- March 26, 2018
In addition to its industry-leading cargo solutions, ORBCOMM will demonstrate its truck management solutions, which enable simplified Hours of Service (HOS) management so drivers can maximize driving hours and comply with regulations. ORBCOMM’s solutions provide the most driver-friendly interface in the market and are certified with the FMCSA’s Electronic Logging Device (ELD) mandate in the United States and working hour rules in Canada. ORBCOMM’s solutions also monitor and report on driver performance to help improve fleet safety, minimize vehicle wear and tear and optimize fuel economy. These solutions offer driver performance scorecards, peer-comparison and live on-board coaching to increase awareness of driving patterns and reduce aggressive driving behaviors that may lead to fines, accidents and higher insurance premiums.
ORBCOMM will also feature its enhanced trailer tracking solution, which now supports a security cable that can be used for intrusion detection applications for trailers and containers, sending alerts when the cable is open or cut, to help prevent theft, damage and unauthorized use. For enhanced versatility, ORBCOMM’s trailer tracking solution now offers an optional wireless temperature probe for monitoring the temperature of the cargo area or pallet, serving as an economical cold chain solution. ORBCOMM will be showcasing a host of other feature enhancements, support functionality and third-party integrations for its portfolio of transportation devices and SaaS applications to help customers operate their businesses smarter and more effectively.
“With our comprehensive portfolio of transportation and logistics solutions, ORBCOMM enables visibility and control of nearly every type of transport asset as they move across the global supply chain,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “From freight transportation monitoring, cold chain compliance and refrigerated asset monitoring to vehicle fleet management, in-cab driver safety and cargo security systems, ORBCOMM’s leading technology enables customers to manage any size fleet and any mix of assets from a single platform for improved operational efficiency, safety and compliance.”
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.
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.
Michelle Ferris, Director of Corporate Communications
For Trade Media:
Sue Rutherford, VP of Marketing