Telematics vendor GPS Insight has acquired an investment from private equity firm Bregal Sagemount that will fund the company's continued growth as a provider of cloud-based fleet management software, the Scottsdale, Ariz.-based company announced.
Many fleets have discovered the benefits of rightsizing their trucks for maximum efficiency. Rightsizing should be extended to trailers as well.
Most large fleets have extensive experience with telematics: GPS location and mobile communications systems that collect data and communicate it back to a server where the fleet can access the information. As the amount and kind of data has increased in recent years, fleets have adopted tools to make sense of all that information and use it across their operation.