STOCK TITAN

Major UK public transport provider renews Contract with MiX Telematics

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

On December 10, 2020, MiX Telematics (NYSE: MIXT) announced the renewal of its partnership with Translink, Northern Ireland's major public transport provider. This ongoing collaboration, which has lasted over 10 years, aims to enhance fleet efficiency and safety through MiX's advanced solutions. Translink operates a fleet of 1,400 vehicles, utilizing MiX's Fleet Manager for real-time feedback and improved KPIs, including reduced harsh braking and idling. Management from both companies expressed optimism about further improvements in vehicle efficiency and passenger satisfaction.

Positive
  • Contract renewal with Translink strengthens MiX's market position.
  • Long-term partnership demonstrates successful KPI improvements over 10 years.
  • Real-time feedback system contributes to safer and more efficient driving.
Negative
  • None.

BIRMINGHAM, England, Dec. 10, 2020 /PRNewswire/ -- MiX Telematics (JSE: MIX, NYSE: MIXT), a leading global provider of connected fleet and mobile asset management solutions, has announced that Translink, Northern Ireland 's prominent public transport provider, has opted to continue its partnership with MiX Telematics via a contract renewal.

Translink operates coach, bus and train services that connect cities, towns and villages throughout the region and includes some cross-border routes.

"We've been working with MiX Telematics for the past 10 years. This long-term partnership is a continuous collaboration with the MiX customer success team to improve on our KPIs using MiX's interactive dashboards, including a reduction in harsh braking, harsh accelerating and excessive idling," says David Curry, General Manager at Translink.

The renewal is testament to the impactful results that characterise the 10-year partnership. The fleet, comprising 1,400 vehicles benefits from the connected MiX Fleet Manager solution alongside real-time, in-cab feedback that helps to coach drivers on safer and more efficient driving. Senior Translink stakeholders utilize interactive dashboards to drive KPI achievements.

"MiX Telematics is delighted to extend our valued relationship with the team at Translink and we are excited to continue our journey to further improve Translink's fleet safety, vehicle efficiency and passenger satisfaction key performance indicators," comments Charles Tasker, Chief Operating Officer of MiX Telematics.

About MiX Telematics

MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to more than three quarters of a million subscribers in over 120 countries. The company's products and services provide enterprise fleets, small fleets and consumers with solutions for efficiency, safety, compliance and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia, Mexico and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).For more information, visit www.mixtelematics.com

For further information:

Marion Calvet
Marketing Manager (Europe)
MiX Telematics (Europe), 6180 Knights Court, Solihull Parkway,
Birmingham Business Park, Birmingham, B37 7YB
Email: Marion.Calvet@mixtelematics.com

Cision View original content:http://www.prnewswire.com/news-releases/major-uk-public-transport-provider-renews-contract-with-mix-telematics-301189689.html

SOURCE MiX Telematics

FAQ

What is the significance of the contract renewal between MiX Telematics and Translink?

The contract renewal signifies a strong, ongoing partnership focused on enhancing fleet management and operational efficiency through MiX's technology.

How many vehicles does Translink operate with MiX Telematics solutions?

Translink operates a fleet of 1,400 vehicles using MiX Telematics' Fleet Manager solutions.

What benefits has Translink experienced from its partnership with MiX Telematics?

Translink has seen improvements in key performance indicators, including reductions in harsh braking, harsh acceleration, and excessive idling.

What technology does MiX Telematics provide to Translink?

MiX Telematics provides the connected MiX Fleet Manager solution and interactive dashboards for real-time driver feedback.

When was the partnership with Translink initially established?

The partnership between MiX Telematics and Translink was established over 10 years ago.

MiX Telematics Limited

NYSE:MIXT

MIXT Rankings

MIXT Latest News

MIXT Stock Data

322.44M
319.54M
6.16%
46.8%
0.04%
Software - Application
Technology
Link
United States
Boca Raton