WABCO Boosts Fuel-Cost Savings for Maverick USA\'s Truck
http://www.foxbusiness.com/story/markets/industrie [2008-7-11]
Tag : Fuel Pressure System
WABCOHoldings Inc. (NYSE: WBC) today announced that Maverick USA, one ofNorth America's largest motor carriers, has completed its firstyear of fleet operations equipped with nearly 1,000 WABCO IVTMintegrated vehicle tire pressure monitoring systems, resulting insignificantly improved fuel efficiency.
The industry's first tire monitoring system designed for commercialvehicles and launched in partnership with Michelin in 2003, WABCOIVTM helps monitor air pressure in real time enabling optimum levelwhich improves fuel efficiency through reduced road resistance.
Recently, WABCO further enhanced its IVTM system by launching anonline IVTM Return on Investment (ROI) Calculator, aninnovative web-based tool that allows fleet operators to quantifypotential cost savings by monitoring and maintaining correct tirepressure. Commercial vehicles operating with low tire air pressurehave reduced stability and handling capabilities while tireunder-inflation can also contribute to heat build-up, a primarycause of tire failure. WABCO's IVTM ROI Calculator shows theinfluence of tire under-inflation ranging from 10 to 30 percent andassociated costs for service, downtime and replacement of tires.
"We are always striving to further reinforce our maintenancepractices and benefit from innovative aftermarket technology,particularly in view of rapidly rising fuel prices," said MikeJeffress, Vice President of Maintenance at Maverick USA."Conversion of our fleet began in 2007 with a combination ofMichelin(R) X One(R) wide-base tires and WABCO IVTM systems, andnow we see positive results such as higher mileage-per-gallon,reduced tire damage, longer tire life, lower maintenance cost andless downtime. We will further convert our fleet to this provenprogram of improved tire inflation maintenance."
"Helping customers mitigate the effects of increasing fuel pricesand delivering measurable results for their fleets will continue tocontribute strongly to our aftermarket growth in North America andinternationally," said Jean-Francois Barth, WABCO Vice President,Aftermarket. "Maverick is an industry leader in truckingmaintenance and we are proud that our IVTM system is one of theirinnovative ways to lower operating costs and protect their bottomline. We are passionate about improving fuel efficiency for ourcustomers and WABCO's IVTM system helps pave the way for the futureof the trucking industry."
About WABCO IVTM
WABCO IVTM is the first tire pressure monitoring system designedfor commercial vehicles. It was developed in partnership withMichelin and launched in the original equipment (OE) market in 2003and in the aftermarket in 2004. WABCO IVTM combines significantsafety and cost benefits for truck, trailer, and bus owners andoperators through design simplicity, ease of installation androbust components.
About WABCO
WABCO Vehicle Control Systems is one of the world's leadingproviders of electronic braking, stability, suspension andtransmission 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 WestinghouseAir Brake Company, WABCO was acquired by American Standard in 1968and spun off in 2007. Headquartered in Brussels, Belgium, WABCOemploys more than 7,700 people in 31 countries worldwide. In 2007,WABCO's total sales were $2.4 billion. WABCO is a publicly tradedcompany and is listed on the New York Stock Exchange with the stocksymbol WBC.
WABCOHoldings Inc. (NYSE: WBC) today announced that Maverick USA, one ofNorth America's largest motor carriers, has completed its firstyear of fleet operations equipped with nearly 1,000 WABCO IVTMintegrated vehicle tire pressure monitoring systems, resulting insignificantly improved fuel efficiency.
The industry's first tire monitoring system designed for commercialvehicles and launched in partnership with Michelin in 2003, WABCOIVTM helps monitor air pressure in real time enabling optimum levelwhich improves fuel efficiency through reduced road resistance.
Recently, WABCO further enhanced its IVTM system by launching anonline IVTM Return on Investment (ROI) Calculator, aninnovative web-based tool that allows fleet operators to quantifypotential cost savings by monitoring and maintaining correct tirepressure. Commercial vehicles operating with low tire air pressurehave reduced stability and handling capabilities while tireunder-inflation can also contribute to heat build-up, a primarycause of tire failure. WABCO's IVTM ROI Calculator shows theinfluence of tire under-inflation ranging from 10 to 30 percent andassociated costs for service, downtime and replacement of tires.
"We are always striving to further reinforce our maintenancepractices and benefit from innovative aftermarket technology,particularly in view of rapidly rising fuel prices," said MikeJeffress, Vice President of Maintenance at Maverick USA."Conversion of our fleet began in 2007 with a combination ofMichelin(R) X One(R) wide-base tires and WABCO IVTM systems, andnow we see positive results such as higher mileage-per-gallon,reduced tire damage, longer tire life, lower maintenance cost andless downtime. We will further convert our fleet to this provenprogram of improved tire inflation maintenance."
"Helping customers mitigate the effects of increasing fuel pricesand delivering measurable results for their fleets will continue tocontribute strongly to our aftermarket growth in North America andinternationally," said Jean-Francois Barth, WABCO Vice President,Aftermarket. "Maverick is an industry leader in truckingmaintenance and we are proud that our IVTM system is one of theirinnovative ways to lower operating costs and protect their bottomline. We are passionate about improving fuel efficiency for ourcustomers and WABCO's IVTM system helps pave the way for the futureof the trucking industry."
About WABCO IVTM
WABCO IVTM is the first tire pressure monitoring system designedfor commercial vehicles. It was developed in partnership withMichelin and launched in the original equipment (OE) market in 2003and in the aftermarket in 2004. WABCO IVTM combines significantsafety and cost benefits for truck, trailer, and bus owners andoperators through design simplicity, ease of installation androbust components.
About WABCO
WABCO Vehicle Control Systems is one of the world's leadingproviders of electronic braking, stability, suspension andtransmission 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 WestinghouseAir Brake Company, WABCO was acquired by American Standard in 1968and spun off in 2007. Headquartered in Brussels, Belgium, WABCOemploys more than 7,700 people in 31 countries worldwide. In 2007,WABCO's total sales were $2.4 billion. WABCO is a publicly tradedcompany and is listed on the New York Stock Exchange with the stocksymbol WBC.
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