Vericom Technology helps tire company recover thousands in stolen goods

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Vericom Technologies, Inc., a nationwide provider of Mobile Resource Management (MRM) solutions to service organizations, announced today that Friend Tire Company, a nationwide tire dealer and delivery service, was able to recover thousands of dollars in stolen vehicles and merchandise thanks to the Vericom GPS-enabled devices installed on their fleet of delivery trucks.

Friend Tire uses Vericom’s flagship solution, VeriVision, on their fleet of 85 delivery trucks, an MRM solution with detailed vehicle location capabilities. In the past year, Friend Tire has been able to recover two stolen vehicles and their contents – in Texas, a 26,000 lb. box truck with $40,000 worth of merchandise and in Tennessee, a 3/4 ton pick-up truck with a full rack of merchandise. VeriVision makes it possible to monitor the location and progress of vehicles, allowing for immediate asset location.

“With savings of more than $100,000 in trucks and tires, the VeriVision solution has paid for itself many times over and helped us avoid costly insurance premium increases,” said Rick Holle, Fleet Manager of Friend Tire. “Having lost a truckload or two of tires, we knew we needed an MRM solution to safeguard against theft.”

“A success story like Friend Tire’s is a win for everyone involved,” stated John Bjorn, Chief Executive Officer of Vericom. “In addition to theft recovery, our customers tell us that our MRM solution makes it possible to track vehicle routes, control fuel usage and mileage, and determine vehicle location.”