WABCO Boosts Fuel-Cost Savings for Maverick USA's Truck and Trailer Fleet; North America's First Fleet Fully Integrated for Tire Pressure Monitoring |
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By: WABCO Holdings Inc. Posted: 2008-07-09 09:19:36 |
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WABCO Holdings Inc. (NYSE: WBC) today announced that Maverick USA, one of North America's largest motor carriers, has completed its first year of fleet operations equipped with nearly 1,000 WABCO IVTM integrated vehicle tire pressure monitoring systems, resulting in significantly improved fuel efficiency.
The industry's first tire monitoring system designed for commercial vehicles and launched in partnership with Michelin in 2003, WABCO IVTM helps monitor air pressure in real time enabling optimum level which improves fuel efficiency through reduced road resistance. Recently, WABCO further enhanced its IVTM system by launching an online IVTM Return on Investment (ROI) Calculator (http://www.wabco-auto.com/products_and_systems/roi_calculator), an innovative web-based tool that allows fleet operators to quantify potential cost savings by monitoring and maintaining correct tire pressure. Commercial vehicles operating with low tire air pressure have reduced stability and handling capabilities while tire under-inflation can also contribute to heat build-up, a primary cause of tire failure. WABCO's IVTM ROI Calculator shows the influence of tire under-inflation ranging from 10 to 30 percent and associated costs for service, downtime and replacement of tires. "We are always striving to further reinforce our maintenance practices and benefit from innovative aftermarket technology, particularly in view of rapidly rising fuel prices," said Mike Jeffress, Vice President of Maintenance at Maverick USA. "Conversion of our fleet began in 2007 with a combination of Michelin(R) X One(R) wide-base tires and WABCO IVTM systems, and now we see positive results such as higher mileage-per-gallon, reduced tire damage, longer tire life, lower maintenance cost and less downtime. We will further convert our fleet to this proven program of improved tire inflation maintenance." "Helping customers mitigate the effects of increasing fuel prices and delivering measurable results for their fleets will continue to contribute strongly to our aftermarket growth in North America and internationally," said Jean-Francois Barth, WABCO Vice President, Aftermarket. "Maverick is an industry leader in trucking maintenance and we are proud that our IVTM system is one of their innovative ways to lower operating costs and protect their bottom line. We are passionate about improving fuel efficiency for our customers and WABCO's IVTM system helps pave the way for the future of the trucking industry." About WABCO IVTM WABCO IVTM is the first tire pressure monitoring system designed for commercial vehicles. It was developed in partnership with Michelin and launched in the original equipment (OE) market in 2003 and in the aftermarket in 2004. WABCO IVTM combines significant safety and cost benefits for truck, trailer, and bus owners and operators through design simplicity, ease of installation and robust components. To know more about WABCO IVTM, visit: http://www.ivtm.com About WABCO WABCO Vehicle Control Systems is one of the world's leading providers of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles. Customers include the world's leading commercial truck, trailer, and bus manufacturers. Founded in the U.S. in 1869 as Westinghouse Air Brake Company, WABCO was acquired by American Standard in 1968 and spun off in 2007. Headquartered in Brussels, Belgium, WABCO employs more than 7,700 people in 31 countries worldwide. In 2007, WABCO's total sales were $2.4 billion. WABCO is a publicly traded company and is listed on the New York Stock Exchange with the stock symbol WBC. Website: http://www.wabco-auto.com Media contact Tobias Mueller, +49-69-7191-6834 |
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