Friday, June 20, 2008

Turning to GPS To Save Money on Oil

The US Postal Service has 200,000 trucks running daily. A $0.01 increase in gas means $8M extra cost annually. A $1 increase means almost $1B in extra expenses.

The USPS is turning to GPS to optimize routes, and save on gas. Similarly, other delivery and courier companies may - or should - increase their use of GPS.

Companies to watch in the chip GPS space:

Trimble, TRMB
Garmin, GRMN
Sirf Technologies, SIRF

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