BSM awarded asset tracking contract

WOODBRIDGE: BSM Technologies Inc, a provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, has been awarded a contract to provide its Sentinel FM asset tracking solution to a Canadian transportation services provider. For the initial implementation, valued at $900,000 over a two-year period, BSM equipment will be installed on approximately 800 vehicles.

The contract is an expansion of BSM’s existing relationship with the client, the company said, which has over 1,500 vehicle installs in another division. Later this year, another 400 vehicles will be installed in this division, bringing BSM’s total mandate with the client to about 2,700 vehicles and a contract of $1.2 million.

“This contract expansion demonstrates the effectiveness of the BSM solution,” said Aly Rahemtulla, president and CEO of BSM. “Since we began working with one division of this client, vehicle installations have expanded by over three times, delivering a measurable improvement in fleet utilization. By adding this additional division they can begin to extend these benefits across the organization.”

This new implementation will be integrated with the client’s dispatch system to enable real-time fleet management and optimize load matching, said BSM. The expected benefits include improved fleet utilization and fuel management, reduced maintenance costs and decreased operator down-time.