Geotab launches economic recovery dashboard
TORONTO – Geotab has launched a Commercial Transportation Recovery Dashboard.
Using aggregated and anonymized data processed from more than two million of its connected fleet vehicles around the world, the dashboard helps to depict the current state of COVID-19 recovery and visualize impact on commercial transportation and trade activity.
Benchmarking against normal, pre-COVID-19 activity, the dashboard provides updates on the current state of commercial vehicle activity, including by industry, trade and fuel fill-ups. The dashboard compares on a week-to-week basis to enable both a high-level view of commercial transportation health, as well as a micro view of specific transportation industries such as waste management, healthcare and manufacturing.
“One thing we’ve come to learn with COVID-19 is just how important data is – whether for businesses trying to operate, governments trying to reopen or the everyday consumer trying to understand the impact of this pandemic,” said Mike Branch, VP data and analytics at Geotab.
“The aggregate-level data within this dashboard can be leveraged to help our customers and the community at large make informed, data-driven decisions as we collectively navigate through these ever-changing times.”
Current indices available on the dashboard include:
- Activity Index – With data from North America, this index depicts the daily volume of trips made by commercial vehicles compared to normal operating behavior and compares against recovery rates from select countries.
- Trade Index – Measures the daily volume of trips made in both directions across the Canada/U.S. border and the U.S./Mexico border.
- Fuel Index – Depicts the daily fuel fill-up events captured by commercial vehicles in North America compared to normal operating behavior. This index is segmented by vehicle class (heavy-duty, light-duty, passenger, etc).
- Industry Index – Examines the daily volume of trips from commercial vehicles segmented by industry type in North America.
“This recovery dashboard can help enable the transportation industry to maintain a pulse on the health of the economy through key indicators and leverage aggregate IoT and fleet data to make informed, data-driven decisions,” added Branch.
“The impact of COVID-19 on the transportation industry will become more clear in the coming days, weeks and months.”
Geotab’s Commercial Transportation Recovery Dashboard can be accessed here.