An internet of things (IoT) solution that uses devices compatible with low-power, wide-area LTE-M technology to track the status of outsourced trucks in fleets will begin trials in the United States on May 1, 2019.
The Japanese companies behind the trials — NTT Docomo, NTT Docomo USA, Itochu Logistics Corp, and Itochu Logistics (USA) Corp. — said the solution can also provide temperature, humidity, brightness, etc. data depending on delivery needs.
The solution will be tested for its effectiveness in supporting the management and safety of truck fleets at Itochu Logistics USA’s delivery-truck network and logistics system.
“While most delivery trucks are equipped with GPS devices, the location data typically is available to the owner but not to logistics/transport companies that retain the trucks on an outsourced basis,” the companies sai.
The trial is part of the Globiot global-IoT initiative that DOCOMO launched on July 2, 2018 to provide global connectivity, operational support and consulting to Japanese enterprises.
The companies the solution is expected to be marketed widely throughout the United States, Japan, and Asia.
NTT Docomo is Japan's leading mobile operator and one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Itochu Logistics is a provider of logistics solutions, including ocean/air freight forwarding, warehousing, inland transportation, and 3PL management worldwide.
Research firm Markets and Markets estimates the global fleet management to reach a market size of US$31.5 billion by 2023, up from US$15.9 billion in 2018.
It said North America is expected to grow at a compound annual growth rate (CAGR) of 12% during the forecast period, due to the early adoption of fleet management solutions and strict government mandates.