RailPulse has a seventh member: Union Pacific, which on June 7 joined the coalition established in late 2020 to “develop, broaden and accelerate the use of GPS and other telematics technologies in North America’s freight rail industry.”
Railinc will develop, maintain and operate RailPulse’s technology platform for monitoring railcar location, condition and health under a 10-year agreement, RailPulse reported on May 31.
David Shannon has been selected as the first General Manager of RailPulse, a coalition of railcar owners, builders and operators whose aim is to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network to significantly increase visibility, efficiency and safety.”
Many embrace the concept of the “digital evolution,” but its definition can vary depending on industry, location, and even the individual business itself. In freight rail, the practice and impact of the digital evolution depends on your role in our North American rail ecosystem.
The rail sector can be a digital leader in supply chain transparency. Deploying the latest analytics now must take center stage.
Over the past year and a half, I have been interviewing many of the people and companies that are in the business of trying to improve what is normally called “track and trace” and condition reporting of railway cargo and railway rolling stock equipment. Today, it’s called “telematics.”
The RailPulse℠ joint venture has selected Princeton Consultants to design its technology platform that “will facilitate and accelerate the adoption of telematics across the North American railcar fleet.”
Are digital railroads now set to fly?
Five major rail industry companies—Trinity Industries, Norfolk Southern, GATX, Genesee & Wyoming and Watco Cos.—have entered into a joint venture called RailPulse that is “expected to accelerate rail modal transformation through the advancement of GPS technology and other telematics across the North American railcar fleet.”