A stability sensing and load monitoring system for wheeled vehicles, in particular for the construction and agricultural industries, is disclosed. The system is based on strain sensors mounted on each wheel such that the measured strain represents the load on this wheel. A power source and a local wheel controller are located near the strain sensors. The data from the strain sensors is processed by the local wheel controller and then wirelessly transmitted to a single central unit, located in the cabin. The central controller communicates with all four local wheel controllers, collects the data, and then processes it to calculate the total load on the vehicle, its center of gravity, and the stability status.