Products

Program Promises 'Instant ROI' For Tire Inflation System

February 26, 2017 - Products

By Jack Roberts

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Velociti and Meritor

NASHVILLE -- Velociti has partnered with Meritor to develop a new, "turnkey" retrofit tire inflation system for trailers with the Meritor Tire Inflation System by PSI. According to Deryk Powell, president of Velociti, the system is revolutionary thanks to a deferred billing program that essentially lets fleets and owner-operators pay for the system with the return on investment funds generated by the technology.

Speaking to reporters at the Technology & Maintenance Council (TMC) Annual Meeting Sunday, Powell said the most common reason fleets do not retrofit trailers with automatic tire inflation systems is because of budget constraints and concerns that the logistics of installing the systems are too great to bear in a dynamic, busy logistics environment.

Velociti, which manages the installation and deployment of a wide range of technology solutions for transportation and other industries, counters these concerns by deferring billing during the installation phase of the program, plus extending payment terms on the entire package. This gives fleets an ATIS program that provides immediate and sustained savings on fuel, tread wear, maintenance and downtime. Those proceeds are used to pay for the program while the fleet stays in positive cash flow while adding money to its bottom line.

The key, Powell said, is that Velociti now offers a complete ATIS package which includes hardware, a 90-day retrofit installation and 24/7 remote monitoring and event reporting via telematics integration.

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