New trailer management system from GPS Trackit deters theft
By Jenny LescohierNovember 10, 2021
GPS Trackit has launched a universal trailer management solution, the GL500MG, to protect unpowered assets including construction equipment, freight trailers, flatbed trailers, freight containers, generators, tool storage boxes and recreational equipment.
Theft of cargo, and the trailers transporting it, has spiked during the Covid-19 pandemic, according to cargo recovery service CargoNet. Equipment theft is also a serious problem – up to $1 billion worth of construction and farm equipment is stolen each year, according to the National Insurance Crime Bureau. Only 10-15% of stolen equipment is ever recovered, according to International Risk Management Institute.
The new device’s features, five-year onboard battery and durable housing help construction companies, carriers and trucking companies locate and control their trailers around the clock.
“Our new asset tracker is a universal device that helps companies protect the valuable assets that help their business to grow,” said Ed Montes, GPS Trackit CEO. “As a leader in the IoT and fleet management industries, we want to provide the highest-value solutions to our customer base.”
The GL500MG features:
- Durable, waterproof shell
- User update button immediately shares GPS coordinates
- Geofences provide alerts when asset leaves pre-set area
- Lithium batteries last five years
- Flexible mounting options
- Wake up on motion
- Tamper-detecting magnet
The GL500MG helps companies quickly recover stolen trailers, by increasing the data ping rate when the trailer unexpectedly moves.
“We’ve designed the GL500MG to help companies quickly recover stolen or lost equipment to reduce loss,” said Michael Gill, GPS Trackit’s CTO.