GPS-based Shipment Monitoring – Loadstar Gains Contracts

US Corp Loadstar signs 5 new customer contracts following launch of its SteallarTrak service

LoadStar announces that it has executed five (5) new definitive agreements with customers with terms ranging up to three years in duration. This follows the launch of their new StellarTrak service.

The company provides complete GPS-based solutions to help customers improve the security and effectiveness of their shipments, assets, and resources.  LoadStar operates worldwide, with offices in North America, Latin America and Asia.

Neil Smith, CEO of LoadStar, attributes the recent customer success to StellarTrak stating: "We often hear from customers that logistics is 'a large part physical and a large part informational.' What they mean by that is that you need both physical transportation assets as well as reliable information systems in order to meet their needs."

"LoadStar and our parent company, Hutchison Port Holdings, are uniquely positioned to provide world-class services for both. As the pressure for product stewardship continues to rise, the accountability and control afforded by StellarTrak becomes even more attractive. StellarTrakprovides indisputable, real-time information so all parties can work together to ensure the appropriate "duties of care" are adhered to, and that critical assets and resources are used to their maximum -- all from a solution that is easy to deploy and use," Mr. Smith said.