The French Red Cross Selects Cellocator by Powerfleet for COVID-19 Humanitarian Response

The French Red Cross Leveraged Cellocator by Powerfleet Solution to Track and Manage the Shipment of Healthcare Equipment and Supplies to Respond to the COVID-19 Epidemic and Ebola Virus Disease (EVD) During June 2020

WOODCLIFF LAKE, N.J., Aug. 05, 2020 (GLOBE NEWSWIRE) — Cellocator by Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, 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.

This mission was made possible thanks to the support of the Airbus Foundation, which provided the French Red Cross with an Airbus A330neo. This plane recently departed from Châlons Vatry Airport in northeastern France to Brazzaville (Republic of the Congo), with 16 tons of goods onboard. The cargo landed in Brazzaville and then was transported by barge on the Congo River to Kinshasa, and finally delivered via ground transport to the local Red Cross storage centers based in Mbandaka.

The French Red Cross tested Cellocator’s solution to monitor the location and environmental conditions (temperature, humidity, shock, and light) throughout the entire 10,000 km journey. The innovative and compact MultiSense devices were inserted inside the packages to log sensor data in real-time and transmit it along with the shipment’s location via the WatchM mobile application.

“We are proud to take part in this special COVID-19 operation,” said Avi Magid, President of Pointer and Cellocator. “Effective monitoring of supply chain conditions is fast becoming mandatory to ensure the integrity and safety of pharmaceutical shipments, and technology is a critical part of making it possible.”

About Cellocator by Powerfleet

Cellocator is part of the global Industrial Internet of Things company Powerfleet ® Inc (NASDAQ: AIOT). Powerfleet is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Their offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About The French Red Cross

The French Red Cross, founded in 1864, is an independent charity working alongside governments and public authorities. As a key player in society, we provide humanitarian, health, social, welfare and training services. To help carry out our assignments we have a strong team of 18,000 employees and 56,000 volunteers, who on a daily basis, pursue consistent and unwavering charitable principles to provide local support and deliver tangible results and long-term solutions.

Day & Ross Turns to Powerfleet for Solar Powered Tracking Technology

Leading Trucking Company to be Equipped with Powerfleet LV-500 and Powerfleet LV-710

WOODCLIFF LAKE, N.J., Aug. 03, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, 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 more than 8,000 employees, drivers, and owner operators, Day & Ross has grown to be a critical player in transportation and logistics in North America. 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.

“After extensive review, we selected Powerfleet’s LV-500 solar platform and their LV-710 freight camera because it was the most advanced technology in the market, they are easy to deploy, and easy to use,” explained Matt Trites, Director, Maintenance, Day & Ross. “We now obtain literal visibility into how our equipment is utilized and how the freight is loaded and handled.”

The Powerfleet LV-500 is the industry’s first multi-powered asset tracking solution, leveraging solar panels, supercapacitors and long-lasting primary batteries for unmatched service life and critical event visibility. The Powerfleet LV-710 combines a high-definition camera, image recognition processor, door sensor and ‘cargo-area’ environmental sensors for true freight visibility and condition, and it also provides accurate visual proof of the empty and loaded status of trailers, trailer cube utilization and aids in more accurate customer billing.

“We are thrilled that Day & Ross selected Powerfleet based on our history of supporting the needs of diversified truck load fleets,” explains Powerfleet Chief Product Officer, Elizabeth Elkins. “Our integrated logistics solutions are ideal for the highly innovative culture at Day & Ross. Combined with our rugged devices built to perform in the most challenging of environmental conditions, our solutions offer intelligent fleet visibility bolstered by our high definition camera and sensor suite to monitor assets and cargo in Day & Ross’ cross-border operations.”

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Day & Ross

With over 8,000 employees, drivers, and owner operators in Canada and the US, Day & Ross offers a diversified portfolio of freight and delivery solutions to top brands across North America. The company got its start by hauling potatoes out of New Brunswick in 1950 and became a wholly owned subsidiary of McCain Foods in 1966. Today, their key services include LTL/TL and cross-border transportation, logistics, dedicated fleets, and residential delivery.

For over a decade, Day & Ross has been recognized consistently as one of Canada’s Best Managed Companies and was named a Top Company for Women to Work for in Transportation in 2018 and 2019. Their commitment to safety and sustainability is rooted in their family values and their care for their employees and the communities where they work and live. For more information, visit www.dayross.com.

Jungheinrich AG Extends Global Technology Agreement with Powerfleet

Partnership Expansion Will Offer New Solutions and Channel Affiliation in Europe, Middle East and Africa (EMEA) and North America

WOODCLIFF LAKE, N.J., July 13, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, tractor trailers, containers, cargo, automobiles, and light and heavy duty truck fleets, will be expanding its partnership with Jungheinrich AG.

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.

The collaboration between Powerfleet’s best-in-class technology and Jungheinrich’s comprehensive portfolio of material handling equipment, logistics systems and services has generated strong momentum for both companies.

“The reliability and innovation of Powerfleet’s solutions have exceeded our expectations for the partnership,” said Frank Marschatz, service director at Jungheinrich. “We at Jungheinrich set out with Powerfleet to provide our customers with the best solutions possible, which is why after only one year, we’re expanding that offering. Powerfleet’s product features and quality not only met but surpassed our industry-leading standards.”

Ute Filippone, managing director EMEA for Powerfleet, commented: “We have enjoyed working with Jungheinrich to ramp up its telematics sales offerings. Our integrated solution enables Jungheinrich customers to quickly and accurately monitor utilization, damage, and safety compliance of their fleets in order to identify problem and improvement areas. Jungheinrich’s commitment to providing its customers with exceptional service has made this partnership a wonderful success. We are excited to build on the partnership’s momentum by introducing product offerings that will open up new opportunities for Jungheinrich.”

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Jungheinrich

Founded in 1953, Jungheinrich ranks among the world’s leading solutions providers for the intralogistics sector. With a comprehensive portfolio of material handling equipment, automatic systems and services, Jungheinrich is able to offer customers tailored solutions for the challenges posed by Industry 4.0. The Hamburg-based Group is represented worldwide in 40 countries with its own direct sales companies and in approximately 80 other countries through partner companies. Jungheinrich employs 18,000 people worldwide and generated Group revenue of €4.07 billion in 2019. The Jungheinrich share is listed on the SDAX.

Powerfleet Joins Russell 3000® Index

WOODCLIFF LAKE, N.J., June 29, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, 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.

“Joining the Russell 3000 Index represents another important milestone for Powerfleet that we expect will increase awareness of our accomplishments,” said CEO Chris Wolfe. “This follows several other achievements for our company, including the successful merger and integration with Pointer Telocation, which has established Powerfleet as a leading global IoT telematics software and solutions provider. We hope to leverage this additional exposure within the investment community into improved liquidity and greater awareness for Powerfleet, which should positively impact both new and existing investors going forward.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About Powerfleet

Powerfleet®, Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Rusken Packaging Selects Powerfleet® For Optimized Trailer Efficiency

Powerfleet LV-500 and LV-710 Solutions Offer Private Fleet Unmatched Visibility

WOODCLIFF LAKE, N.J., June 22, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, cars, and light and heavy duty truck fleets, has been selected by Rusken Packaging to outfit its private fleet with the Powerfleet LV-500 solar tracking solution and the Powerfleet LV-710 Freight Camera.

The Alabama-based company will utilize Powerfleet’s LV-500 solar tracking solution coupled with the LV-710 Freight Camera to help maintain visibility of location and load status for its full fleet of trailers with deliveries starting in June of 2020. Powerfleet’s leading logistics solutions will better enable Rusken to eliminate manual yard checks and improve operating efficiencies through its powerful IQ analytics portal with robust utilization reporting.

“The past few months have proven that now, more than ever, transparency and efficiency are the best defense against supply chain vulnerabilities,” said Jeff Bowman, Corporate Logistics Director of Rusken Packaging. “Powerfleet’s reliable, next generation solutions give us the confidence that we are future proofing our business and ensuring we’re always able to deliver the best quality of service to our customers. We look forward to using the cutting-edge Powerfleet technology to ensure optimal asset utilization throughout our organization.”

The Powerfleet LV-500 is the industry’s first multi-powered asset tracking solution, leveraging solar panels, supercapacitors and long-lasting primary batteries for unmatched service life and critical event visibility. The LV-500 combines advanced wireless sensor technology, a cloud-based application, and analytics to increase turns, utilization and profit.

This solution will be deployed in conjunction with the Powerfleet LV-710, which combines a high-definition camera, image recognition processor, door sensor and ‘cargo-area’ environmental sensors for true freight visibility and condition. The pairing of these two solutions will offer Rusken Packaging greater insight and quality control through the supply chain with imagery, environmental sensors, and real-time updates.

“Rusken’s strong growth over the last decade is testament to a clear focus on their products, customers and staff,” explains Powerfleet Chief Product Officer, Elizabeth Elkins. “We are thrilled that Powerfleet’s technology is a cornerstone in Rusken’s innovative approach to drive continuous visibility and top-quality service in their customer focused regional transit model.”

Powerfleet Recognized as Critical for COVID-19 Response

Company and Employees Recognized by Department of Homeland Security as Key Technology Supplier

WOODCLIFF LAKE, N.J., March 23, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, has been notified by one of its marquee food and beverage customers that as a key supplier Powerfleet and its employees have been recognized by the U.S. Department of Homeland Security as workers who provide essential critical infrastructure during the COVID-19 response. In Israel, Powerfleet’s operations have also been designated as an essential service as it supports emergency responders and critical logistics infrastructure.

Powerfleet’s global customers include Walmart, The United States Postal Service, XPO Logistics, Nestle, Proctor & Gamble, General Mills, Publix, Performance Food Group, Kraft, and many more. These companies are the backbone of the U.S. and global food distribution supply chain and Powerfleet is committed to supporting these critical operations at this time.

Powerfleet provides its tracking and monitoring technology to many critical industries in the food distribution supply chain. The company’s technology is instrumented on key assets such as over the road dry van trailers, refrigerated trailers that haul perishable goods, as well as land and rail shipping containers. Powerfleet technology helps companies run safer and more efficient warehouse operations and logistics operations.

“Powerfleet has and continues to provide the utmost critical customer support during these times to enable our customers to react quickly and safely as they move critical cargo across the globe,” stated CEO Chris Wolfe. “We have also proactively adjusted our cost structure in order to make sure our balance sheet and business can not only weather this storm but come out stronger when the situation recovers. Our priorities remain clear, keep our employees and our communities safe, keep our company healthy and poised for growth, and help our customer’s keep food and household goods getting to where they need to go.”

Powerfleet Launching New Updates to Powerfleet Expert Suite

Updates Expand Current Product Offering with New OC55 and OC59 Devices

WOODCLIFF LAKE, N.J., March 09, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, has announced significant updates to its Powerfleet Expert suite with the additions of OC55 and OC59. OC55 is set to launch this month and OC59 will be available later in the year.

The OC55 combined with the Powerfleet Expert software enables industrial truck fleet management to bolster safety practices and increase visibility for better asset management. The OC55 has been designed to ensure that pallet jacks, boom lifts, scissor lifts, sweeper/scrubber and other material handling equipment are used by authorized operators while meeting HSE regulation compliance.

With the OC55 and Powerfleet Expert, customers can simplify asset maintenance management, optimize labor resources and turn actionable data into results to reduce costs. The OC55 ensures users efficiently maintain OSHA compliance with intuitive automated checklists, decreases potential damage through impact reporting, and drives a culture of safety that helps to reduce costs. Additionally, the OC55 requires an RFID employee card or numeric code for operation, ensuring that no unauthorized users use assets they are not qualified to operate.

The OC59 will offer all the benefits of the OC55 but with cellular communication and GPS, so customers can experience the benefits of Powerfleet Expert solutions on material handling equipment used outside without requiring Wi-Fi connectivity.

“The technologies used for fleet and warehouse management have become business critical for the success of our clients,” explains Powerfleet for Industrial General Manager, Mark Stanton. “The OC55 and OC59 additions to our Powerfleet Expert suite will not only help future proof their operations, but also ensure better reliability and safety in the way material handling equipment is used.”

Mobileye and Pointer Collaborate to Install Traffic Telematics Units on Traffic Lights in Jerusalem

WOODCLIFF LAKE, N.J., Feb. 20, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (NASDAQ: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has announced that its subsidiary, Pointer, is working in tandem with Mobileye to install Pointer telematics units on traffic lights in the streets of Jerusalem. The negotiation follows the joint pilot between both companies.

Pointer’s telematics units transmit the status of the traffic light in real time to the Mobileye Autonomous Experimental Vehicles. The units enable direct communication between the traffic light and the vehicle and provide an additional data layer from the vehicle’s sensors.

Once installed on the traffic lights in Jerusalem, Pointer’s telematics units will transmit the traffic light status every 0.4 seconds. Events will be recorded in real-time on the experimental vehicles in order to verify the traffic light color. The contact between both companies encompasses hundreds of telematics units and over 86,000 daily broadcasts.

Ilan Goldstein CEO Pointer, Powerfleet Group noted, “The traffic light network will offer an additional layer of data for autonomous vehicles moving on Israeli roads today, as well as those moving worldwide in the future.

The Mobileye experimental vehicles will be able to receive traffic light alerts (red, yellow and green) both through car cameras and through the traffic light telematics units. We expect the experiment to be extended to other regions of the country as well as to other markets around the world. Pointer is pleased to join Mobileye on this pioneering project.”

Yossi Hadad, Vice President and VP of Software Integration and Advanced Systems at Mobileye: “As part of the company’s safety concept, we aim to produce redundancy (data duplication) mechanisms to verify the reliability of information received in autonomous vehicle systems. To that end, we are exploring the use of additional sources of information and technologies that are available to us, while maintaining uncompromising security.”

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit www.Powerfleet.com, the content of which does not form a part of this press release.

Tropical Shipping Selects Powerfleet for U.S. and Caribbean Chassis Fleet

Next Generation LV-Series to Empower Tropical’s Operations Future

WOODCLIFF LAKE, N.J., Feb. 18, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (NASDAQ: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has announced a partnership with Tropical Shipping, a transportation company that services the Bahamas, Caribbean, South and Central America.

Under the terms of the deal, Powerfleet will equip Tropical’s entire U.S. chassis fleet with over 2,000 5G Compatible LTE LV-300 next generation asset visibility systems on existing chassis, as well as new builds.

Powerfleet’s solutions will enable Tropical Shipping’s operations to improve chassis pool visibility and utilization. Powerfleet’s asset tracking will also generate better supply chain resource allocation through real-time in-transit visibility and more accurate arrival and departure information. Tropical expects to also increase efficiency in maintenance management for more reliable service for time-sensitive customer needs.

“Tropical Shipping is committed to partnering with our customers to ensure the well-being of shipments across our entire supply-chain,” said Doug Vogt, Tropical’s VP of Operations and Equipment. “We are extremely impressed with Powerfleet’s full suite of operating functionality and the overall ease of use. The robust reporting and analytics within Powerfleet’s solution will help us improve the on-time service and cargo tracking to our customers and the destinations that we serve.”

Powerfleet CEO, Chris Wolfe, added: “We are beyond excited to work with Tropical to improve efficiencies across terminals. Powerfleet is a trusted resource for companies like Tropical that operate in areas with unpredictable and turbulent weather. Our enterprise asset management and operational and analytics tools allow our partners to protect materials under their watch and make sure they get to where they need to go.”

About Powerfleet

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

About Tropical

Tropical Shipping is a transportation company that provides cargo shipping services from Canada and South Florida to the Bahamas and the Caribbean as well as South and Central America, as well as providing inter-island transportation services throughout the region. Established in 1963, the Miami-based company owns a fleet of 17 vessels with carrying capacity of 9,250 TEUs operating Port Terminals and warehouse facilities in select seaside ports to meet freight-shipping needs to and from The Caribbean and The Bahamas.

Today, Tropical operates ships from Canada and South Florida to The Bahamas and Caribbean, as well as providing inter-island transportation services throughout the region. Our customers transport everything imaginable – and we handle it all, from small packages to millions of tons of grocery products and building materials.

Tropical Shipping’s relationship with our Caribbean and Bahamian neighbors is deep and lasting, built on leadership, trust, responsiveness and good corporate citizenship. Everything Tropical Shipping does, every value we stand for, every course of action we take, is intended to deliver the highest level of service to our customers. From booking cargo and cargo tracking to delivering cargo on time, we are focused on reliability and on doing what we say.

All Truck to Roll Out Powerfleet LV-Series Across Their Entire Fleet

WOODCLIFF LAKE, N.J., Jan. 30, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (NASDAQ: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has been engaged by All Truck to upgrade its entire fleet of 1,500+ trailers from existing 3G devices to Powerfleet 5G-compatible LTE LV-100 devices.

Specializing in local and regional truckload transportation solutions throughout the Midwest, All Truck selected Powerfleet’s services to help streamline operations and generate increased visibility across its fleet, as the business continues to expand services across the United States. Upgrading the All Truck fleet to LTE LV-100 devices is a critical business initiative enabling All Truck to understand fleet and asset activity in real time so it can quickly manage and respond to customer capacity demand.

“Next generation technology such as the Powerfleet LTE LV-100 devices will be crucial to our expansion across the U.S.,” explained All Truck president, Nino Alagna. “An overhaul of our entire fleet would normally be a massive undertaking, but Powerfleet’s proven technology is flexible and easily integrates to our transportation management software, taking the headache out of the upgrade process.”

Founded in 1978, All Truck built a notable presence in the transportation industry, quickly growing to a 385-truck operation with a 1500+ fleet of trailers. Achieving an annual growth rate of 15%, the company continues to achieve success across the market by providing clients with exceptional care using cutting-edge technology and advancements in the industry.

“Market-leading customer service requires visionary and high-quality solutions, and we understand the pressure that this puts on our customers to adapt, upgrade and scale with the evolving market,” said Powerfleet CEO, Chris Wolfe. “We’re pleased to partner with All Truck to help them get a jump on the upcoming 3G sunset and we look forward to continuing our successful relationship with All Truck to generate value for both the company and their customers.”

About Powerfleet®

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

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