24th Jan 2022 14:47
t42 IoT Tracking Solutions PLC - Jersey-based provider of tracking, security and monitoring solutions for containers and freight - Secures commercial order from DHL for 32 tracking lock units for use in Singapore. Follows successful pilot program where t42's products were tested against competitors. Financial details were not provided.
"DHL chose t42 as its preferred provider, stating that its technology had a significant advantage over t42's competitors in terms of its capabilities, big data analysis and reports received from the system and service levels," the company said.
t42 has received a formal certificate of excellence from DHL, and expects more orders to follow.
Current stock price: 26.08 pence, up 0.3% on Monday
12-month change: up sharply from 7.80p
By Elizabeth Winter; [email protected]
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