[December 14, 2017] |
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Wayne Smith Trucking Selects ORBCOMM's Logistics Tracking and Monitoring Solution for Trailer Fleet
ORBCOMM (News - Alert) Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced that it
has been selected by Wayne Smith Trucking to provide an industry-leading
logistics tracking
and monitoring solution for their trailer fleet. ORBCOMM's
end-to-end solution will provide wireless connectivity through its
proprietary hardware and a web-based reporting platform for optimal fleet
management.
A large Southern transportation company based in Morrilton, AR, Wayne
Smith Trucking specializes in hauling paper products and dry goods for
its customers throughout the lower 48 states. Wayne Smith Trucking is
using ORBCOMM's end-to-end telematics
system, which is self-powered with solar recharging technology and
does not require external power, to track and monitor its dry van
trailers while en route or in terminals. The device's ruggedized, sealed
and waterproof solar panel provides continuous power to rechargeable
batteries, offering reliable service without maintenance or battery
changes for the typical life of the asset. The complete ORBCOMM solution
installs easily in less than 10 minutes, optimizing Wayne Smith
Trucking's installation resources and costs and minimizing trailer
downtime.
ORBCOMM's solution includes a robust web
application with data reporting and analytics capabilities to
increase visiblity and security of Wayne Smith Trucking's trailers
while reducing dwell time, maintenance costs and unauthorized use. By
knowing the precise trailer count at each location at all times, Wayne
Smith Trucking significantly improves asset utilization and operational
efficiency by saving their drivers' time and fuel looking for empty
trailers. ORBCOMM's telematics solution also integrates with the McLeod
LoadMaster™ dispatch software platform, enabling Wayne Smith
Trucking to capture asset data every 15 minutes, including operational
condition, start/stop reports, scheduled maintenance, GPS position and
geofencing, through one comprehensive system.
"Wayne Smith Trucking is a great customer win for our transportation
business, demonstrating the increasing demand for our solar-powered
trailer tracking and monitoring solution among leaders in the dry van
market," said Marc Eisenberg (News - Alert), ORBCOMM's Chief Executive Officer.
"ORBCOMM's solution enables Wayne Smith Trucking to reduce dwell times
and improve their tractor-to-trailer ratio to ensure maximum trailer
utilization and a strong return on their investment in our advanced IoT
technology."
"The low-profile and quick and easy installation of ORBCOMM's telematics
solution were key differentiators in our decision to move forward, and
we are extremely pleased with the seamless deployment and our ability to
power up the units remotely through ORBCOMM's mobile application," said
Neil Corder, President of Wayne Smith Trucking, Inc. "We are already
seeing significant benefits in many areas of our business by using
ORBCOMM's solution, which has enabled us to take the guesswork out of
our trailer count at each location and always know exactly where our
trailers are and how and when they are being utilized."
Wayne Smith Trucking expects to complete deployment of ORBCOMM's
solution in the first quarter of 2018.
About ORBCOMM Inc.
ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the
industrial Internet of Things, providing solutions that connect
businesses to their assets to deliver increased visibility and
operational efficiency. The company offers a broad set of asset
monitoring and control solutions, including seamless satellite and
cellular connectivity, unique hardware and powerful applications, all
backed by end-to-end customer support, from installation to deployment
to customer care. ORBCOMM has a diverse customer base including premier
OEMs, solutions customers and channel partners spanning transportation,
supply chain, warehousing and inventory, heavy equipment, maritime,
natural resources, and government. For more information, visit www.orbcomm.com.
Forward-Looking Statements
Certain statements discussed in this press release constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally relate to our plans, objectives and expectations for future
events and include statements about our expectations, beliefs, plans,
objectives, intentions, assumptions and other statements that are not
historical facts. Such forward-looking statements, including those
concerning the Company's expectations, are subject to known and unknown
risks and uncertainties, which could cause actual results to differ
materially from the results, projected, expected or implied by the
forward-looking statements, some of which are beyond the Company's
control, that may cause the Company's actual results, performance or
achievements, or industry results, to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. In addition, specific consideration should
be given to various factors described in Part I, Item 1A. "Risk Factors"
and Part II, Item 7. "Management's Discussion and Analysis of Financial
Condition and Results of Operations," and elsewhere in our Annual Report
on Form 10-K, and other documents, on file with the Securities and
Exchange Commission. The Company undertakes no obligation to publicly
revise any forward-looking statements or cautionary factors, except as
required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171214005755/en/
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