Provides maximum fleet utilization and protects the integrity of
dry and refrigerated cargo
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Feb. 25, 2016--
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced that it
has been selected by Bay and Bay Transportation (Bay and Bay) to provide
industry-leading telematics solutions for its mixed fleet, including dry
van and refrigerated trailers as well as dry tank assets, which are used
to transport a variety of non-food grade materials. Founded in 1959, Bay
and Bay is a premier trucking and logistics provider and a leader in the
temperature-control market with extensive reach across the United States.
Bay and Bay will use ORBCOMM’s GT
1100, a ruggedized, easy-to-install trailer
telematics device with a low, one-inch height profile, to track and
monitor its dry van trailers and dry tank assets. The GT 1100 is
sensor-compatible and self-powered with solar recharging technology for
low power consumption and long service life, which eliminates the need
for frequent battery changes. ORBCOMM will also provide Bay and Bay with
an advanced web
application with data reporting and analytics capabilities to
increase in-transit visibility and security of its dry assets.
Bay and Bay will use ORBCOMM’s RT
6000+ cold
chain telematics solution that provides comprehensive, two-way
temperature, fuel management, maintenance, and logistical applications
services for its entire refrigerated trailer fleet. The application
includes ORBCOMM’s proprietary hardware along with a robust web
application to increase the efficiency of Bay and Bay’s refrigerated
transport operations, mitigate product spoilage and ensure compliance
with new food safety regulations.
In addition, ORBCOMM’s telematics
solutions integrate closely with the TMW
Systems TruckMate® transportation management platform.
The TruckMate two-way interface enables Bay and Bay to capture near
real-time asset data, including operational condition and GPS position,
through one comprehensive system.
“The addition of Bay and Bay to our customer portfolio is a great win
for ORBCOMM, and we look forward to helping them maximize asset
utilization and gain significant fuel savings across their mixed fleet
operations,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer.
“ORBCOMM’s advanced technology provides Bay and Bay with full quality
control and compliance for handling both dry and refrigerated cargo
throughout the supply chain.”
“By utilizing ORBCOMM’s powerful telematics solutions, we can streamline
our delivery operations and protect the integrity of the cargo we carry,
while ensuring premier service for our nationwide customers,” said Aaron
Thompson, Executive Vice President for Bay and Bay Transportation. “In
addition, by seamlessly integrating ORBCOMM’s solution with the
TruckMate platform, we now have full visibility over our entire fleet
through one combined data feed, which takes our trucking operations to
an even greater level of productivity and efficiency.”
ORBCOMM has begun installing its telematics system on Bay and Bay’s
trailers and expects the deployments to continue throughout the
remainder of 2016.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of Machine-to-Machine
(M2M) communication solutions and the only commercial satellite
network dedicated to M2M. ORBCOMM’s unique combination of global
satellite, cellular and dual-mode network connectivity, hardware, web
reporting applications and software is the M2M industry’s most complete
service offering. Our solutions are designed to remotely track, monitor,
and control fixed and mobile assets in core vertical markets including
transportation & distribution, heavy equipment, industrial fixed assets,
oil & gas, maritime, mining and government.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has
more than 1.3 million subscribers with a diverse customer base including
premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi
Construction Machinery Co., Ltd., John Deere, Komatsu Ltd., and Volvo
Construction Equipment, as well as end-to-end solutions customers such
as C&S Wholesale, Canadian National Railways, CR England, Hub Group,
KLLM Transport Services, Marten Transport, Swift Transportation, Target,
Tropicana, Tyson Foods, Walmart and Werner Enterprises. For more
information, visit www.orbcomm.com.
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 for the year ended December 31, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160225006633/en/
Source: ORBCOMM Inc.
Investor Inquiries:
ORBCOMM Inc.
Michelle
Ferris, 703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
Financial
and Trade Media:
The Abernathy MacGregor Group
Chuck
Burgess, 212-371-5999
President
clb@abmac.com