The North American Chassis Pool Cooperative Expands Partnership with PowerFleet to Use Real-Time Data to Ease Port Congestion and Improve Intermodal Operations

The Renewed Relationship Aims to Strengthen NACPC’s Smart Technology Offerings

WOODCLIFF LAKE, NJ – August 15, 2022 – PowerFleet, Inc. (Nasdaq: PWFL) a global leader of Internet-of-Things (IoT solutions) that manage enterprise assets for seamless business operations, today announced the renewal and expansion of its partnership with North American Chassis Pool Cooperative, LLC (NACPC). Following its recent acquisition of manufacturer Pratt Intermodal Chassis, NACPC has chosen PowerFleet as one of its major technology partners for chassis tracking and monitoring, which enables NACPC to address the extraordinary demand for high-quality chassis with the latest technology to help relieve pressure at ports across the country.

The partnership will increase real-time visibility within NACPC’s nation-wide network of chassis pools and products, helping customers maximize their equipment utilization. Together with PowerFleet, NACPC is looking to provide its customers with increased value and security, particularly within first and last mile visibility. By offering chassis monitoring solutions and data integration, NACPC increases its revenue opportunities as the need for chassis grows.

“What makes PowerFleet stand out has always been their responsiveness, creativity, problem-solving mindset to provide innovative solutions for our industry’s challenges and improvement opportunities,” said Jeffrey Dudenhefer, Chief Operating Officer of NACPC. “Investing in smart technologies has always been a priority of ours. In addition to their reliable hardware, we can greatly improve our data integration capabilities with their innovative software platform. PowerFleet offers one of the best product solutions in the market. NACPC is excited to bring this technology to our customers, working together with PowerFleet to bring forward additional smart chassis solutions to our industry.”

“We’re thrilled to continue our long-standing relationship with NACPC as they scale up their chassis technology solutions with us,” said Matt Harris, Vice President of Account Management, PowerFleet. “We’re proud to work alongside the team at NACPC to come up with the right solutions to address their customers’ most important challenge – finding available chassis to keep cargo moving along the supply chain.”

To learn more about PowerFleet’s solutions, visit www.powerfleet.com.

 

About PowerFleet

PowerFleet® Inc. (NASDAQ: PWFL; TASE: PWFL) is a global leader of subscription-based wireless solutions that secure, control, track, and manage high-value enterprise assets. PowerFleet’s patented technologies are the proven solution for organizations that must monitor and analyze their assets to improve safety, increase efficiency, reduce costs, and drive profitability. Our offerings are sold under the global brands PowerFleet, Pointer, and Cellocator. PowerFleet’s global headquarters are in Woodcliff Lake, New Jersey, with additional offices around the globe. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release.

PowerFleet Investor Contact

Matt Glover

Gateway Investor Relations

PWFL@gatwayir.com

(949) 574-3860

PowerFleet Media Contact

Calen McGee

(908) 461-0266

powerfleet@n6a.com

The North American Chassis Pool Cooperative - NACPC Chassis - The Evans Network of Companies

Member Spotlight: The Evans Network of Companies

A cooperative is only as good as its community partnerships. We are excited to feature our diverse member base and highlight NACPC’s growing relationships and collaboration within the intermodal industry.

We recently spoke with Chris Giltz, Senior Vice President of Operations for The Evans Network of Companies, about challenges facing the trucking industry and why NACPC stands out among its competitors.

 

Tell me a little bit about The Evans Network of Companies.

“We were formed 1939 and our corporate office is located in Schuylkill Haven, PA. We have about 190 offices around the country and a fleet of 3,500 trucks. We’re mostly intermodal but we also do truckload and brokerage. We operate out of every port facility except the West Coast. We also operate out of most of the rail facilities as well.”

 

When did The Evans Network of Companies join NACPC and why was it a good fit?

“We started using NACPC in 2012 and later I joined as a board member and investor in 2013. It’s a great fit for Evans because they’re supplying chassis in a lot of the areas in which we operate.”

 

What direct benefits have you seen for your company?

“It’s a cost effective alternative to the big three chassis providers. We like the push toward better tires and lights. And we like the fact that it’s a trucker-owned pool.”

 

What are the major differences between NACPC and its competitors?

“What we keep seeing in the intermodal world is equipment pricing costs that keep rising and rising without any underlying cost increase justification. One of the biggest things is trying to put the brakes on unlimited price increases on chassis providers.”

 

Why do you think NACPC is important to the trucking industry?

“Equipment has been a huge issue in the drayage industry. We see equipment in poor shape and the truckers unfortunately are the ones getting citations and CSA score points for them. The thing I like the best about NACPC is that it’s trying to change this, it stays competitive and pushes the industry toward better equipment.”

 

Advice for a company looking to join NACPC?

“If you are a trucker and you’re complaining about the high cost of chassis then this is your trucker-owned chassis pool and you should support NACPC.”

Ohio Valley Premium Pool

North American Chassis Pool Cooperative (NACPC) Launches Premium Chassis Pool in Ohio Valley

NASHVILLE, TN (January 11, 2017) – Following the successful launch of the Southeast and Gulf Premium Pools, NACPC will begin offering premium chassis product in the Ohio Valley starting January 16, 2017.

This new pool, managed by Consolidated Chassis Management (CCM) on behalf of NACPC, will be domiciled at ContainerPort Group, Inc. depots in the Ohio Valley cities of Columbus and Cincinnati. These units are new and come equipped with radial tires, LED lights and auto tire inflation systems.

“This expansion into the Ohio Valley represents NACPC’s commitment to the region and the opportunity for customers to access state-of-the-art intermodal chassis in the market — optimizing their business,” says Richard Mazur, Vice President of Sales, NACPC.

With their superior chassis solution, NACPC is the benchmark for equipment, customer service and fair pricing in the industry. Our fleet of off-dock premium chassis, the newest and safest on the market, is available using our at-cost pricing model. Customers receive quality equipment and pool management (including maintenance). Cooperative membership is open to qualified motor carriers.