RAILPULSE AND NEXXIOT ANNOUNCE AGREEMENT TO ACCELERATE RAILCAR TELEMATICS ADOPTION [Yahoo! Finance]
Greenbrier Companies, Inc. (The) (GBX)
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Source: Yahoo! Finance
CARY, N.C. and DALLAS March 7, 2024 /PRNewswire/ -- 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, today 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. The decision to select Nexxiot as a reseller partner was based on their successful participation in the RailPulse pilot program, in which their telematics solution
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