GE announces Integrated Refrigerated Trailer Lease

At the National Private Truck Council’s annual meeting in Indianapolis this week, GE announced it is adding an Integrated Refrigerated Trailer Lease to its financial services for the trucking industry.

“Our customers have been asking us for help with the whole process of acquiring, licensing, maintaining, tracking and disposing of their reefers,” says Joe Artuso, chief executive officer of GE’s Trailer Fleet Services unit. “For one simple monthly payment, our new product offering gives customers the asset type they need, while controlling costs and simplifying their budget.”

GE’s new product includes providing customers leased refrigerated assets on a five- to seven-year term, with predefined costs per hour of operation and cost per mile. The product also includes an integrated tracking feature — with reefer monitoring and exception-based reporting by VeriWise. Normal maintenance also is included for wear and tear on the van and cooling unit, and on-site service is provided at a GE branch or at the customer’s depot.

  • GE also announced it has made its patented full-length cargo sensor available on both its VeriWise satellite and cellular platforms (formerly FleetView from Terion) to all trucking customers.
  • GE also has launched the next generation of its VeriWise Web user interface, an upgrade that leverages the latest asset intelligence technology to extend the application’s functionality, the company says. The VeriWise website identifies problems and ranks trailers, issues and landmarks based on user-defined criteria in real time, and then actively presents information to the specific user. VeriWise is available through GE’s Trailer Fleet Services business.