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Thursday, 07/20/2023 8:29:22 AM

Thursday, July 20, 2023 8:29:22 AM

Post# of 54241
Cargo theft is a very big problem for all stakeholders, currently estimated to cost the US economy 15-35 billion dollars annually according to the National Insurance Crime Bureau. CargoSecure's mission is to deter, secure and prevent these all too frequent occurrences from taking place by deploying technology that will eliminate less secure devices such as truck seals or padlocks, that are passive, and offer no real-time data or situational awareness. These features will lower operational costs, and reduce daily costly delays that result from cargo theft on road and rail operations.

Mr. Craig commented, "Through this strategic partnership, Gl�«d and CargoSecure are set to redefine the logistics landscape, ensuring end-to-end security, transparency, and efficiency for our business partners and their customer's freight as they are transported by road and rail. The seamless integration of Gl�«d's autonomous capabilities with CargoSecure's digital and battery-free NFC smart lock solution promises to unlock new possibilities in cargo transportation, forging a path toward a smarter safer, and more sustainable future. I speak for everyone at Sensored Technologies, Inc., when I say we are very excited about this partnership and look forward to the road and rails ahead with Gl�«d."

Through cutting-edge technology, CargoSecure requires no cables, wires, or batteries for power, an important advantage for assets like truck trailers and containers that are often on the move and in the field. This is achieved through an emerging technology called NFC induction that uses the power of the NFC-enabled device for power. The authorized user simply needs to make contact with the CS1 and their device to unlock or lock cargo doors.