telematics

Climbing rates, detention times turn LTL fleets toward trailer tracking tech

Historically, the less-than-truckload carrier market has resisted trailer tracking technology, since locating LTL cargo has been a simpler task compared with full truckload. But recent labor shortages, supply chain congestion and extremely tight capacity have created the perfect storm: exacerbated accessorial detention charges and growing tensions between shippers and LTL carriers. As a result, LTL carriers have implemented drop-trailer programs as a way to gain more capacity.

With drop-and-hook...

https://www.freightwaves.com/news/climbing-rates-detention-times-turn-ltl-fleets-toward-trailer-tracking-tech

Project44’s Preferred Telematics Program offers European carriers instant integration

To create a resilient supply chain, companies need visibility into every link of the chain, specifically the vehicles that provide transportation, whether operated by raw material suppliers, last-mile services or anything in between.  

Real-time visibility provider project44 announced on Thursday it has taken steps in Europe to provide a direct connection to the location of these vehicles by launching its Preferred Telematics Program.

“Project44 continues to lay the groundwork for the most...

https://www.freightwaves.com/news/project44s-preferred-telematics-program-offers-european-carriers-instant-integration

Day & Ross chooses PowerFleet trailer tracking solution for US fleet

Dan & Ross truck on the highway

On Monday, New Jersey-based PowerFleet announced that its customer Day & Ross will expand deployment of PowerFleet’s LV-500 solar-powered trailer tracking solution across its U.S. fleet of 3,000 trailers. PowerFleet is a leading global provider of subscription-based wireless solutions that track and manage assets like industrial trucks, containers, cargo and fleets.

Day & Ross ⁠— a pivotal player in North American transportation and logistics ⁠—  first deployed PowerFleet’s trailer tracking...

https://www.freightwaves.com/news/day-ross-chooses-powerfleet-trailer-tracking-solution-for-us-fleet

Spiking consumer demand for sustainability makes visibility-tech a must

Truck driving on highway with wind turbines

2020 marked a turning point in consumer behavior. Not only did the sudden stay-home requirements shift how people shopped for food and other basic necessities, research shows that the shared struggle of COVID-19 and the witnessing of California wildfires and Midwestern floods gave consumers the time, space and motivation to evaluate their priorities when selecting certain brands. Namely, consumers began to look for brands that valued not just their personal well-being, but the protection of the...

https://www.freightwaves.com/news/spiking-consumer-demand-for-sustainability-makes-visibility-tech-a-must

Private fleets are an expensive response to ongoing volatility

truck passing on highway

The hunt for available capacity is the ongoing refrain since the pandemic shifted consumer buying habits. According to a recent McKinsey survey of CPG companies, 80% of those companies have no expectation that pandemic-fueled transportation costs will decline anytime soon. 

A May report from BSI, a London-based standards and supply chain intelligence firm, suggested that while immediate effects of the pandemic are easing worldwide, the long tail of the pandemic is ongoing and may include...

https://www.freightwaves.com/news/private-fleets-are-an-expensive-response-to-ongoing-volatility

How can trucks reduce fuel consumption?

A common theme for driving down greenhouse gas (GHG) emissions from vehicles has been centered around a common narrative: switching to electric vehicles. Unfortunately, making this switch does not eliminate all emissions, as a majority of the leftover GHG emitted comes from the production of electricity to fuel the vehicle.

The investment in one of these vehicles can range up to $150,000 to $180,000, something that may be difficult for smaller owner-operators to afford.

Fortunately, there are...

https://www.freightwaves.com/news/how-can-trucks-reduce-fuel-consumption

Orbcomm reports fourth-quarter loss of $14.8M

Orbcomm Inc. (NASDAQ: ORBC) on Wednesday reported a fourth-quarter net loss of $14.8 million, with a per-share loss of 19 cents.

The 19 cents per-share loss for the fourth quarter was largely the result of a $11.7 million loss on debt extinguishment, Orbcomm said. Adjusted to extinguish debt, the loss was 4 cents per share. 

“While the pandemic caused significant disruption, we showed our resilience,” Marc Eisenberg, president and chief executive officer of Orbcomm, said during the company’s...

https://s29755.pcdn.co/news/orbcomm-reports-fourth-quarter-loss-of-$148m

Telematics help maximize existing capacity and decrease driver dwell times

Truck picks up containers at port

The fight to secure trucks continues into late January, even after the expected loosening of post-holiday capacity when volumes ease and drivers return to the road. While tender rejections are following a seasonal downward pattern, the levels are much higher than two years prior and carriers are still rejecting almost one out of every four tenders at contract rates. 

SONAR: OTRI.USA (2020/21 – Blue; 2020 – Orange; 2019 – Green)

What makes this capacity issue even more complicated is that driver...

https://www.freightwaves.com/news/telematics-help-maximize-existing-capacity-and-decrease-driver-dwell-dimes

Nucor deploys PowerFleet telematics for safer steel-manufacturing warehouses

Fork truck operator inside warehouse

Nucor Tubular Products and PowerFleet on Tuesday announced a partnership ⁠— one that will help Nucor achieve its goal of becoming the world’s safest steel company. 

A rigorous pilot program gave Nucor the confidence to fully deploy PowerFleet’s Enterprise telematics solutions in all its lift-trucks and instrument cranes during the first half of 2021. To improve visibility, safety and accuracy of records, Nucor Tubular Products will also deploy PowerFleet Forewarner MAXI Crane Safety lights and...

https://s29755.pcdn.co/news/nucor-deploys-powerfleet-telematics-for-safer-steel-manufacturing-warehouses

XStream Trucking broadens business and becomes TruckLabs

XStream Trucking is no longer content being known just as the maker of the TruckWings tractor-trailer gap-closing technology. It is now TruckLabs, reflecting a broader approach to help fleets be more efficient and profitable.

“We are here to change how the industry innovates, by combining our passion for the trucking industry with our expertise in hardware, software and big data,” TruckLabs CEO Daniel Burrows said in a press release.

The name change appears free of controversy unlike startup...

https://s29755.pcdn.co/news/xstream-trucking-broadens-business-and-becomes-trucklabs

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