SOURCE: NavStar Technologies, Inc.

NavStar Technologies, Inc.

February 17, 2012 08:30 ET

FMCSA Announce Intent to Proceed With Electronic On Board Recorder

ANAHEIM, CA--(Marketwire - Feb 17, 2012) - NavStar Technologies, Inc. (PINKSHEETS: NVSR), a company focused on producing and commercializing products and services for tracking/monitoring and reporting on the location and condition of high value cargo and other assets, is pleased to see the commitment from the Federal Motor Carrier Safety Administration (FMCSA) to proceed with rulemaking regarding electronic on board recorders (EOBR) and hours of service (HOS).

FMCSA also announced via the Federal Register several steps to augment its efforts to obtain comprehensive data to support the push to electronically record hours of service of U.S. truckers involved in interstate commerce. These measures include:

  • Listening sessions on the issue of driver harassment;

  • Tasking the Motor Carrier Safety Advisory Committee to assist in developing material to support the rulemaking, including technical specifications for EOBRs and their potential to be used to harass drivers; and

  • Conducting research by surveying drivers, carriers and vendors regarding harassment issues.

Following the U.S. 7th Circuit Court of Appeals' decision last August that vacated the 2010 limited mandate for EOBRs for certain noncompliant carriers, the harassment issue may be the key consideration for the agency. The agency has expressed intent to devise a rule that mandates some version of electronic logging devices for virtually all trucks in interstate commerce.

"NavStar's new, smaller, feature-rich asset tracking device is ideal for trucking companies as they strive to lower costs and comply with the DOT mandate for Electronic On Board Recorders to electronically record a driver's hours of service," said N. Douglas Pritt, Chairman and CEO, NavStar Technologies, Inc. "With 20 million trucks in the U.S. and Canada the opportunity and timing are ideal for NavStar to participate in this market growth predicted for 2012 and 2013."

About NavStar Technologies, Inc.

NavStar (www.navstarinc.com) is focused on the creation of products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets.

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