Gains significant fuel savings and maximizes asset utilization and compliance
ROCHELLE PARK, N.J., Jan 13, 2015 (BUSINESS WIRE) -- ORBCOMM Inc. a leading global provider of Machine-to-Machine (M2M) solutions, today announced that Werner Enterprises, Inc. (Werner) selected ORBCOMM to provide an industry-leading tracking and monitoring solution for its over-the-road refrigerated trailers. Founded in 1956, Werner is a premier transportation and logistics company, providing services throughout North America, Asia, Europe, South America, Africa and Australia.
Werner uses ORBCOMM’s cold chain telematics solution that provides comprehensive temperature, fuel management, maintenance, and logistical applications services for its refrigerated trailers. The application includes ORBCOMM’s proprietary hardware along with a robust web application with data reporting and analytics capabilities to increase in-transit visibility and efficiency of Werner’s refrigerated transport operations. Leveraging ORBCOMM’s proven solution, Werner will fully integrate the trailer data with its proprietary back-office platform to gain significant fuel savings, optimize temperature compliance and maximize asset utilization.
“We are pleased to be working with Werner, a technology leader in the transportation industry, to help them improve the efficiency of their cold chain operation and gain a stronger competitive edge in customer satisfaction and regulatory compliance,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “ORBCOMM’s advanced technology also offers Werner an added level of safety and security that we expect will translate into a positive impact on their bottom line through reduced fuel costs, maintenance and conservation of loads.”
“By utilizing ORBCOMM’s state-of-the-art telematics solution, we can ensure the on-time delivery and product integrity of our customers’ temperature-controlled products – from fresh produce to frozen products to pharmaceuticals,” said Steve Phillips, Senior Vice President of Equipment Resources for Werner Enterprises, Inc. “ORBCOMM’s tracking and monitoring solution provides complete visibility of our trailers and the cargo they are carrying throughout the supply chain so we can optimize use of our assets and provide our customers with best-in-class service, which is paramount to our business.”
ORBCOMM has already begun installing its telematics system on Werner’s refrigerated trailers.
About ORBCOMM Inc.
ORBCOMM is a global provider of Machine-to-Machine (M2M) solutions. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Inc., Komatsu Ltd., Cartrack (Pty.) Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure as well as our Tier One cellular partners, ORBCOMM’s low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in our core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.
ORBCOMM is an innovator and leading provider of tracking, monitoring and control services for the transportation market. Under its ReeferTrak®, GenTrakTM, GlobalTrak®, and CargoWatch® brands, the company provides customers with the ability to proactively monitor, manage and remotely control their cold chain and dry transport assets. Additionally, ORBCOMM provides Automatic Identification System (AIS) data services for vessel tracking and to improve maritime safety to government and commercial customers worldwide. ORBCOMM is headquartered in Rochelle Park, New Jersey and has its Innovation & Network Control Center in Sterling, Virginia. For more information, visit www.orbcomm.com.
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 for the year ended December 31, 2013, Item 8.01 of our Current Report on Form 8-K dated November 6, 2014, 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.
SOURCE: ORBCOMM Inc.
Chief Financial Officer
The Abernathy MacGregor Group