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Universal Tracking Solutions, Inc. (UTRK.OB) Helps Protect Companies Against Unnecessary Expenses

Back in the 1950s, families were able to make a living with one income. Fathers would typically leave for a full day’s work while mothers would be taking care of their home and children. The 1970s ushered in the gradual shift towards both parents working. Our current economic situation has resulted in the need for at least five percent of all Americans to take on a second job. However, an issue occurs when people begin to take assets from their main employer for their own personal use or second job. This use results in more wear-and-tear on assets, which results in increased cost to their main employer. Universal Tracking Solutions, Inc. has a solution that empowers companies by allowing them to keep track of their assets.

Based on the findings of the U.S. Department of Labor, between 7 and 8 million Americans currently hold more than one job. The number of workers holding multiple jobs has increased yearly since 2001. Over 53% of all workers between 25 to 45 years of age hold more than one job. People who “moonlight” come from all types of backgrounds, but companies that work in certain trades or provide route work are most vulnerable.

Workers who choose to moonlight can affect a company’s bottom line in a number of ways. The assets that are the most often used for moonlighting workers are fleet vehicles. Any unauthorized use of fleet vehicles can increase a company’s acquisition and maintenance costs by up to 15%, even with as little as one hour of use per day. Fuel expenses can increase even more dramatically to upwards of an additional 25%. Additionally, employers may end up paying for time when an employee is carrying out tasks for someone else’s benefit.

Universal Tracking has a Global Position Satellite (GPS) fleet management system that provides companies with real-time tracking of its assets. Companies can actually create specified zones for each vehicle in its fleet. When a vehicle moves outside the designated territory, an alert can be sent via text message or email to a fleet manager or other responsible personnel. The tracking system can also be set to raise alerts when vehicles perform gas-guzzling starts, drive at high-speeds, and other company specified parameters. To get a better understanding of where fleet vehicles are located, the system provides a real-time mapping capability so that managers can assess how to coordinate the fleet. Additionally, the tracking system has a number of standard reports that can be run automatically to provide mileage, fuel, routing, and alert information for evaluation purposes.

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