RAILPULSE AND NEXXIOT ANNOUNCE AGREEMENT TO ACCELERATE RAILCAR TELEMATICS ADOPTION

RailPulse, founded by a dynamic consortium of forward-thinking railcar owners dedicated to transforming the rail sector through accelerating the use of GPS and other telematics technologies, and Nexxiot, a leading provider of railcar telematics solutions, announced an agreement that will make it easier for railcar owners to access Nexxiot’s products and services and join the RailPulse platform.

The agreement, effective as of January 5, 2024, allows RailPulse to act as a non-exclusive reseller of Nexxiot’s hardware devices, software, and services to RailPulse customers within North America. The goal is to simplify the process of procuring telemetry solutions for railcar owners who want to be part of the RailPulse community, not to generate profit for RailPulse.

Nexxiot is the first telemetry vendor that RailPulse is offering through this type of reseller program, as it aims to create a vendor-neutral and open-architecture railcar telematics infrastructure that spans the entire North American freight rail industry. The reseller program is entirely optional for both the telemetry vendor community and the railcar owners who wish to join RailPulse.

Now stakeholders who own, lease, or operate railcars in North America can purchase Nexxiot technology through RailPulse to equip their assets and access the RailPulse platform to improve operational efficiency and fleet utilization. Alongside location-based services, the technology offers data around conditions like load status (empty/full), door or hatch opening events, hand brake position, and the condition-based maintenance of assets.