Integre Trans has formed a partnership with BANF, a smart tire sensor company, to advance sustainable trucking initiatives

January 22, 2024 10:16 PM AEDT | By Cision

Integre Trans has formed a partnership with BANF, a smart tire sensor company, to advance sustainable trucking initiatives — Image source: Kalkine Media

Recent News

EU targets Boeing with potential tariffs amid stalled U.S. talks- FT

How Did the Federal Court Judgment Impact ASX 200 and ASX Financials T...

ASX 200 Update: Key Stock Movements and Market Insights – 7 May 2025

Yari Minerals: ASX 200 Coal Acquisition Enhances Bowen Basin Assets

BANF and Integre Trans have announced plans to integrate BANF's intelligent tire solution into a significant portion of Integre Trans' logistics trucks.

SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- In a strategic move aimed at accelerating its global reach, BANF has entered into a partnership with Integre Trans - transport and logistics services company, for the implementation of the Intelligent Tire Profile System for trucks.

Integre Trans is a transport and logistics services company with headquarters in Lithuania and branches in Germany, France, and Poland. Integre Trans manages a fleet of over 1,000 trucks and trailers, offering road transportation services to a diverse clientele of more than 900 direct clients. The company works with a wide range of sectors: food and beverages, pharmaceuticals, retail and wholesale trade, manufacturing, chemicals, and more. The main export markets for its services are in Western Europe: Germany, France, the Benelux countries, Italy, Spain, and the United Kingdom.

This collaboration will enable Integre Trans to capitalize on BANF's Smart Tire Profile System, gaining real-time insights into tire conditions, lug nuts status, wheel alignment, thereby contributing to advancements in safety and fuel efficiency.

"Teaming up with BANF for the Truck Tire Profile System is our commitment to safer and more efficient transportation services at Integre Trans. This collaboration marks a step forward for us, bringing innovative solutions that improve our operations," Head of Business development Laurynas Burauskas said.

For BANF, this partnership signifies a valuable opportunity to fortify its position in the European market while expediting its overarching global expansion strategy. Already deeply involved in various projects with international truck manufacturers, tire producers, and fleet enterprises, BANF has garnered global acclaim for its technological expertise and competitive edge.

The VP of BANF, Ron Yoogun Lee, underscored the importance of the collaboration with Integre Trans, affirming, "This partnership marks a pivotal milestone in validating the high-quality services and solutions our company can deliver to global logistics enterprises. We are committed to advancing further in the global market through our innovative technology and services."

BANF offers a range of solutions geared towards efficient tire management, including the extension of truck tire lifespan, improvements in fuel efficiency, and heightened safety measures. Through these solutions, clients stand to realize operational cost savings and contribute to environmental protection.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.