong trailer and tanker fleet.
Adam Purshall, fleet and procurement director at Bibby Distribution, said: “With a mixed fleet which encompasses some 1,300 trailers across our 50 operating centres nationwide, the ability to track and manage those trailers is business critical, ensuring we can proactively manage our customers deliveries and manage our valuable assets.
“The Trakm8 solution affords us access to data-rich insights which are crucial for the day-to-day running of our business.
“Since partnering with Trakm8, we have been able to increase our trailer utilisation by 15%, ensuring our trailers are used as effectively as possible, ultimately maximising our return on investment and enabling us to manage legal compliance and the fleet size proactively.
“We are delighted to continue our association with Trakm8, and look forward to working closely with them – and their unique solutions – moving forwards.”
Trakm8’s trailer tracking technology enables users to continuously monitor the mileage and location of active trailers, as well as locating under-utilised assets.
It also enables transport operators to create geofences (virtual boundaries) to help safeguard against the unauthorised use of the assets.