Overhaul, a visibility technology provider for supply chains, announced a collaboration with CNA, a commercial property and casualty insurance company. Together, the companies will offer motor carriers enhanced insurance-program opportunities utilizing TruckShield, Overhaul’s new risk-management app.
Announced earlier this year, TruckShield utilizes existing hardware in a motor carrier’s fleet to provide drivers with the ability to lock stationary equipment in place, resulting in increased asset and cargo protection, the company says.
“If a theft occurs, an immediate alert is sent out, and Overhaul LE Connect, our extensive law-enforcement network is brought in,” said Overhaul’s CEO and founder, Barry Conlon. “With Overhaul LE Connect, the nearest law enforcement officer is tasked with successful recovery, which makes the prospect of equipment theft, the prime cause of cargo theft, much easier to mitigate.”
In addition to equipment and cargo security, TruckShield’s technology also works to simplify insurance, maintenance, and safety administration, as well as allows motor carriers to build a data profile that demonstrates ongoing safety and compliance improvements—which the company says will lower both cargo legal-liability and auto-liability costs.
