NexTraq Announces Price Increase for North American Market
ATLANTA, Ga., August 1, 2022 — NexTraq, a Michelin® Group company, is announcing a price increase of $2.00 USD per unit. The increase will be effective in the United States and Canada with additional details provided directly to customers.
This is the first price increase for NexTraq in nearly a decade.
Reasons behind the decision include increasing cost and scarcity of microchips used in tracking devices, historic supply-chain disruptions, and rising labor costs throughout North America – many of the same difficult pressures businesses are facing across North America.
Although this is the first price increase for NexTraq in nearly a decade, it is still a very hard decision. To help offset the price increase, customers can realize significant cost savings on gasoline and diesel through more efficient routing and reduction in idling.
In an announcement to customers regarding the price increase, NexTraq is encouraging customers to discover additional savings by visiting https://www.nextraq.com/resources/savings-calculator/
The increase will go into effect on August 1, 2022. Customers will see the change in their invoices on August 15, 2022.
For more information customers are encouraged to speak with their account managers directly.
NexTraq, a Michelin group company, is a part of Michelin’s Global Services and Solutions business line. A key part of Michelin’s international telematics offerings, the company serves thousands of customers covering hundreds of thousands of vehicles and mobile assets throughout Canada and the United States. From tracking and reporting to routing and scheduling, NexTraq is more than just a provider of vehicle and asset tracking solutions. The company is a valued GPS fleet and mobile workforce management partner for its customers. Headquartered in Atlanta, NexTraq’s history of ongoing design innovation and industry-firsts matches perfectly with Michelin’s vision: “A better way forward.”