Increase operational efficiency and utilization without reinventing the wheel
Geoforce understands the importance of managing assets to improve overall performance by easily providing critical information through the Track and Trace application. The rail industry can benefit from GPS asset tracking to complement existing logistics systems used today. Geoforce’s solutions can eliminate revenue losses by optimizing the entire fleet, especially non-powered assets that can be easily lost or misplaced.
Benefits for the Rail Industry
Increase asset velocity
Get your idle rail cars back on the tracks as quickly as possible and decrease dwell times and demurrage charges. Use Geofencing and Geozones to identify time spent at rail stations, border crossings, or time in a yard.
Recover lost equipment
Remotely monitor your boxcars, tankers, and hoppers via Geoforce’s GPS asset tracking solutions to ensure they are quickly found when they become decoupled from the train during shunting or switching.
Maximize equipment utilization
Use asset tracking devices paired with Track and Trace software to generate daily, weekly, and other periodic utilization and telemetry reports for your railcars' location and usage that will help you determine if you have one sitting at a location that can be used at another.
Eliminate invoice discrepancies
Track and Trace allows you to share billing information with third party users to better coordinate timing of shipments and eliminate invoice discrepancies resulting in less stress between customers and suppliers.
Perform inventory in a snap
Geoforce's Days on Location reports tie GIS data to the lat/long of a railcar to automatically produce an accurate gauge of the number of days an asset has been at a specific location, allowing you to perform inventory counts instantly and painlessly.
Calculate accurate arrival time
Utilize GIS data to calculate accurate estimated time of arrival (ETA) for just-in-time rail operations.
Assets Tracked
Geoforce’s world class suite of GPS tracking devices can be utilized to track just about all types of rail equipment. With unparalleled reliability and ruggedness, our devices are built for the remote and sometimes rough conditions of the railroads. Geoforce guarantees your equipment will always be properly monitored.
Utilize for any rail asset:
- Automotive Racks
- Boxcars
- Centerbeams
- Covered Hoppers
- Coil cars
- Flatcars
- Gondolas
- Intermodal Equipment
- Open Top Hoppers
- Tank Cars
Why is Asset Tracking Important in the Rail Industry?
- 56% of the freight cars in the US won’t move on any given day.
- Loaded cars can sit idle for 23 hours a day before being routed to their destination.
- Demurrage fees for many fleets exceed 7 digits annually.
Rail Asset Tracking
Underutilization and long idle times for freight cars not only results in lost profits and high annual demurrage fees for rail operations – you also have to answer to customers whose bottom line is negatively impacted by delayed and lost deliveries. Avoid potential customer issues by complementing your existing rail logistics systems with GPS asset tracking. Geoforce’s rail asset tracking solutions are purpose-built for accuracy and durability, even in the harshest conditions, allowing you to take charge of your operations and improve customer relationships.
Streamlined Rail Inventory Management
Geoforce’s ultra-rugged asset tracking devices and smart Track and Trace software put the power to perform rail inventory management right at your fingertips. Give your key players real-time location information for your rail assets, even directly from the rail yard, with our web-based and mobile device software. Perform inventory counts, run Days on Location reports, assess idling and utilization, coordinate timing of shipments and more all from one user-friendly platform.
Digital Asset Tracking for the Rail Industry
Without a digital asset tracking platform for visibility of all of your rail assets in one place, rail operations rely on manual processes which leave room for human error. For the freight yard, the result is hundreds of freight cars sitting idle without any streamlined method for locating specific assets. Misplacing freight cars is a common pain point, especially for large-scale rail operations. For trains en route, the result of not having a digital asset tracking platform is boxcars, tankers, and hoppers becoming decoupled and lost – and in turn, lost profits.
Partner with Geoforce
Ready to learn more about how Geoforce’s rail asset tracking solutions will benefit your operations? Our experts want to hear from you – contact us today!