GE Asset Intelligence, a business of GE Capital, announced that its GE VeriWise Trailer Tracking and Refrigerated Trailer Monitoring systems have been approved as ecomagination products after completing GE’s rigorous Ecomagination Product Review process.
By providing up-to-the-minute location and status information, as well as exception management reporting, VeriWise reduces wasted mileage and refrigerated trailer fuel consumption, according to GE. VeriWise was conceived as a GE Imagination Breakthrough as a tool to support a wide variety of industries in monitoring, managing and optimizing the use of remote assets to generate improved return on investment.
The VeriWise system is designed to provide numerous operational efficiencies to trucking companies, including reducing wasted miles, fuel use and CO2 emissions; GE says the carbon avoidance potential also is substantial for refrigerated trailers using diesel fuel to run their cooling units. With the timely information and management reports available with VeriWise, a 1,000-trailer refrigerated carrier could avoid between 500 and 1,700 metric tons of CO2 emissions annually, roughly the same amount absorbed by 135 to 460 acres of southeastern U.S. forest, according to the company.
“The operational benefits of our VeriWise product are well established — trucking companies can carry the same volume of freight with fewer trailers,” says Darryl Miller, chief operating officer of GE Asset Intelligence.