ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that Ryder System, Inc. (Ryder) has selected ORBCOMM to deliver a comprehensive telematics systems solution tailored for Ryder’s fleet of more than 30,000 dry van, refrigerated and flatbed trailers. ORBCOMM’s solution will provide connectivity through ORBCOMM’s state-of-the-art hardware and a robust, web-based analytics platform for fleet management. Ryder will utilize the ORBCOMM solution in both its lease and rental trailer fleets in response to customer demand for a best-of-breed tracking and monitoring solution.
ORBCOMM’s solution will make it easier for Ryder customers to monitor their assets in real time, maximizing visibility and utilization. In addition, the technology can provide refrigerated trailer monitoring and control for Ryder’s cold chain customers to improve quality, mitigate product spoilage and ensure compliance with new food safety regulations.
For its dry van and flatbed trailers, Ryder is using ORBCOMM’s GT1100, a ruggedized, easy-to-install device with a low, one-inch height profile and small form factor, making it ideal for tracking and monitoring trailers and other types of cargo assets. The GT1100 is sensor-compatible and self-powered with solar recharging technology for low power consumption and long service life in the field. The GT1100 also recently won the 2013 CTIA E-Tech Award for Innovation in M2M. For its refrigerated trailers, Ryder is using ORBCOMM’s RT6000+, a powerful two-way reefer monitoring and control device that provides comprehensive temperature, fuel management, maintenance, and logistical applications services for the command and control of temperature-controlled cargo.
ORBCOMM has developed a customized web application for Ryder with advanced data reporting and analytics capabilities to increase in-transit visibility and security of its dry van, refrigerated and flatbed assets. Utilizing this high-performance technology in conjunction with near-real-time asset data, Ryder can best manage its fleet, increasing asset utilization, productivity and customer service.“We are excited to solidify our long-time relationship with Ryder, a leader in commercial transportation and an innovator in the use of fleet management technology, through this new vendor agreement,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “By leveraging ORBCOMM’s full systems solution, Ryder can utilize our telematics technology, hardware and network service for both lease and rental fleets to provide customers with maximum efficiency and return on investment as well as allow them to comply with product reporting requirements.”
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