Tenstreet recently acquired fuel optimization solution Vnomics and load-time management technology True Load Time (TLT).
Tenstreet says the additions will help clients retain valuable resources that are typically lost from excessive fuel consumption and driver detention time, while helping alleviate drivers’ daily frustrations and reduce turnover.
Since Tenstreet’s acquisition of Stay Metrics in November 2020, the company has been expanding its engagement and retention strategies to help for-hire and private fleets reduce turnover costs and retain drivers through engagement. Tenstreet uses driver surveys to systematically collect feedback from drivers, so carriers have the opportunity to correct problems drivers face in the field, ultimately helping their clients make better data-based decisions while improving driver satisfaction and retention rates.
Through the contributions of preferred freight brokers, carriers, and transportation management systems, Tenstreet’s Driver Pulse app will be equipped to include TLT shipper surveys that will assist in building a database capable of portraying near real-time detention delays across a growing number of shippers nationwide. With greater transparency, carriers will be able to make more informed decisions to maximize equipment efficiency and driver revenue, improve safety, and enhance driver satisfaction, Tenstreet said.
Vnomics (short for vehicle economics) helps to improve driver behavior through real-time in-cab driver coaching to reduce fuel spend for any fleet type, under any operating conditions. A self-described “rumble-strip for fuel efficiency,” Vnomics’ True Fuel is an additional application layer that sits on a carrier’s existing telematics solution.
By targeting behavior—not just miles per gallon—to evaluate driver performance, carriers gain key insights into fuel and driver performance to grow more fuel efficient. As performance improves, drivers will be incentivized through the Tenstreet Rewards platform, on which they can redeem points for items like electronics, home goods, movies, tools, and more, creating a “sticky” factor for a more dedicated fleet.
