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WABCO Concludes 100 Percent Acquisition of Transics International

WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies to improve the safety and efficiency of commercial vehicles, announced that it has successfully acquired the remaining 3.16 percent of Transics International in BRUSSELS, Belgium on June 10, 2014.

As announced on February 13, 2014, WABCO had acquired 96.84 percent of Transics International shares for a net consideration of EUR 95.8 million. WABCO subsequently made a public offer to acquire the remaining 3.16 percent of outstanding shares, consistent with Belgian takeover rules.

As a result of the successful takeover procedure completed recently, WABCO now owns 100 percent of the securities issued by Transics International NV. This means

WABCO paid in net consideration a total amount of EUR 99.9 million for the 100 percent acquisition of Transics International.

“We are pleased to complete WABCO’s acquisition of Transics International as planned,” said Nick Rens, WABCO Executive Officer and Vice President, Trailer Systems, Aftermarket and Off-Highway. “We reiterate that the synergy of WABCO and Transics superbly aligns with a WABCO strategic objective to further grow business with fleets around the world as we expand our portfolio of innovative solutions tailored to the specific needs of our global customer base.”

As part of WABCO, Transics International will continue to operate under its own brand. Based in Ypres, Belgium, Transics International also has offices in France, Germany, Ireland, Italy, the Netherlands and Spain, and it manages a sales network across Europe.

WABCO University Graduates 100,000th Participant

WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, announced on July 1, 2014 that the company’s professional training organization, WABCO University, recently graduated its 100,000th participant.

A record number of more than 14,000 customers from 51 countries completed training courses at WABCO University in 2013 alone, an increase of four percent compared to the previous year. In total, WABCO University conducted more than 1,200 training sessions in 2013 at the company’s 14 training centers worldwide.

Building on WABCO’s unique track record as a provider of professional training solutions for the commercial vehicle industry since the early 1970s, WABCO University was launched in 2006 as a center of excellence to support the diverse qualification needs of customers worldwide. WABCO University offers solutions for technical training, business training and consulting services courses in nine languages, including German, Chinese and Russian. In order to offer the most flexible and effective solutions to its customers WABCO University provides programs at the WABCO training centers, on-site at the client or online via e-learning courses.

“As a global technology and innovation leader in the commercial vehicle industry, we are passionate about sharing knowledge and expertise with our customers, so they can enhance their productivity and further improve their business,” said Nick Rens, President, Trailer Systems, Aftermarket and Off-Highway. “More than 100,000 participants from 58 countries completed WABCO University trainings worldwide. This further demonstrates WABCO’s position as a leading provider of professional training solutions for the commercial vehicle industry.”
A core element within WABCO University’s comprehensive portfolio of training solutions remains its technical training program that today represents more than three quarters of the total business volume. The most sought after technical training courses worldwide are related to WABCO’s award-winning Intelligent Trailer Program. The Intelligent Trailer Program offers more than 30 different key trailer functions that can help trailer builders, fleet operators or cargo owners decrease transportation costs, save fuel and increase driver safety and comfort.

In 2013, WABCO University further expanded its state-certified TopDriver training program to qualify truck and bus drivers based on European Union regulatory requirements. The program features cost effective training concepts for fleet customers to enhance driver and road safety. Thereby, the TopDriver training program helps to increase fuel efficiency while reducing the number of accidents, related downtimes, and total transportation costs.

“Professionally-trained and responsible drivers are at the core of our business. They maximize uptime and contribute significantly to saving fuel,” said Rico Toepfer, Managing Director, Finsterwalder Transport & Logistik GmbH. “WABCO’s TopDriver training program helps us to meet these targets and improve the quality of our transport services. It’s another important element for the successful and long-term cooperation with our customers. We consider the TopDriver training program as an integral part of our overall business success. WABCO is a top provider of training solutions for us and our industry.”

In addition, the technical training program provides numerous practical and customer-specific training modules, including basic courses in air brake technology, foundation brake systems and electronic systems, as well as system training courses in anti-lock braking systems (ABS), electronic braking systems (EBS), electronically controlled air suspension (ECAS), bus systems, driver safety, and training on local rules and regulations.
For more information and access to the online courses search tool, e-learning demonstration programs and online booking of training courses please visit www.wabco-university.com

Wawancara Eksklusif dengan Martin Lundstedt - Ketua Pegawai Eksekutif dan Presiden Scania

Semasa lawatan ke Asia Tenggara, Martin Lundstedt, Ketua Pegawai Eksekutif dan Presiden telah meluangkan sedikit masa beliau untuk bertemu dengan Asian Trucker bagi suatu temubual yang eksklusif. Temubual sepenuhnya boleh didapati di dalam majalah Asian Trucker, tetapi kami ingin mengkongsikan sedikit petikan dari temubual tersebut.

AT: pengakutan perdagangan berat/trak telah menjadi lebih selamat. Adakah kerajaan memberi dorongan yang secukupnya untuk melaksanakan perkara ini?

ML: Ruang untuk penambahbaikan sentiasa ada dengan melaksanakan undang-undang atau insentif mengenai ciri-ciri keselamatan. Tetapi ada juga perkara-perkara yang industri pengangkutan boleh lakukan untuk meningkatkan keselamatan, seperti latihan kepada pemandu.

AT: Sila beritahu saya dengan lebih lanjut bagaimanakah anda dapat mengekal pengurusan keutamaan di Scania.
ML: Kecekapan tenaga dan penjimatan tenaga adalah gabungan yang sempurna. Tiada masalah diantara penjimatan dan keuntungan. Tenaga yang dapat dijimatkan, dapat mengurangkan kos. Fakta ini menjadikannya mudah untuk meneruskan pengekalan.

AT: Bagaimanakah anda melihat trend global dalam trak untuk 5 tahun akan datang?
ML: Kecekapan bahan api akan sentiasa berada di dalam fokus. Ini bukan sahaja bermakna peningkatan enjin dan kenderaan tetapi juga sistem elektronik yang menyokong pemandu untuk memandu dengan cara yang paling menjimatkan bahan api.

AT: Apakah cabaran yang akan dihadapi oleh industri untuk beberapa tahun akan datang?
ML: Dari perspektif pengeluar, permintaaan yang tidak menentu adalah sesuatu yang normal. Ini bermakna kita perlu menjadi fleksibel untuk menyesuaikan pengeluaran kepada perubahan dalam permintaan.

Ways to prevent truck hijacking

Even in our industry, hijacking is a serious issue. It causes nothing but a serious internal and external damage. Reputation and lives are at stake. Your company may experience revenue loss, higher insurance premiums, parts shortages, business interruptions, workers' compensation claims, and angry customers. More serious issues occur if anyone gets injured, or even killed.

We have done a survey through our Asian Trucker Driver Club page (Facebook), and we received plenty of comments to share experiences and information from drivers on this issue.
Long distance haulage usually consists of a cargo truck or tanker trailer which offer more possibilities for hijacking to take place. Naturally, hijackers would target those trucks carrying valuable and expensive products.

Follow routine safety measures

Every company has their own safety policy and procedures. Training provided to the drivers will typically include briefings about the safety of the truck and how to protect themselves in the case such crime occurs. For the drives, it is essential to practice all the safety measures in their daily work routine.

• Be alert of suspicious people when you load / unload your goods or pump petrol
• Get info about places where hijacking often occurs
• You may also take another initiative such as lock up cash or hide it
• Try to stop about 5m behind the car in front of you at a stop sign or traffic light – it makes for an easy getaway if trouble arises
• Have knowledge about the hijacker’s tricks and methods
• Always carry information on you that identifies your truck, cargo and equipment

Truck Security

• Ensure the truck doors and windows are always closed and llocked whenever you park he truck or even when the truck is moving
• Turn off the engine and lock the truck during refuel your truck
• Find a safe parking spot for your truck such as a police station; avoid dark and quiet places

Install Tracking and Immobilizes Devices

Most companies nowadays have their truck equipped with a Global Positioning System (GPS) or immobilizing devices which are customized for trucks. There are several features that offer security benefits:
• Two way communication between driver and command centre
• Consist of panic button hidden in the truck for the emergency situation which will trigger an alarm and may even alert the police
• Giving signal to the company if the battery compartment of the truck is being opened
• Global Positioning System (GPS) devices are commonly used to track the locations of trucks and trailers. Sophisticated system can even track truck and trailer separately or individual boxes within the cargo.
• These disable vital automotive functions and prevent the engine from being restarted until a hidden switch is activated
• These should be used along with the other mentioned security tips, as a disabled vehicle can still be towed away

With safety in mind, Briliant Decade is boldly stepping ahead

Spurred by country's grows, Transporter is expanding in the fast growing market.

Mr. Anndrew MLH, Transport Manager from Briliant Decade Transport Agency Sdn. Bhd is pleased to share insights about Brilliant Decade. Working for almost five years with Briliant Decade has made him one of the leaders of the company.

Strong History
Hiap Teck Venture Berhad (HTVB) is a dynamic and leading steel company in Malaysia. Incorporated in 1993, it is a public listed company on the Malaysia Stock Exchange and is ranked among the top tier Malaysian steel companies. It has an outstanding track record and revenue exceeding the billion Ringgit mark.
Through its successful wholly-owned subsidiaries, HTVB hold nineteen years of extensive steel industry experience, offering steel product solutions for steel application to a diverse customer base both domestic and international in multiple sectors such as building construction, manufacturing, engineering and oil and gas. We are taking a closer look at one of its subsidiaries, Brilliant Decade.

Established in 1993, Briliant Decade Transport Agency Sdn Bhd now owns a total of 30 units of trucks ranging from 6 tonnes to 20 tonnes. Out of these, 27 units of the fleet are equipped with GPS tracking & monitoring systems. Briliant Decade is constantly upgrading its fleet to keep pace with the rising needs in transportation. This ever-improving company attributes its growth and success to its dedicated and experienced work force of 38 staffs.
Mostly, Briliant Decade is focused on the internal delivery. The company prioritises own goods and their main area of operation is the Klang Valley. Typical goods transported include steel, pipes and others. The company uses a mix of several truck brands. Older trucks are Nissan, Hino, Izusu and Scania while their new trucks are Sinotruk and Auman.
“In my opinion, the Chinese truck brands entering the market now perform quite well. Therefore, they are expanding to meet the market need” said Mr Anndrew.

Safety First
Been asked about which safety aspects concern the company the most, he responded, “I take the overloading issue seriously. In Briliant Decade we strictly follow the limit because we need to look out for the driver’s safety and as well as the truck conditions. Overloading will bring nothing other than damages, to material and potentially to people”.
As a manifestation of this approach, every month Mr Anndrew will have a random spot check on the drivers. “I practice this method because I want the drivers to come to work in a healthy condition. Sometimes these drivers do not feel well but they tend to continue working. When this happens, I will ask them to go the hospital or to have a rest,” he said. In addition, the company will send the drivers to the training when the need arises.

Briliant Decade Future
Brilliant Decade is concentrating on the internal deliveries. Sometimes the company accepts requests from other companies, however, the outsourcing of services is not their priority. In the future, they are considering to provide external delivery and to extend the delivery coverage beyond the Klang Valley. This will certainly require them to add more trucks to the fleet.

Your Full Time Driving Teacher – Mobileye

Launched in Malaysia this week, this intelligent device was created to be the third eye in all kinds of vehicles, helping to mitigate and avoid risk of collision.

The Marina in Putrajaya, was the location selected for everyone invited to witnessed the launch of the world most advanced driver assistance system (ADAS) – Mobileye on June 4th. With the support from the Guest of Honour, YBhg. Tan Sri Dato’ Seri Syed Hamid bin Syed Jaafar Albar as the person to lunch the integrated product, Pro ICE Sales & Service (M) Sdn. Bhd as the appointed master distributor is now ready to roll out the product through their dedicated distribution network.

How does it work?
A single smart camera that is mounted to the windscreen monitors the road and provides the driver with critical real-time audible and visual warnings. But behind its simple operation is a breakthrough proprietary EyeQ chip and complex algorithms that translates real world scenarios into a unique set of driver safety and convenience.
In case of an impending danger, the Mobileye system issue audio and visual warnings, allowing drivers enough time to react. With its ability to synchronize directly to your Smartphone via Bluetooth, Mobileye allows you not only to view the alerts on your phone, but also to receive live data and statistic about your driving behaviour. Mobileye can be installed in all type of trucks, buses, vans lorries and cars.

Why Mobileye?
Statistically, 72% of all road accidents are caused by driver inattention. Where a moving vehicle is concerned even a momentary lapse of concentration can lead to horrible results. With several tests conducted and receiving feedbacks from the countries using Mobileye, it is proven that about 45% to 50% of crashes can be avoided using this device. Clearly by having a Mobileye in your vehicle, you will be able to increase your alertness while driving as Mobileye acts as your co-pilot.
“Many victims of road accidents have lost their limbs or in some cases their life. With constant development in advanced driver assistance systems, various tools are available to us. We need safeguard our lives and those that trust us when we use roads, being it either passengers riding with us or other participants on the road” said Datuk Roger Tan Chai Wha, Pro ICE CEO as he foresees thousands of lives will be saved each year with Mobileye introduced into Malaysia.

It is now offered as an aftermarket product for buses, trucks, lorries, vans and cars in Malaysia by its official distributor Pro ICE Sales and Services (M) Sdn Bhd, a professional in-car-engineering company that has been active since 1986.
However, even with such advanced technology we cannot take our hands off from our responsibility or the steering wheel. With or without Mobileye, it is the top priority of every driver to be alert, and aware of the road safety while driving. Mobileye will not take over the duty of drivers; they are still the one in control and in charge. It should be everyone’s duty to always have both eyes on the road and be an alert and responsible driver.

Mobileye Feature
• Mobileye Pedestrian Collision Warning
• Mobileye Lane Departure Warning
• Mobileye Forward Collision Warning
• Mobileye Traffic Sign Recognition/speed Limit Indication
• Mobileye Intelligent High-Beam Control
• Mobileye Headway Monitoring Warning

Mobileye Benefits
• Prevent and Mitigates Collisions
• Significantly improves Driving Habits
• Quick return on Investment
• Enhances Social responsibility
• Reduces Fuel Consumption
• Provide a powerful Tool for driver Monitoring and Evaluation
• Effective Risk Management Tool

Empiric study
While all this sounds fairly sophisticated, it simply means that the use of Mobileye's technology will reduce accidents.

In a study commissioned by the Ministry of Transport, Netherlands in 2008, some 2400 trucks were monitored. A sample size of 400 trucks was operating without Mobileye. The estimated number of crashes during the test phase was to be between four and five accidents. The other 2000 trucks were fitted with Mobileye techonolgy. The basic assumption was that second sample size is five times bigger and the use of Mobileye technology would reduce the accidents by about 50 %. Hence the second, larger sample should have had between 11 - 13 accidents.

Some 77 Million Kilometers later the results came in to surprise everyone. While the sample without Mobileye had five accidents, as initially estimated as the high value. Meanwhile, the larger group of trucks fitted with the ADAS had zero accidents.