Leveraging Unity has harmonized disconnected
data sources and provided real-time visibility of marine drayage
assets across North
America
WOODCLIFF LAKE, N.J., June 20,
2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL)
today announced IMC Logistics, LLC, the largest marine drayage
provider in the United States, has
deployed its SaaS-based, data-agnostic
platform, Unity. Through using Unity's data highway,
large amounts of data can now be ingested, harmonized, and
simplified within a single pane of glass, offering actionable
insights and real-time visibility of IMC's unpowered and untethered
assets across hundreds of locations in North America.
With Unity now consolidating large amounts of IMC's data from
numerous sources and IoT devices, the pain of having multiple
providers and portals has been eliminated. This unification makes
the platform a future-proof solution – as IMC grows and evolves,
Unity eases the friction of standard mergers and acquisitions
activity by rapidly consuming and harmonizing the new data
sets.
This partnership has also solved asset visibility challenges for
IMC and helped mitigate the need for constant search and
re-evaluation of equipment. By standardizing installation, they
have been able to further reduce frustration and duplication of
efforts.
"It has been an exemplary experience with the Powerfleet team
every step of the way from the pre-sales process through to
contract execution and technical deployment," said Carl Schultz, Vice President of IT at IMC.
"Powerfleet Unity is purpose-fit to empower our digital
transformation and Powerfleet's people truly care, a winning
combination and a formula for success. In short, Unity brings order
to our data chaos."
IMC leverages the Unity platform and Asset Gateway product,
taking full advantage of Powerfleet's best-in-class hardware and
SaaS software solutions – resulting in complete, real-time asset
visibility from port to final destination.
"This partnership is a perfect illustration of the
transformative power of data and how it can unify operations to
achieve business objectives," said Steve
Towe, Chief Executive Officer at Powerfleet. "The IMC team
is revolutionizing the transportation space, and we are honored to
work with a company that is similarly dedicated to ongoing
innovation to better serve customers."
More information on Powerfleet's Unity platform is available
here.
ABOUT IMC LOGISTICS, LLC
IMC Logistics, LLC is the largest marine drayage company in
the United States. Equipped with
the largest fleet of trucks and chassis, an integrated network of
secure depots, and transloading facilities, IMC moves cargo to and
from all major rails and ports in the nation. For 42 years, IMC has
focused on delivering innovative solutions to its valued clients.
To learn more, visit www.imcc.com.
ABOUT POWERFLEET
Powerfleet (Nasdaq: PWFL; JSE: PWR; TASE: PWFL) is a global
leader in the artificial intelligence of things (AIoT)
software-as-a-service (SaaS) mobile asset industry. With more than
30 years of experience, Powerfleet unifies business operations
through the ingestion, harmonization, and integration of data,
irrespective of source, and delivers actionable insights to help
companies save lives, time, and money. Powerfleet's ethos
transcends our data ecosystem and commitment to innovation; our
people-centric approach empowers our customers to realize impactful
and sustained business improvement. The company is headquartered in
New Jersey, United States, with offices around the globe.
Explore more at www.powerfleet.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within
the meaning of federal securities laws. All statements contained in
this press release that do not relate to matters of historical fact
should be considered forward-looking statements. For example,
forward-looking statements include, without limitation, statements
regarding the impact Unity may have on IMC Logistics' business.
These forward-looking statements are based on management's current
expectations. These statements are neither promises nor guarantees
and are subject to risks described from time to time in the
periodic reports filed by Powerfleet with the Securities and
Exchange Commission ("SEC"), including but not limited to those
described under the heading "Risk Factors" in its annual reports on
Form 10-K, quarterly reports on Form 10-Q and any other filings
made with the SEC from time to time, which are available via the
SEC's website at http://www.sec.gov. Should one or more of these
risks or uncertainties materialize, or should underlying
assumptions prove to be incorrect, actual results may vary
materially from those indicated or anticipated by these
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements.
The forward-looking statements included in this press release
are made only as of the date of this press release, and except as
otherwise required by applicable securities law, Powerfleet assumes
no obligation, nor does Powerfleet intend to publicly update or
revise any forward-looking statements to reflect subsequent events
or circumstances.
Powerfleet Investor Contacts
Jody Burfening and Carolyn
Capaccio
LHA Investor Relations
AIOTIRTeam@lhai.com
Powerfleet Media Contact
Andrea Hayton
ahayton@powerfleet.com
+1 (610) 401-1999
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SOURCE Powerfleet