National Retail Systems (NRS) will install the VeriWise Track and Trace asset management system from Asset Intelligence, a subsidiary of I.D. Systems.
“We haul more than a billion pounds of freight every year,” said Raymond Wisniewski, NRS president & COO. “Technologies like VeriWise give us a critical competitive advantage and maximize the return on our investment in our transportation assets. Based on past performance, we are confident that deploying the Track and Trace system on our trailer fleet will help us reduce operating costs and improve our asset utilization by 10-15%.”
VeriWise Track and Trace provides real-time GPS data via cellular communications and web-based software to improve the security and efficiency of freight transportation fleets. The system is designed for quick, flexible installation on a wide range of cargo-carrying assets, with patented power management technology to provide exceptionally long battery life and maintenance-free operation, Asset Intelligence said.
“In addition to being a powerful tool for efficiency, the VeriWise system is a key part of our industry-leading commitment to the security of our customers’ assets,” said John Tabor, NRS director of corporate security. “Cargo theft is a multi-billion dollar problem worldwide, with 85 percent of major thefts occurring during road transportation. NRS takes extraordinary measures to safeguard the assets we handle, and we expect the real-time trailer visibility and alert functions provided by the VeriWise system to help us maintain our sterling reputation for loss prevention."
