Orbcomm Inc., a global provider of machine-to-machine solutions, last week announced that Ryder System 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 its 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.
Orbcomm 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 CEO. "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."
Orbcomm has already successfully deployed more than 2,000 systems on Ryder's trailers, and Ryder will extend Orbcomm's telematics solution to its commercial lease and rental customers as a value-added benefit on their equipment.
Orbcomm customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Komatsu Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit satellites and accompanying ground infrastructure as well as its Tier One cellular partners, Orbcomm's two-way data communication services track, monitor and control mobile and fixed assets in its core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.