TLD Logistics Upgrades Multi-Asset Fleet with ORBCOMM's Advanced In-Cab and Cold Chain Solutions
08 September 2021 - 3:00PM
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, today announced that it has been selected
by TLD Logistics Services Inc. (TLD), an independent subsidiary of
Toyota Tsusho, to upgrade its fleet of trucks and refrigerated
trailers with ORBCOMM’s advanced in-cab and cold chain telematics
solutions. ORBCOMM’s comprehensive solutions provide wireless
connectivity through its industry-leading hardware and a single,
unified Cloud-based analytics platform for optimal fleet management
across multiple asset classes.
A leading truckload carrier based in Knoxville,
TN, TLD is using ORBCOMM’s in-cab solution to enhance operational
efficiency through increased visibility and auditing, along with
more automated management of their drivers and trucks. ORBCOMM’s
driver-friendly solution delivers GPS fleet tracking and connects
to the truck’s CANbus to seamlessly collect important data from the
engine, brake systems, fuel tanks and more, providing access to
deep analytics and reporting via the ORBCOMM Platform. By
automating hours of service calculations, ORBCOMM enables TLD to
comply with the Electronic Logging Device (ELD) and FMCSA Hours of
Service (HOS) regulations. ORBCOMM’s solution also helps TLD
improve driver safety by providing on-board driver performance
scoring and correcting unsafe driving behaviors that lead to
accidents, fines and higher insurance.
As part of ORBCOMM’s telematics double play
offering, TLD is also using ORBCOMM’s industry-leading cold chain
solution for two-way temperature monitoring and control, fuel
management, maintenance and logistics services. With mapping,
reports, alerts and exception management, the ORBCOMM Platform
provides the real-time data and business intelligence needed to
help TLD increase utilization of its mixed fleet, gain fuel
savings, mitigate product spoilage and ensure compliance with the
FDA’s Food Safety Modernization Act (FSMA). With the ORBCOMM
Platform, TLD can access critical operational data from both their
trucks and refrigerated trailers through a centralized system with
a single sign-on.
To further enhance productivity, communications
and service levels across their fleet, TLD is using a seamless
integration that links the ORBCOMM Platform’s data from its truck
and refrigerated trailer assets to the McLeod Software
transportation management system and workflow application. In
addition, TLD is utilizing ORBCOMM’s scanning application, which
allows their drivers to electronically submit proof of delivery
paperwork, and has recently added a new feature that automates the
work order process. These operational improvements not only speed
up the billing process and improve cash flow, but also eliminate
manual errors and enhance the driver experience.
“TLD Logistics is an exciting win for ORBCOMM,
and we look forward to integrating our industry-leading IoT
technology into their operations and supporting their commitment to
keeping their drivers safe, compliant and less stressed on the road
by eliminating manual data entry,” said Chris MacDonald, ORBCOMM’s
Senior Vice President of Transportation Solutions. “ORBCOMM’s
comprehensive in-cab and cold chain solutions deliver strong ROI
value to TLD by facilitating optimal fleet management, better
workflow and enhanced customer service.”
“After testing several telematics solutions in
the market, ORBCOMM was the clear choice to help us take our fleet
operations to a higher level of productivity, efficiency and
service,” said Chris Stephens, General Manager of TLD Logistics
Services, Inc. “ORBCOMM’s long-time industry expertise and ability
to allow us to see both our trucks and refrigerated trailers in one
intuitive platform is a gamechanger, and the automation of critical
business processes, plus having access to reefer temperature in the
cab, has greatly improved the overall driver experience.”
TLD has started deploying ORBCOMM’s telematics
solution on its refrigerated trailers, followed by their trucks,
and expects to complete their fleet-wide deployment by the end of
2021.
For more information about ORBCOMM’s integrated
transportation solutions, please visit
https://www.orbcomm.com/en/industries/transportation-and-distribution.
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. You can also connect with
ORBCOMM at https://blog.orbcomm.com, on Twitter at @ORBCOMM_Inc, at
https://www.linkedin.com/company/orbcomm or at
https://www.youtube.com/c/ORBCOMM_Inc.
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.
ORBCOMM Contacts |
|
|
For Corporate Relations: |
|
For Trade Media: |
Michelle Ferris |
|
Sue Rutherford |
Vice President of Corporate Communications |
|
VP of Marketing |
+1 703.462.3894 |
|
+1 613.290.1169 |
ferris.michelle@orbcomm.com |
|
rutherford.sue@orbcomm.com |
investorrelations@orbcomm.com |
|
mediarelations@orbcomm.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b6dea28a-6a2e-4ab7-8651-9114ac74df61
ORBCOMM (NASDAQ:ORBC)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
ORBCOMM (NASDAQ:ORBC)
Historical Stock Chart
Von Dez 2023 bis Dez 2024