Qualcomm Incorporated announced that its division, Qualcomm Enterprise Services, has launched its Exact Fuel application that monitors and transmits fuel level information on the vehicle data bus directly to fleet managers.
With the information, trucking companies can identify discrepancies in fuel levels that may indicate theft, as well as make timelier and more informed fuel stop decisions that reduce out-of-route miles and improve cost efficiencies, the company says.
Initially available for fleets using Qualcomm’s Mobile Computing Platform (MCP) 110 and 200, the Exact Fuel application transmits fuel level, time and location data regularly to fleet managers.
Faced with fluctuating fuel prices that are approaching $4.00 per gallon, fleets are increasingly concerned with fuel theft and shrinkage, says Vikas Jain, vice president of product management and software services at QES.
“On average, most fleets project about one to four percent shrinkage. Assuming a conservative one-percent shrinkage, this would equate to about 55 dollars per month, per vehicle,” he said. “Addressing this threat, Exact Fuel arms fleets with greater insight to yield an immediate return on investment. As the second largest expense for most fleets after payroll, fuel savings can significantly improve an organization’s bottom line.”
Additionally, Qualcomm is exploring future Exact Fuel enhancements with fleet card providers that will help fleets compare fuel purchases with actual fueling levels to accommodate different organizational requirements. Companies can deploy the current application to individual vehicles or fleet-wide through a subscription-based model.
Additionally, QES launched its Trailer ABS Connect application for the Mobile Computing Platform 110 and 200. Trailer ABS Connect delivers information about trailer location and status from Meritor’s trailer and tractor anti-lock braking systems (ABS) to improve fleet management and maintenance.
