Merger and acquisition projects for US based Japanese Investment Bank.
The US rail industry has recently had regulations imposed on it by the Department of Homeland security (DHS) to ensure that they are able to safely track the locations of all hazardous cargos. This requirement has required all those transit operators, both road and rail, to ensure that they can locate the whereabouts of any such 'TIH' cargo at any time.
Traditionally transit companies have not employed advanced technologies for these tasks due to the hazardous nature of the cargo's as well as most of the tank cars and tankers not having their own source of power.
Following development and deployment of self-contained, battery powered, tracking systems for tracking 'non-powered' assets, Digital Grape Business Services is now offering the same IP66 enclosed 'Grape Track' module to the wider chemical transit and hazardous products markets to meet recently introduced security tracking requirements in the US and Europe.
The system is already in use in the European TIH markets tracking hazardous cargos by use of self-contained GPS systems. The Grape Track system has been demonstrated in the US to a number of users and is under long term evaluation in the mid west for potential use in both road and rail applications.