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GE Introduces Fleet Management Technologies for Railcars

October 1, 2007

GE Equipment Services has introduced VeriWise RAIL and VeriWise INTERMODAL, remote asset management solutions that provide customers with on-demand visibility into the status of their fleet and the cargo it carries.

Already in service on more than 150,000 transportation assets in North America and Europe, VeriWise technology can provide decision support data directly to cargo shippers and carriers, helping them enhance safety and security, improve shipment delivery cycles, and increase productivity.

VeriWise uses remote-monitoring devices, an array of sensors, algorithms, and satellite and cellular-based communications networks to gather and provide information about a fleet’s location and the environmental conditions inside each railcar or intermodal unit. Customers manage their fleet operations through a secure Web interface at their discretion and on their own schedule.

Whether a shipment contains hazardous materials, agricultural commodities, coal, high-value electronics, or automobiles, the ability to monitor location and a range of conditions offers shippers a wealth of information to plan arrivals, unloadings and restockings more efficiently.

“GE aims to solve fundamental problems, and moving goods more safely, securely, and efficiently is one of the biggest challenges in transportation,” said Jay Wileman, president and CEO of GE Equipment Services, Rail Services. “With approximately 150,000 VeriWise units already installed on over-the-road assets, a monitoring solution for rail and intermodal units is a natural progression for us and a necessary tool for the management and protection of railcar and intermodal fleets.

“Given our increased homeland security concerns, federal regulations on the tracking and monitoring of hazmat materials are inevitable,” added Wileman. “GE is anticipating these regulations and delivering the technology to address security concerns today. VeriWise provides the industry with a solution for keeping an eye on fleets and cargo through all points of the supply chain."