Maptuit reports record growth

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Updated Jun 23, 2011

Maptuit on Monday, June 20, announced that for the 12 months ending March 31, the company experienced record growth and profit. “Led by the rapid expansion of our flagship navigation product, NaviGo, Maptuit’s transportation revenue increased by 40 percent,” says Luke Wachtel, Maptuit’s executive vice president of sales and marketing. “During that time period, the NaviGo customer base of fleets increased by 50 percent.” The company also reports that in the first four months of 2011, it has added more than 60 additional fleets subscribing to navigation.

“We are especially proud of the progress we have made when you consider that NaviGo is a business tool that drives greater operational efficiencies and a significant ROI for the fleet, as well as an overall improved experience for the drivers,” Wachtel says. “Our team of professionals has worked diligently with our client base to train them on the different ways our products can be integrated into their daily lives.”