Container Tracking System Installation Up 54 Percent in 2012

MarineLink.com
Wednesday, May 08, 2013

According to a new research report from the analyst firm Berg Insight, the number of active remote container tracking units deployed on intermodal shipping containers was 137,000 in Q4-2012, up from 89,000 a year earlier.

 

Growing at a compound annual growth rate (CAGR) of 49.1%, this number is expected to reach 1 million by 2017. The penetration rate of remote tracking systems in the total population of containers is estimated to increase from 0.7% in 2012 to 4.1% in 2017. Berg Insight’s definition of a real-time container tracking solution is a system that incorporates data logging, satellite positioning and data communication to a back-office application.
 


The market for container tracking solutions is still in its early stage. Aftermarket solutions mounted on high value cargo and refrigerated containers are the first use cases to adopt container tracking. Orbcomm has after recent acquisitions of StarTrak, PAR LMS and GlobalTrak emerged as the largest vendor of wireless container tracking devices. Omnitracs, ID Systems and Skybitz are prominent vendors focusing on inland transportation in North America, which is so far the most mature market for container tracking solutions. Envotech, Pointer Telocation, Savi Technology, PearTrack Systems, Honeywell Global Tracking and Kirsen Global Security are examples of companies which have been successful in offering dedicated solutions targeting the global end-to-end container transport chain.



“The installed base of intermodal containers worldwide has now reached 20 million, which represents a significant market opportunity for the telematics industry”, said Johan Svanberg, Senior Analyst, Berg Insight. He adds that several prominent wireless M2M operators including Orbcomm, AT&T, Everything Everywhere and Telenor even have assumed the role of end-to-end solution providers of container tracking. Container telematics can help stakeholders to comply with regulations and meet the high demands on security, information visibility and transportation efficiency that comes with global supply chains. “It has been challenging to find the right business models to suit the diverse range of players in the intermodal transportation chain, but technology advancement, declining hardware prices and market awareness are starting to come together to make remote container tracking solutions attractive” concluded Mr. Svanberg.

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Hamburg Süd Christens Third San Class Ship

Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo.

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

Cosco Bulk Shipping Losses Down in 2014

China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market.

Logistics

Baltic Sea Index Down as Weak Demand Hits Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday as lack of demand took a toll on rates for most of the vessel segments.

Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste.

Plans in Place to Test Intermodal River Transport

The Paducah-McCracken County Riverport Authority and Ingram Barge Company has announced plans to assess the viability of Intermodal River Transportation, utilizing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1183 sec (8 req/sec)