Save time and money with TXT ELD. Find out how?
TXT Electronic Logging Device (ELD) has many benefits but what makes it unique is that it saves a
remarkable amount of time and money. For truckers, time and money are important as they are always
busy chasing the deadlines. TXT ELD has proved to be cost-effective.
In this blog, we will discuss how TXT ELD can help truckers to save time and money.
According to the Federal Motor Carrier Safety Administration’s (FMCSA) Regulatory Impact Analysis
for ELDs, the device aims to cut down major administrative costs.
Savings estimate from paperwork annually:
HOS filling: $487 per year approximately
HOS submission: $56 per year approximately
Clerk filing HOS: $120 per year approximately
No logbooks: $42 per year approximately
According to the estimate, a total of $705 is saved annually as paperwork savings. This is just an
estimate. ELDs are expected to reduce the time required to maintain log by 4.5 minutes per HOS or
around 20 hours annually as per FMCSA.
Also, it saves around 2 hours every year, the time required for drivers to forward the HOS to
ELD Mandate makes it mandatory for fleet owners to equip their vehicles with an electronic logging
device to record the duty hours, which aims to cut down on driver fatigue to reduce road accidents.
The FMCSA strongly believes that the ELD mandate will avoid thousands of road accidents annually and
end up saving billions of dollars as paperwork expenses.
There are other ways TXT ELD can save money for fleet
- Fuel Costs: With live GPS tracking feature, fleet owners can monitor speed, manage routes and
understand the pattern to improve their services.
- Road Accidents: FMCSA estimates that the use of ELDs will reduce crash rates by at least 11%
- Compliance: Truckers using ELD can meet other compliance requirements like IFTA Fuel Tax Reports
and Inspection Reports.
- Avoid violations and tickets
If you are still looking for ELD device, write to us or call us. The deadline is approaching.
TXT offers a 24/7 Multi-Language technical support team that is always available to help you.