Tag Archives for: Truck Parking

WattEV to break ground on California’s first solar-powered “electric truck stop” in late October

September 01, 2021

WattEV to break ground on California’s first solar-powered “electric truck stop” in late October

 

 

Announces $5 million CEC grant to supplement $6 million in private funding

 

 

LONG BEACH, Calif. — WattEV Inc., a company dedicated to accelerating the heavy-duty trucking industry’s transition to electric drive, announced it is set to receive a $5 million grant from the California Energy Commission (CEC) to build the state’s first solar-powered truck stop dedicated to heavy-duty electric trucks. Groundbreaking for the project is expected in late October.

The announcement was made at the Advanced Clean Transportation (ACT) Expo 2021 in Long Beach. WattEV, based in El Segundo, Calif., said the CEC is anticipated to approve the grant on Sept. 8 at its monthly business meeting.

“Our successful private-equity seed funding, in addition to the grant awarded for this project, are important milestones in our effort to deploy 12,000 electric heavy-duty trucks on the road by 2030,” said Salim Youssefzadeh, chief executive officer of WattEV.

“The electric truck stop in Bakersfield is the first step toward our commitment to help build the charging infrastructure network necessary to accelerate the heavy-duty trucking sector’s transition to electric drive,” Youssefzadeh said, “and to get more heavy-duty electric trucks on the road in California as quickly as possible.”

Partners joining WattEV and the CEC on the Bakersfield electric truck stop project include the San Joaquin Valley Air Pollution Control District, the Central California Asthma Collaborative, Greenlots, Power Electronics and several others.

In addition to the Bakersfield project, WattEV is in the planning stages for similar projects in San Bernardino and Gardena in Southern California. Both of these electric truck stops will serve the Port of Los Angeles and Port of Long Beach and the warehouses fed by goods coming through the ports.

To enable these projects and support further expansion, WattEV has raised $6 million in private equity seed funding led by Canon Equity.

WattEV also has secured purchase incentive vouchers through the California Air Resources Board’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), initially for six VNR Electric Class 8 trucks from Volvo Group, and has applied for 24 more electric truck HVIP vouchers.

All told, WattEV plans to run its own fleet of 30 heavy-duty electric trucks by the end of 2022 to deploy under contract with several Southern California fleet customers.

The first fleet partnership is with Total Transportation Services, Inc. (TTSI), one of the leading freight transporters making the transition to EV trucks serving the ports of Los Angeles and Long Beach, and with a presence in Bakersfield. TTSI will be offering electric transport freight services to shippers in Southern California on routes served by WattEV’s platform.

The partnership between WattEV and TTSI is an initial step toward reducing significant emissions of particulate matter, oxides of nitrogen and carbon produced by the thousands of mostly older, diesel Class 8 trucks registered to serve two of the busiest ports in the nation and the San Joaquin Valley.

To help accelerate the transition to electric goods movement, WattEV is developing an advanced software platform – trucks-as-a-service (TaaS) – designed specifically for the use of electric trucks within its network of charging stations on designated routes. The TaaS platform will help fleets and individual truckers meet requirements of shippers with sustainability goals while serving transporters with a viable economic model.

The TaaS platform will offer an all-inclusive, charge-per-mile formula that will enable a transporter to efficiently and cost-effectively use an electric truck to move goods normally handled with diesel trucks on the routes selected by shippers committed to clean air.

Said Youssefzadeh: “We’re delighted to partner with TTSI in the design and rollout of our TaaS software platform and deployment of our expanding charging network. We anticipate benefitting from their vast transport experience.”

About WattEV
WattEV’s mission is speeding up the transition of U.S. trucking transport to zero emission. It uses a combination of business and technology innovations to create charging infrastructure and data-driven workflow that provide truckers and fleet operators the lowest total cost of ownership. WattEV’s goal is to get 12,000 heavy-duty electric trucks onto California roads by the end of 2030, exceeding existing forecasts. More information is available online at www.WattEV.com.

 

NETPARK LAUNCHES NEW TRUCK PARKING SOFTWARE SOLUTION

January 26, 2021

 

 

NETPARK LAUNCHES NEW TRUCK PARKING SOFTWARE SOLUTION

 

 

COLUMBUS, OHIO (January 26, 2021) – netPark Software LLC announces their newest product to add to their portfolio of parking technology solutions. netPark Software has launched their Truck Parking Software Solution for truck parking owners and business operators.

This strategic move into truck parking comes at a time when our society is moving products more than ever by semi-trucks. The trucking industry requires a safe and secure place to park their trucks and trailers while not in use Truck Parking is similar to other forms of parking, but it does have its differences and netPark understands this. With multiple workflows to allow for trailer access control, monthly parking, reservations, integrated ACH and credit card payments, assigned lot spaces, inventory audit with real-time reporting and metrics.  netPark has the technology to manage these scenarios and more.  Customers can also manage their accounts and payment methods via a white-labeled monthly parking and reservation website.

If you are interested in learning more about netPark’s Truck Parking Software and other technology solutions, please visit www.netpark.us/truck-parking or contact their knowledgeable sales staff at 833-638-7275 or e-mail sales@netpark.us.

 

MORE ABOUT NETPARK

netPark is a leading provider of cloud-based technologies for the parking industry. netPark provides complete parking systems for both valet and self-parking facilities with over 200 installations across the US and Canada serving 55 airports and numerous casinos, hotels, and hospitals.  netPark’s strategic partnership with Hamilton Manufacturing allows them to focus on delivering the most advanced cloud-based software that powers the Hamilton line of parking equipment.  For more information about netPark and their parking solutions, please visit their website www.netpark.us or email them at sales@netpark.us

 

Contact Information

Melissa Killian

netPark

Marketing Coordinator

T: +1.833.638.7275

E: mkillian@netpark.us

Latest Fleet Advantage Industry Benchmark Survey Shows the Impact Older Trucks Have on Safety, Repair Costs and Fuel Economy

July 28, 2020

 

 

 

 

Latest Fleet Advantage Industry Benchmark Survey Shows the Impact Older Trucks Have on Safety, Repair Costs and Fuel Economy

 

 

 

Only 8 Percent of Fleets Leveraging Full-Service Lease Agreements

 

 

 

FORT LAUDERDALE, FL (July 28, 2020) – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management today announced results of its latest fleet industry benchmarking survey showing the impact new safety technologies have had on transportation fleets, how many fleets are still driving older-model trucks, and the leading reasons motivating upgrade decisions. The survey also shows the continued low demand for electric and autonomous trucks. Click here to see the full infographic.

Fleets with Newer Trucks Benefit from More Advanced Safety Features

According to the benchmark survey, 71% of transportation fleets have implemented blind spot mirrors as advanced safety features, while 66% have implemented front and rear disc brakes. The survey also showed that 11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features. These types of safety technologies have led to safer roads for drivers, passengers and other motorists, and have lowered accident costs. This is especially important since trucking fatalities recently reached the highest level in the past 30 years, with the average cost of each heavy-duty truck crash reaching $17.5 million (1).

As fleets begin to realize these benefits, additional statistics prove new safety technology aided in roadway safety, reduced accidents and improved Federal Motor Carrier Safety Administration (FMCSA) scores(2). Sixty-one percent have implemented forward-facing cameras, and 53% implemented lane departure warning systems. While forward-facing cameras may not specifically prevent an accident from happening, this technology is helping to lower the overall costs involved in accidents and litigation. A University of Michigan Transportation Research Institute study(3) found that car drivers were assigned contributing factors in 81% of crashes involving large trucks, versus only 27% for professional drivers. Forward-facing cameras help offer critical evidence that protects truck drivers in these instances.

Maintenance & Repair Is a Another Significant Reason for Truck Replacement

The bottom line continues to drive many upgrade decisions, and fleet executives are paying closer attention to the costs associated with servicing an aging vehicle. Fifty-five percent of fleets said escalating maintenance and repair costs (M&R), and 47.3% of fleets said improved fuel economy are leading motivating factors for upgrading to newer trucks. This is consistent with the last few years when M&R (40%) and fuel (36.7%) were also top motivating factors. Other factors included driver retention and improved corporate image.

“There remains a distinct correlation between aging trucks resulting in higher service and repair costs, as well as reduced fuel economy,” Said John Flynn, CEO of Fleet Advantage. “This survey tells us that many fleets see these as critical areas in not only operating their fleets, but also the impact they have on an organization’s bottom line.”

Full-Service Leasing Remains Unpopular

Fleets continue to procure trucks in a variety of ways including unbundled leasing, financing of new equipment as well as used vehicles, but only 8% are entering into a full-service lease agreement for their trucks.

Electric & Autonomous Trucks Remain on the Sidelines

While there have been more news headlines discussing electric and hydrogen fuel cell Class-8 trucks, 30% said they do not see these widely in service for another 10 years (a year ago, 36% said they would not be widely used for another 10 years). Another 62% pointed to the same time frame for autonomous trucks. In fact, only 3% of survey respondents believe autonomous trucks will be widely used by fleets within the next three years.

Helping Companies Replace Older Trucks In a Financially Responsible Manner

Despite all the advanced technology included in new trucks, the survey showed that roughly 50% of fleets utilize 2017 and older models (some fleets have as many as 3,000 trucks older than 2017 models). To help fleets upgrade while also preserving their current financial situation, Fleet Advantage recently launched a new Sale-Leaseback program designed to infuse cash and flexibility into transportation fleets. The company developed this program to help fleet organizations substitute for lost revenues during the current COVID-19 pandemic while giving them an opportunity to upgrade into newer trucks.

“These latest trends are an indication that more fleets are in need of innovative, flexible, and reliable programs that can help them replace their aging trucks with newer units,” added Flynn.

Click here to see the complete infographic of the survey.

About Fleet Advantage

Fleet Advantage has over $1 Billion of assets under management and serves America’s top truck fleets and guarantees the absolute lowest cost of operation by providing truck and trailer financing with matching proprietary data driven IT processes and fleet analytics, using the latest equipment technology to achieve optimum vehicle productivity and maximum safety. Fleet Advantage is ranked as one of the fastest-growing privately held companies in the state of Florida and the fastest growing independent truck lessor in the U.S.  In 2018, Fleet Advantage was ranked the 9th Top Private Independent from Monitor Daily; and in 2015 and 2013, the company was named to Inc. magazines’ 500|5000 list of fastest growing companies in the nation.  In 2011, CEO John Flynn received the Ernst & Young Entrepreneur of the Year® 2011 Florida – Emerging Category award.

 

Fleet Advantage Unveils Sale-Leaseback Program Designed to Infuse Cash & Flexibility for Transportation Fleets

May 11, 2020

 

Fleet Advantage Unveils Sale-Leaseback Program Designed to Infuse Cash & Flexibility for Transportation Fleets

 

 

 

Innovative Program Offers Financial Relief Today While Positioning Fleets Competitively for Tomorrow Through Newer Trucks with Advanced Safety Technologies

 

 

 

 

FORT LAUDERDALE, FL – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management today announced a new Sale-Leaseback program designed to infuse cash and flexibility into transportation fleets. Fleet Advantage, a pioneer in flexible lease finance options, developed this program to help fleet organizations substitute for lost revenues during the current COVID-19 pandemic.

In Fleet Advantage’s Sale-Leaseback program, a company can select the assets from their fleet that are older models, which are inefficient and more unreliable, and Fleet Advantage will purchase those assets and lease them back to the fleet for an interim period until they can then transition to new equipment when ready. This enables organizations to generate cash in the near term, which is especially critical today given the COVID-19 pandemic and strain it has placed on companies and the economy. The cash gained can then be used for immediate internal needs or to simply provide extra working capital.

Combating the Economic Fallout Without Compromising Future Growth

The transportation fleet industry has continued to look for ways to absorb the sharp economic decline as a result of the pandemic. The Sale-Leaseback program allows for the downsizing of fleets if an organization has a surplus of trucks, and it will have a positive effect on the bottom line P&L since the ensuing lease payment will be lower than the current depreciation charge.

“We’re launching this program to help our clients with transportation fleets realize an immediate infusion of cash and flexibility into their organizations,” said John Flynn, CEO of Fleet Advantage. “Having additional cash on hand is critical for today, but the flexibility to upgrade to newer truck technology with advanced safety features tomorrow will help fleets come out of the pandemic with a significant competitive edge through financial and operational efficiencies gained.”

For more information about Fleet Advantage’s new Sale-Leaseback program, click here.

About Fleet Advantage

Fleet Advantage has over $1 Billion of assets under management and serves America’s top truck fleets and guarantees the absolute lowest cost of operation by providing truck and trailer financing with matching proprietary data driven IT processes and fleet analytics, using the latest eco-efficient clean diesel technology to achieve optimum vehicle productivity optimum vehicle productivity and maximum safety, while reducing total operating costs. Fleet Advantage is ranked as one of the fastest-growing privately held companies in the state of Florida and the fastest growing independent truck lessor in the U.S.  In 2018, Fleet Advantage was ranked the 9th Top Private Independent from Monitor Daily; and in 2015 and 2013, the company was named to Inc. magazines’ 500|5000 list of fastest growing companies in the nation.  In 2011, CEO John Flynn received the Ernst & Young Entrepreneur of the Year® 2011 Florida – Emerging Category award.

 

Truck Parking Europe app now available for TomTom driver terminals

April 30, 2016

Truck Parking Europe app now available for TomTom driver terminals

 

Karlsruhe, 28 March 2016 – Truck Parking Europe today announced that it has teamed up with TomTom to make its popular app available for TomTom PRO 8 and TomTom BRIDGE driver terminals.

 

One challenge for truck drivers has always been balancing the need to comply with resting period legislation, against knowing when and where they can take their breaks in the safest and most comfortable way. By bringing together the Truck Parking Europe (TPE) app showing where all truck parking spots are alongside and TomTom’s Remaining Driving Time (RDT) app reminding drivers on when the next stop is due and, drivers have everything they need for safe driving and parking all in one unit.

Truck Parking Europe is already available for smartphones and has been downloaded more than 150,000 times. However, this is the first time it will be made available for dedicated truck navigation devices. The app has the largest and most up-to-date database of more than 23,000 parking areas across Europe. Each area is evaluated by other app users, which gives drivers access to ratings from the biggest community of truck drivers in Europe.

Niels de Zwaan, director Truck Parking Europe, added: “By combining the TPE app with the TomTom RDT app, professional drivers know exactly when and where to go for the best and safest resting places from our Europe-wide database. This assures stress-free driving and increases road safety.”
“Helping our customers drive more safely is a core part of what TomTom Telematics is all about,” said George de Boer, International Alliance Manager at TomTom. “By offering Truck Parking Europe as an integrated part of TomTom driver terminals, we are making it safer for drivers to interact with the app.”

The app is available as of today and can be downloaded to TomTom PRO8 devices through the TomTom Telematics MDM platform and will be made available for download in the TomTom AppCourasel for TomTom Bridge devices.

Manager Marketing
Janine Stuchl
Janine.stuchl@ptvgroup.com
+49 721 / 9651 7424
Truck Parking BV
Energieweg 1, 3542 DZ, Utrecht The Netherlands

Truck Parking Europe is the largest free European platform for truck parking facilities – updated and assessed by a European community.
Truck Parking Europe has built a native mobile and web app that help professional truck drivers find safe parking spots, cheap hot meals and showers while transporting cargo across Europe.
Users can find a suitable parking spot manually based on their preference, or opt to use Drive Mode. All that’s needed is the final destination. The app then calculates all potential parking locations, taking into account a maximum total detour of 6 km. with more than 23.000 Truck Parkings we have the largest database in the World.
Already more than 150.000 app installs and an online community with more than 70.000 likes, Truck Parking Europe is the number 1 community for Truck Drivers all over Europe.
For further information, please visit truckparkingeurope.com

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