Knight Transportation Extends Contract With Asset Intelligence For VeriWise(TM) Trailer Fleet Management Systems

WOODCLIFF LAKE, N.J. and PLANO, Texas, Oct. 10, 2013 (GLOBE NEWSWIRE) -- Asset Intelligence, a leading provider of M2M transportation asset management solutions and a subsidiary of I.D. Systems, Inc. (Nasdaq:IDSY), has executed a two-year contract renewal with Knight Transportation, Inc. (NYSE:KNX), one of North America's largest truckload carriers, to extend its deployment of VeriWise™ trailer management systems. A mix of VeriWise solutions—including VeriWise Track and Trace, VeriWise Dry Van with cargo sensing, and VeriWise Reefer—is installed on Knight's fleet of dry vans, chassis, and refrigerated trailers. Knight operates a fleet of approximately 9,000 trailers and has been an Asset Intelligence customer since 2000.

Under the contract, Asset Intelligence will also develop additional system capabilities for Knight, including:
  • New dashboard reports for refrigerated trailers, targeting fuel consumption and cost metrics
  • Enhanced system access for mobile devices
  • A new, dynamic field service application for the iPad

Steve Grover, Vice President Business Process Improvement at Knight, said, "Our VeriWise trailer management systems are fully integrated into our daily operations, helping us run a lean operation, minimize costs, and optimize customer service—giving Knight critical competitive advantages. VeriWise provides us with real-time visibility of our many different types of cargo-carrying assets, and the systems have consistently delivered effective, reliable results to meet our demanding requirements."  

"Knight has been a key Asset Intelligence customer and partner for many years, helping our solutions stay at the cutting edge of technical innovation," said Doug Hoehn, senior vice president at I.D. Systems. "We are excited to continue working with Knight and expanding their ability to get mission-critical asset information that drives significant operating efficiencies across their trailer fleet."

About VeriWise™ Solutions

VeriWise asset tracking systems combine sensor, wireless, and web technologies to provide real-time visibility and control of trailers and their cargo. The systems automatically identify, analyze, and respond to critical transportation issues to improve the efficiency and security of logistics operations.

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