NavStar Technologies, Inc. has partnered with Riviera Finance to assist trucking companies that will need financing to purchase Electronic On Board Recorders.
Recently, the Federal Motor Carrier Safety Administration required trucking companies with poor safety records to install EOBRs in their trucks. On January 31, 2011, the FMCSA introduced a proposed rule that would require every interstate truck to install an EOBR.

NavStar is introducing an EOBR to market aimed at small to mid-size fleets -- the owner-operator segment in particular.

NavStar believes that by offering prospective EOBR clients a built in financing option, it will offer a complete EOBR solution for all trucking companies. NavStar will be involved with the process from financing, installation and monthly monitoring, to reporting required documents to the FMCSA. The single biggest complaint from the trucking companies, especially the owner operators, has been the financial burden to their companies that EOBRs will put on them. NavStar believes that its partnership with Riviera Finance will assist these companies in their transition from paper logs to EOBRs.

More info: www.navstarinc.com