NuState Energy Holdings, Inc. announced that its My Driver Seat fuel management tool enables reductions of 5% to 28% in fuel consumption. This monthly fuel savings at current fuel prices would range from $275 to $1500 per truck as well as reducing harmful emissions.
Frank Reilly, CEO of NuState commented, “We are confident that once customers complete their on-going, 60-day, My Driver Seat pilots, they’ll make the decision to roll it out to the rest of their fleets based on the tremendous fuel savings and emissions reductions. We anticipate having contracts with very well-known companies at the end of these test programs in the very near future confirming our forecast of 10,000 units by the end of 2008.”
“My Driver Seat,” the company’s proprietary software application, validates nearly any products designed to improve fuel efficiency or reduce harmful gas emissions more accurately and quickly than any other method, the company says. At the same time, it is a fuel management tool that provides real-time information, such as vehicle speeds, idling times, out-of-route notifications, and unauthorized use, which translates to significant fuel savings.
In addition to being a fuel management tool, My Driver Seat includes a broad range of telematics solutions that collect vehicle and container-based data and integrate it with information gathered from various devices. Among the many capabilities of these telematics solutions are on-demand live diagnostics, two-way communication, temperature alerts, electronic fuel tax payment, inventory/asset visibility, secure trucking and matching of available freight with available trucks. Further, My Driver Seat may be customized to specific customer requirements.
The company also owns Fittipaldi Carriers, a regional logistics company based in Columbia, SC with projected annual revenue of $30 million. For further information, go to www.emmologic.com.