Innovative Technology Enables AIM to Set Itself Apart from Other Providers
WOODCLIFF LAKE, N.J., July 30, 2019 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, is helping American Intermodal Management, LLC (AIM), an industry leader in chassis provisioning and asset management across the U.S., extend the value proposition of the chassis beyond a piece of equipment to integrate itself into its clients’ supply chains. With the most recent order, AIM will now have its entire 11,000-unit fleet powered by PowerFleet.
Working with AIM since 2016, PowerFleet® for Logistics by I.D. Systems continues to collaborate on technology to streamline core business intelligence and tailor asset management solutions that work to improve operational efficiency, increase agility and achieve a greater overall business value. PowerFleet’s chassis tracking and sensor solutions help AIM’s lease and rental customers maximize chassis utilization – offering greater visibility and comprehensive, reliable data. Targeted benefits include reduced transit cycle times, improved operations, enhanced productivity and lower operational cost.
“Our objective has always been to leverage transformational technologies with the goal of improving operations and increasing efficiencies across our business,” said Than Seeds, CEO, AIM. “That’s why we look forward to continuing to partner with PowerFleet in order to capitalize on their innovative technology and produce a greater economy for all our stakeholders.”
Norm Thomas, General Manager of PowerFleet for Logistics, explained: “We appreciate our continued partnership with AIM and their commitment to our product roadmap. We make it our business to give our partners a competitive edge that they ultimately experience as streamlined operations, increased accountability and money saved. That’s why we’re constantly innovating, integrating and customizing our technologies for our customers.”
About American Intermodal Management (AIM)
Headquartered in Scottsdale, Arizona, American Intermodal Management, LLC (AIM) was formed in 2016 in response to strong industry demand desiring alternatives for chassis provisioning, and asset management across the U.S. AIM owns and leases technology enhanced marine chassis to customers who transport marine containers between ports, rail ramps and distribution centers in North America. The AIM business model combines integrity, proactive-disciplined management processes, high quality assets, innovative technology application, and a passion for excellence to achieve maximum value creation. Currently, AIM has over 11,000 chassis deployed at the ports of Los Angeles, Long Beach, Seattle, Houston, Oakland and is continually expanding its footprint.
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, Germany and the United Kingdom, I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, trailers, containers, and cargo. The company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release.
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