Networkfleet was honored with the M2M Value Chain Silver Award in the fleet management category for BLS Trucking's use of the Networkfleet system.
The award, which was presented at the M2M Connected World event in Chicago on June 11, is given to companies that deliver highly successful commercial applications of machine-to-machine technology.

Dayton, Ohio-based BLS Trucking uses Networkfleet's GPS location tracking and engine diagnostic monitoring to provide vehicle information such as actual vehicle speed, exact diagnostic trouble code and miles-per-gallon. According to Networkfleet, BLS Trucking managed to reduce fuel costs by $900 per vehicle in the first year, lower repair costs and reduce breakdowns, and improve vehicle management. By using the system, BLS also saw a return on investment in less than a year.

The Value Chain Awards highlight the process of combining multiple technologies such as device-connectivity hardware, radio modules, network service and provision, as well as application software and infrastructure, and show how all of the elements of the M2M value chain created a winning solution for the end customer.

The fleet management provider was also in the running for the Best Telematics Service & Application for Commercial Vehicles Award, presented by Telematics Update, an industry publication. The awards were presented on June 2 at the 9th annual Telematics Detroit 2009 Conference & Exhibition.