Industry Insights from Vertrax

Thanks to on-demand apps like Uber and Amazon, consumers expect a whole new level of service. They’re used to instantly accessing account history, customer service channels, and ordering capabilities. This demand has led savvy companies—B2C and B2B alike—to create or update their own apps, ensuring they are accessible and intuitive. 

The propane industry has been operating the same way and using the same equipment for far too long. This outdated equipment puts your operational efficiency at risk as well as your profit margins. It also gives you a competitive disadvantage as many propane marketers have embraced and invested in new tank monitoring technology.

The propane industry has been leveraging old and inaccurate equipment for years, opening the door for a number of potential issues.

The trucking industry is rapidly advancing in terms of the technology being developed and tested. With each new year comes new technology with claims that it will “revolutionize the industry.” However, many of these technologies haven’t been fully vetted and will inevitably be abandoned or rolled back to development for many years.

2019 was a spectacular year for Vertrax with the launch of 2 new products, as well as major improvements to our existing ones. With the year coming to a close, we thought we’d take the time to share our top blog posts from this year that highlight these launches and more.

Consider these your must-reads to set the stage for success in 2020!

Remote tank monitoring has been surging in popularity recently, and for good reason — the benefits it holds are staggering for both the consumer and supplier. With this rise in popularity comes the emergence of various competing tank monitoring solutions with wides ranges in quality and functionality.

With the increasing demand for technology in all aspects of life, it’s no surprise that consumers are demanding a smarter and easier way to live with propane. Being able to remotely monitor tank levels benefits both consumers and suppliers, so the more accurate the monitors and the more advanced the technology is, the better the outcomes will be.

However, current remote tank monitoring solutions aren’t able to provide consumers and suppliers with the ease of use and reliable data that they are requiring nowadays. In this blog, we lay out how current solutions fall short and what both suppliers and consumers can look to in order to gain the insights they want and reap the benefits of high-quality remote tank monitoring solutions.

The propane industry is changing at a rapid pace, and driving that change is the generational shift in consumer demand for a smarter and easier way to live with propane. The evolution and application of new technologies are pushing the boundaries of what industry professionals thought possible — one of these technologies being remote tank monitoring.

Current tank monitoring solutions are seriously flawed, making a meaningful and scalable deployment impossible. To combat this, Vertrax is proud to officially announce Vertrax Tank Monitoring Service — the only true sonar remote tank monitoring device and service.

Remote tank monitoring is one of the fastest-growing innovations in the trucking industry. Suppliers are realizing more and more that remote tank monitoring is a must-have addition to their current technology suites rather than a nice-to-have. In fact, a Berg Insight report revealed that in 2017, the number of active remote tank monitoring solutions reached almost 1.8 million units worldwide and 600,000 units in North America.

New technology is constantly developed to streamline trucking operations. In fact, technology is expected to eliminate $236 million in trucking operational inefficiencies over the next four years.