Fills the vessel traceability gap and enables seamless management
of refrigerated containers across road, rail, water, ports, and yards
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--May 9, 2017--
ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of
Machine-to-Machine (M2M) and Internet of Things (IoT) solutions,
announced today that TOTE Maritime Puerto Rico, a premier shipping
carrier specializing in moving cargo between the U.S. mainland and Puerto
Rico, has selected ORBCOMM to provide its GSM-based VesselConnect
solution to remotely manage TOTE Maritime’s fleet of smart
refrigerated containers at sea.
TOTE Maritime is using ORBCOMM’s telematics solution to monitor and
control its refrigerated container fleet transporting
temperature-sensitive, high-value goods such as pharmaceuticals,
cosmetics, food and candy on land. The addition of VesselConnect extends
connectivity to the water, providing TOTE Maritime with seamless
visibility and control of its assets along the cold chain from point of
origin to destination.
ORBCOMM’s VesselConnect allows TOTE Maritime to receive critical data
from its containers, including reefer status, temperature and slot
location, while on the vessel or on shore through any Internet-connected
device. TOTE Maritime can adjust reefer set points and conduct pre-trip
inspections on-board, reducing manual labor and expediting cargo
distribution on land. In addition, the Vessel Connect system provides
TOTE Maritime with the precise temperature monitoring capabilities and
records needed for compliance
with the FDA’s Food Safety Modernization Act regulatory
requirements.
A key benefit of VesselConnect is enhanced crew efficiency and safety by
eliminating the need to manually check the temperature status and
condition of reefer containers. If an alarm occurs, it will be
automatically displayed on the VesselConnect console, and an engineer
can be promptly sent to check and resolve any issues. The system also
identifies non-performing equipment, so shore-based staff can be alerted
in advance that repairs are needed, thereby reducing time out of service
as well as insurance claims.
“As shipping lines move to the increased use of GPS and GSM-enabled
containers, they need to fill the traceability gap on vessels at sea,
and ORBCOMM’s VesselConnect solution provides end-to-end visibility of
refrigerated container operations,” said Marc Eisenberg, ORBCOMM’s Chief
Executive Officer. “We look forward to helping TOTE Maritime realize the
bottom-line benefits of its investment in ORBCOMM’s advanced telematics
system, including reduced cargo damage, lower operating costs, better
regulatory compliance, and most importantly, enhanced customer service.”
“By deploying ORBCOMM’s VesselConnect solution, we have access to
comprehensive, real-time information about our refrigerated sea
containers that enables us to not only maximize the safety and
efficiency of our supply chain operations, but also better serve our
customers,” said Jim Wagstaff, VP of Operations, TOTE Maritime Puerto
Rico. “We are proud to be the first inline shipping company in North
America to adopt this cutting-edge technology, which demonstrates our
leadership, flexibility and commitment to continue improving our service
levels and meeting the industry’s evolving requirements.”
TOTE Maritime expects to complete deployment of ORBCOMM’s VesselConnect
solution in late Q2 2017.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of
Machine-to-Machine (M2M) and Internet of Things (IoT) 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 1.77 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.
About TOTE Maritime Puerto Rico
Headquartered in Jacksonville, FL, TOTE Maritime Puerto Rico offers
integrated transportation services to and from the United States, Puerto
Rico and the U.S. Virgin Islands. TOTE Maritime’s Marlin Class vessels,
which are the first LNG powered container ships, provide dependable,
scheduled service between the United States and Puerto Rico. Company
operations are certified to ISO 9001, ISO 14001, and OSHA 18001
standards. For more information, visit www.totemaritime.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, 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/20170508006561/en/
Source: ORBCOMM Inc.
For Investors:
ORBCOMM Inc.
Michelle Ferris,
+1-703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
For
Trade Media:
ORBCOMM Inc.
Sue Rutherford,
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VP of Marketing
rutherford.sue@orbcomm.com