Power2Ship To Provide GPS/PDA Devices For ARL Trucks
Power2Ship [OTC BB: PWRI.OB] has entered into a non-binding letter of intent with ARL to provide ARL’s 70 agents, operating 500 trucks, with a Power2Ship GPS/PDA device for each truck under a 36-month service contract. These devices capture a truck’s location in real-time and wirelessly transmit that information to a central monitoring location. This information, combined with a truck’s future bookings, enables a truck’s unused capacity to be forecasted and displayed to member-shippers who can select that vehicle to transport loads. Further, the PDA wirelessly captures an electronic bill of lading at load pick-up and the electronic signature of the receiver upon load delivery to trigger an electronic invoice to be sent to the shipper. The total revenue from the agreement could reach $20 million, Power2Ship officials said.