Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry and Schneider National Inc., a premier provider of transportation, logistics and related services, today announced that Schneider National has purchased Qualcomm’s T2™ Untethered TrailerTRACS® Asset Management Solution and has begun implementing the technology across its fleet of more than 48,000 trailers. Schneider National named Qualcomm its untethered trailer tracking provider of choice in August 2003 after a comprehensive analysis of the trailer tracking technology market. Schneider National recently completed extensive road testing of the T2 Untethered TrailerTRACS solution on hundreds of its trailers. The Company is in the midst of an aggressive fleet-wide installation schedule with thousands of units already installed.
Qualcomm’s T2 Untethered TrailerTRACS solution leverages GPS positioning and wireless communications technology to assist carriers in determining and reporting a trailer’s location and load status, regardless of whether or not the trailer is hooked to a tractor.
The benefits of trailer tracking extend beyond carriers to shippers and drivers as well. Trailer tracking provides shippers increased visibility to freight at each point along the supply chain, helping them improve planning and forecasting. Trailer tracking technology benefits to drivers include greater productivity by virtually eliminating trailer searches and reducing unpaid and out-of-route miles.
“In today’s shipping environment, demand for transportation is high, capacity is limited and inventories are lean,” said Paul Mueller, vice president of technology services at Schneider National Inc. “Increasing freight visibility by tracking location has never been more crucial to optimizing assets, ensuring capacity and enabling customers to effectively manage their supply chains.”
Schneider National surveyed its customers last year and found that shippers place a high value on carriers who employ trailer tracking technology. Almost half of customers surveyed said they would reward carriers using this technology with more freight.
“Schneider National’s thorough testing of T2 Untethered TrailerTRACS is a significant validation of our solution’s ruggedness, features and total lower cost of ownership,” said Chris Wolfe, president of Qualcomm Wireless Business Solutions. “Our T2 Untethered TrailerTRACS solution enables carriers to differentiate their service offerings, improve trailer utilization and provide an extra measure of security for high-value and high-risk trailer cargo.”
Schneider National and Qualcomm have been working together and leveraging technology for the benefit of the shipping community since 1988. In 2003, Schneider National and Qualcomm teamed to develop an untethered trailer tracking solution based on digital wireless technology. Schneider National also joined other leading transportation carriers as the founding member of a consortium designed to further the development of Qualcomm’s untethered trailer asset management solution and provide Qualcomm guidance with regard to product direction and development.
For more information on Qualcomm’s T2 Untethered TrailerTRACS solution call
1-800-348-7227 or visit www.qualcomm.com/qwbs.
Schneider National Inc. is a premier provider of transportation, logistics and related services. Schneider National serves more than two-thirds of the FORTUNE 500® companies, offering the broadest portfolio of services in the industry. Schneider National’s transportation solutions include: One-Way Van, Dedicated, Expedited, Intermodal, Brokerage, Bulk and Specialized. Schneider Logistics, a wholly-owned subsidiary of Schneider National, provides supply chain management technology, managed services, engineering services and freight payment.
Headquartered in Green Bay, Wis., Schneider National has a track record of providing expert transportation and logistics solutions. For more information about Schneider, visit www.schneider.com or call (800) 558-6767.
Qualcomm has helped the transportation industry become more efficient since 1988 when the introduction of the OmniTRACS® mobile communications solution provided transportation companies with an innovative and effective way of managing logistics. Today, Qualcomm’s truckload, private fleet and homeland security solutions continue to set the standard by offering services that meet and exceed the demands of a constantly changing marketplace.
Qualcomm is the industry’s global leader in providing high-value wireless data solutions with Network Operations Centers that process more than nine million transactions each day. Qualcomm has shipped more than 523,000 Qualcomm mobile systems to businesses in more than 39 countries on four continents.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company’s Code Division Multiple Access (CDMA) digital technology. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2003 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent and speed to which Qualcomm products are deployed, as well as the other risks detailed from time to time in the Company’s SEC reports, including the report on Form 10-K for the year ended September 28, 2003, and most recent Form 10-Q.