Goodyear Tire and Rubber (NASDAQ:GT)
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6 Months : From Oct 2019 to Apr 2020
AKRON, Ohio, Dec. 17, 2019 /PRNewswire/ -- Norfolk Southern Railway Company has selected The Goodyear Tire & Rubber Company's innovative TPMS Plus (Tire Pressure Monitoring System) technology for its trailer fleet across North America.
TPMS Plus is a part of Goodyear's complete Tire Management Program, designed to help fleets save time and money by alerting them to developing tire situations. The solution's on-vehicle sensors monitor tire conditions in real time, allowing fleets to quickly identify and triage issues like air leaks, low pressure and abnormal temperature. Once a potential issue is detected, Goodyear Fleet HQ can assist in routing the driver to a Goodyear service network location or dispatch roadside assistance to perform preventative maintenance. After a successful TPMS Plus pilot with Norfolk Southern's intermodal operations, Goodyear began to deploy the solution at the Norfolk Southern Fairburn, Ga., facility earlier this year. Installations will be expanding to additional facilities in Illinois, Indiana and Florida over the next several months.
"The Norfolk Southern TPMS Plus deployment is the largest fleet installation to date for Goodyear," said Johnny McIntosh, director, Integrated Solutions & Tire Management, Goodyear. "Our collaboration with Norfolk Southern showcases Goodyear's ability to develop adaptable technology solutions that meet our customers' needs. TPMS Plus allows fleets like Norfolk Southern to more efficiently protect and maintain their tires, preventing costly tire-related roadside breakdowns and time off the road."
"TPMS Plus has already provided insight into our tire program that we otherwise did not have, resulting in immediate improvements to our maintenance processes," said Andrew Knouse, group manager, Road Equipment Maintenance and Planning, Norfolk Southern. "In a sample of 20 chassis during the initial weeks of installs, we collected over 10 occurrences that prevented further failures. For example, TPMS Plus helped Norfolk Southern provide a new level of customer service by providing an alert that a tire was losing air and required attention. We, in turn, notified the driver of the problem, and the driver was able to pull over and have the tire addressed, preventing further damage to the tire and delay in his route."
TPMS Plus also includes GPS-enabled theft detection, battery back-up for hardware and integrations into existing fleet maintenance systems. With this range of features, Goodyear's TPMS Plus product is one of the most versatile and comprehensive tire monitoring solutions on the market today.
About The Goodyear Tire & Rubber Company
Goodyear (NASDAQ: GT) is one of the world's largest tire companies. It employs about 64,000 people and manufactures its products in 47 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
Goodyear offers The Total Solution of trusted products, a nationwide network, reliable services, and fleet management tools to help commercial fleets lower their total cost of ownership. To learn more, visit www.goodyeartrucktires.com.
About Norfolk Southern Corporation
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern is a major transporter of industrial products, including chemicals, agriculture, and metals and construction materials. In addition, the railroad operates the most extensive intermodal network in the East and is a principal carrier of coal, automobiles, and automotive parts.
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SOURCE The Goodyear Tire & Rubber Company