trucking telematics

FreightWaves LIVE Recap: Cargo Transporters upshifts telematics

With the clock ticking on the 3G cellular network and the need to transition to higher speeds relied upon by telematics devices, carriers are looking for the right partner — if they haven’t already found one — to make that shift.

For Claremont, North Carolina-based Cargo Transporters, a truckload carrier operating approximately 500 power units and 1,800 trailers, SkyBitz was up to the task.

“We started looking about two years ago into how we were going to handle [the sunsetting of 3G],” Cargo...

https://www.freightwaves.com/news/freightwaves-live-recap-cargo-transporters-upshifts-telematics

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

Orbcomm reports third-quarter loss of $5.5M

Orbcomm Inc. (NASDAQ: ORBC) on Wednesday reported a third-quarter net loss of $5.5 million, with a per-share loss of $0.07.

The Rochelle Park, New Jersey-based company posted revenue of $61.7 million in the period, compared to $69.1 million during the third-quarter of 2019, a 10.7% decrease.

Company officials said the decline in revenue can partly be attributed to “certain customers in the oil and gas and heavy equipment markets that limited usage of our services in response to the ongoing...

https://www.freightwaves.com/news/orbcomm-reports-third-quarter-loss-of-55m

The Daily Dash: Emails lead to state of confusion for Prime drivers; another carrier shuts down

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a pair of emails sent to Prime Inc. drivers last week created some confusion about their involvement in a class-action lawsuit settlement. Plus, a Texas trucking company has become the latest to shut down, and Workhorse has received another $200 million to build electric trucks.

Should I click that link?

Prime Inc. drivers potentially eligible for a settlement from a class-action lawsuit received...

https://s29755.pcdn.co/news/the-daily-dash-emails-lead-to-state-of-confusion-for-prime-drivers-another-carrier-shuts-down

Digitization can shape a company’s safety culture (with video)

A screenshot photograph of two men.

Using data collected from innovative technology such as wearables not only supports safety measures and productivity, according to Cormac Gilligan, global vice president of environment, health and safety for PepsiCo Inc. (NASDAQ: PEP). It can also provide employees with a sense of ownership because of the data’s real-life applications.

Gilligan pointed to PepsiCo’s adoption of employees using wearables during certain work shifts or manufacturing plants and distribution centers. The wearables...

https://www.freightwaves.com/news/digitization-can-shape-a-companys-safety-culture-with-video

Teletrac Navman launches real-time, predictive telematics platform

Teletrac Navman launches real-time, predictive telematics platform (Photo: Jim Allen/FreightWaves)

Global telematics provider Teletrac Navman has announced its next-generation solution TN360, which will provide real-time and actionable data insights that businesses can leverage for improved fleet monitoring. TN360 is powered by artificial intelligence (AI) and uses scalable cloud technology and real-time computer vision data to analyze truck movement. 

“Being in the business for several decades, we have realized that not all telematics are made equal. Telematics of today, even if they say...

https://s29755.pcdn.co/news/teletrac-navman-launches-real-time-predictive-telematics-platform