Based on its recent analysis of the commercial vehicle smart parking services market, Frost & Sullivan has recognized Truck Specialized Parking Services Inc. (TSPS) with the 2016 North American Frost & Sullivan Award for Customer Value Leadership.
TSPS tracks and monitors truck stops and rest areas in real time to provide drivers and fleet managers with pertinent information.
“Utilizing the output of the TSPS platform, drivers can save on average, at least 15 minutes searching for parking, which translates to approximately $4.4 billion per year from the 400,000 daily parking events,” said Frost & Sullivan Senior Research Analyst Sundar Shankarnarayanan. “Furthermore, fleet managers can save nearly two gallons of fuel per driver, reducing greenhouse gas emissions by 45 pounds per parking search.”
Meanwhile, with the support and vision of the Michigan Department of Transportation, TSPS developed a wireless truck-parking network to support truck parking at public and private facilities. It created a responsive and informative parking network by collecting real-time data through cameras and sensors from various parking sites. The system has been fully operational for two years in the important trade corridor that runs through Canada, Detroit and Chicago, which sees the movement of 10,000 trucks every day.
TSPS has mobilized real-time location data, simplifying prioritization and ensuring smooth workflow optimization for truck drivers. In effect, TSPS parking data has provided access to real-time information through roadside signs, web sites, in-cab messaging and smartphone applications for more than 35 million trips, enabling drivers to make well-informed parking decisions. This helps reduce driver fatigue and thereby improves highway safety. TSPS continues to work with public and private organizations to accelerate the reach of this critical network.
TSPS provides real-time information from its national data network that is improving safety, productivity and environmental impacts. The TSPS specialized smart-parking solution is modular in nature and is being implemented across the nation’s busiest roadways and surrounding areas. Truck drivers, truck stop operators, Departments of Transportation and the general public can all benefit from the TSPS services.