PowerFleet, Inc. was selected by Panhandle Transportation Group (PTG) to monitor and remotely manage refrigerated trailers and cargo through PowerFleet’s reefer solution, the LV-400. With the 3G network shutdown on the horizon, PTG needed a roadmap for the LTE transition and, most importantly, maintain complete visibility on its fleet with a high-quality reliable solution. A successful pilot program proved PowerFleet was the unsurpassed partner best equipped to ensure freight visibility and monitoring.
PowerFleet, Inc. announced that its operating subsidiary Pointer Telocation Ltd. (Pointer), a leading provider of telematic services and technology solutions for a wide range of location-based applications, has realized significant momentum in the past year by driving global IoT innovation in the pharmaceutical and food distribution market. Pointer has leveraged its best-in-class IoT solutions to secure multiple new contracts with companies.
PowerFleet, Inc., announced today it has been selected by Nucor Tubular Products to improve safety, compliance, and utilization by using PowerFleet’s telematics solutions. Nucor Tubular Products has employed PowerFleet to enhance the safety of all warehousing operations at its facilities. After a rigorous pilot program, Nucor Tubular Products has chosen to deploy the PowerFleet Enterprise telematics solution across all lift-truck equipment and instrument cranes at a second location in Q4 2020 and the remaining six of its tubular products facilities during the first half of 2021.
PowerFLeet, Inc. announced that its operating subsidiary, Pointer Telocation Ltd. (Pointer), has deployed hundreds of IoT-enabled defibrillators in Israel with the Magen David Adom Ambulance Company. Defibrillators have been installed across the country in telephone booths, lottery stalls and supermarkets as part of a $2 million deployment program. As part of the agreement, Pointer engineered a smart device to install in select locations across Israel. Each device is equipped with a Pointer transmitter, which provides the defibrillators’ location, temperature and battery health to MDA response centers. When the flashing LED button is triggered, the MDA response center remotely unlocks the case which allows users to access the device even in the dark.
PowerFleet, Inc. has been tapped by Kautex to improve its safety, compliance and utilization through PowerFleet’s telematics solutions. As a top 100 supplier to global automotive OEMs, PowerFleet’s next generation telematics offer Kautex complete visibility, improved safety and efficacy across its global manufacturing centers. Leveraging PowerFleet’s VAC4 solutions, Kautex has complete wireless visibility and automated monitoring of all its industrial vehicles. The PowerFleet VAC4 is a highly configurable micro-computer that installs on virtually any type of industrial vehicle.
PowerFleet, Inc. today announced it has been chosen by Ryder System, Inc., a leading logistics and transportation company, to embed telematics into its forklifts and other material handling equipment within its warehouses. Ryder operates behind the scenes, managing critical fleet, transportation, and supply chain functions for more than 50,000 customers, many of which make the products that consumers use every day. Over the next 12-18 months, Ryder will be deploying the PowerFleet Enterprise solution on over 1,000 pieces of material handling equipment at more than 30 sites in North America.
Cellocator by PowerFleet provided The French Red Cross with a plug and play traceability solution to be used during shipment of healthcare equipment and supplies using the MultiSense and WatchM mobile application. The French Red Cross, a major player in the French humanitarian response plan specifically focusing on prevention and control of epidemics in Sub-Saharan Africa, along with its emergency task forces in the Democratic Republic of Congo, utilized Cellocator’s traceability solution of healthcare equipment and supplies in order to respond effectively to the COVID-19 epidemic and EVD.
PowerFleet announced it will be outfitting a large portion of the full Day & Ross trailer fleet with PowerFleet’s LV-500 solar tracking solution and the PowerFleet LV-710 Freight Camera. As one of the largest transportation companies in Canada, with a focus on efficient and effective equipment utilization, Day & Ross intends on deploying the PowerFleet’s LV-500 product across a fleet of over 3,000 trailers to optimize the management of shipping lanes and ensure cost effective operations; a portion of these trailers will also be equipped with the PowerFleet LV-710 camera system.
After just one year into a multi-year contract with the leading provider of intralogistics to collaborate on product development, sales and support for their telematics needs, PowerFleet is proud to announce an extension to its existing agreement with Jungheinrich. PowerFleet was originally tapped by Jungheinrich to develop a highly integrated telemetry platform for its vehicles combined with sophisticated fleet management software in Europe. Through this evolving partnership, PowerFleet will continue to help Jungheinrich expand their market penetration in EMEA and North America by enabling Jungheinrich customers to run safer, more cost-effective intralogistics operations.
PowerFleet® was added to the broad-market Russell 3000® Index at the conclusion of the annual reconstitution of the Russell indexes, effective after the U.S. market opens today, June 29, according to the FTSE Russell website. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 8, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.