Solution Will Enable Company to Enhance Asset Utilization, Improve
Responsiveness
STERLING, Va., April 28 /PRNewswire/ -- J.B. Hunt Transport Services,
Inc. (Nasdaq: JBHT), one of the largest transportation solutions companies
in North America, has selected the patented SkyBitz Global Locating System
(GLS) asset tracking technology for substantially all their trailers
serving the North American continent.
J.B. Hunt is a pioneer in the adoption of fleet technology and has been
using analog-based trailer tracking solutions since 2002. Pending the
Federal Communications Commission (FCC)-mandated switch to digital
technology, the company underwent a comprehensive evaluation process to
upgrade its trailer tracking systems with a solution that would meet the
company's stringent requirements for functionality, quality, stability,
communications capabilities and price.
"The satellite-based SkyBitz technology provides ubiquitous coverage
that will give us real-time trailer information enabling us to enhance
asset utilization and improve our tractor-to-trailer ratio, not to mention
increased responsiveness to our customers," said Craig Harper, Executive
Vice President Operations and Chief Operating Officer for J.B. Hunt.
"SkyBitz also demonstrated unparalleled responsiveness and customer service
to us throughout the selection process."
Another deciding factor for J.B. Hunt in selecting SkyBitz was the
outstanding battery life of the provider's untethered mobile units which
was verified by an independent battery life model developed by the
University of Arkansas. J.B. Hunt was also impressed by SkyBitz' track
record for continuous improvement that includes products such as the
SkyBitz Cargo Sensor -- which utilizes ultrasonic technology to detect a
pallet of goods virtually anywhere in the trailer over a wide range of
environmental conditions.
"The decision by J.B. Hunt to install our technology is a testament to
our commitment to innovation and world-class intelligent asset management
service," stated Dr. Homaira Akbari, CEO of SkyBitz. "Leading
transportation providers like J.B. Hunt understand the considerable return
on investment that asset tracking provides in terms of increased
efficiencies, enhanced security and improved customer service."
J.B. Hunt has begun installing the SkyBitz technology and expects to
have mobile units installed on its fleet of trailers in the next 12-18
months.
About J.B. Hunt
Headquartered in Lowell, Ark., J.B. Hunt Transport Services, Inc.
focuses on providing safe and reliable transportation services to a diverse
group of customers throughout the continental United States, Canada and
Mexico. Utilizing an integrated, multimodal approach, the company provides
capacity-oriented solutions centered on delivering customer value and
industry-leading service. J.B. Hunt's stock is traded on NASDAQ under the
ticker symbol JBHT and is a component of the Dow Jones Transportation
Average. For more information, visit http://www.jbhunt.com.
About SkyBitz
SkyBitz is the leading mobile asset management company, providing
real-time information to customers in the fields of transportation, energy,
construction, agriculture and waste management. SkyBitz delivers a
reliable, easy-to-use mobile asset tracking and information management
solution that provides clear visibility to mobile assets anytime, anywhere.
The patented two-way GLS satellite communicator is compact, easy to install
and provides multi-year battery life requiring the least amount of
maintenance. Throughout North America and Europe, more than 500 customers
currently rely on the cost-effective SkyBitz GLS technology to manage more
than 150,000 assets and achieve total visibility, improve security, lower
operating costs and enhances customer service. SkyBitz was named the
second-fastest growing company in North America by Deloitte and was honored
with the 2007 Frost & Sullivan Product Innovation Leadership Award.
Headquartered in Sterling, Va., SkyBitz is a privately held company
financially backed by CIBC Capital Partners, AIG Highstar Capital,
Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova
Ventures. For additional information, visit http://www.skybitz.com.
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