Hyundai Translead Taps PowerFleet Telematics to Launch HT LinkSense Platform

Rhea-AI Summary

PowerFleet, Inc. (NASDAQ: PWFL) announced a strategic partnership with Hyundai Translead to enhance fleet operational efficiency through the HT LinkSense solution, utilizing the PowerFleet LV-300 trailer tracking gateway. This partnership will allow fleet managers to choose tailored sensor and telematics solutions while providing continuous, real-time visibility of assets. The LV-300 operates on 4G LTE, ensuring clients receive timely updates on asset status. Initially focused on Hyundai's dry van line, future expansions into other trailer types are anticipated.

Positive

• PowerFleet partners with Hyundai Translead to enhance fleet efficiency.
• HT LinkSense solution provides flexibility in sensor and telematics options.
• Real-time visibility offered by LV-300 aids in better supply chain management.

Negative

• None.

Partnership will Leverage PowerFleet LV-300 Solution to Provide Real-Time Visibility and Cost-Effective Operations 

WOODCLIFF LAKE, N.J., Sept. 15, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, today announced Hyundai Translead, the leading van trailer manufacturer in North America, will be leveraging the PowerFleet LV-300 trailer tracking gateway solution to launch HT LinkSense. Through this integration with PowerFleet, HT LinkSense will be able to provide fleet managers with the flexibility to choose sensor and telematics solutions that meet their needs. Initially, the HT LinkSense solution will be available for the Hyundai Translead dry van line, but future expansion into refrigerated, flatbed, chassis and aftermarket products is planned.

"We are excited to partner with PowerFleet as we expand possibilities for customers in fleet data strategy by providing a scalable, open platform solution with HT LinkSense," said Sean Kenney, Hyundai Translead's Chief Sales Officer. "Through our partnership, we offer flexibility through universal connectivity of sensors for maximum fleet operational efficiency, making smart fleets smarter."

The PowerFleet LV-300 asset tracking solution provides continuous real-time visibility while in transit, and more accurate arrival and departure information to better plan supply chain resource allocation. Connected by 4G LTE, it provides wireless reporting to ensure clients can receive continuous updates on the status and condition of their assets and important cargo. The LV-300 tethers to a power source and also utilizes a long-lasting rechargeable battery for untethered operation and features tamper detection for increased security.

"We are honored that Hyundai Translead has selected PowerFleet as a key part of its HT LinkSense solution for trailers,” explains Chris Wolfe, CEO of PowerFleet. “Our integrated logistics solutions will enable customers to access a more holistic view of their trailers and freight status by capturing critical sensor and telematics data. By leveraging our trusted telematics platform, analytics and real-time reporting capabilities, Hyundai Translead will raise the bar with its’ HT LinkSense offering by delivering high-value asset information to the transportation industry.”

About PowerFleet
PowerFleet® Inc. (NASDAQ: PWFL; 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.

About Hyundai Translead
Hyundai Translead is the leading van trailer manufacturer in North America. The company manufactures dry and refrigerated van trailers as well as flatbeds, chassis, and dollies. Founded in 1989, Hyundai Translead is 100% owned by Hyundai Motor Group and is headquartered in San Diego, CA. For more information, please visit www.hyundaitranslead.com

PowerFleet Company Contact
Ned Mavrommatis, CFO 
NMavrommatis@powerfleet.com
(201) 996-9000 

PowerFleet Investor Contact
Matt Glover
Gateway Investor Relations
PWFL@gatewayir.com
(949) 574-3860

PowerFleet Media Contact
Jacqueline Agudelo
powerfleet@n6a.com

FAQ

What is the partnership between PowerFleet and Hyundai Translead?

PowerFleet is partnering with Hyundai Translead to integrate their LV-300 tracking solution into the HT LinkSense fleet management system for improved operational efficiency.

How does the PowerFleet LV-300 solution work?

The LV-300 provides real-time visibility of assets and operates on 4G LTE, offering continuous updates on asset status during transit.

What benefits does HT LinkSense offer to fleet managers?

HT LinkSense allows fleet managers to select customized sensor and telematics solutions, enhancing operational flexibility and efficiency.

When will HT LinkSense be available for other trailer types?

The HT LinkSense solution will initially support Hyundai's dry van line, with future expansions planned for refrigerated, flatbed, and chassis trailers.