Thermo King Joins Road Ready’s LogIQ Smart Partner Network
24 Oktober 2022 - 4:10PM
Business Wire
Integration enables Road Ready to provide cold
chain solutions as exponential market grows
Road Ready, the leader in advanced telematics and smart fleet
solutions from Clarience Technologies, today announced Thermo King
is joining its LogIQ smart partner network, expanding the brand’s
connectivity solutions to now include cold chain technology. The
integration, which is expected to be widely available in mid 2023,
enables Road Ready to provide cold chain solutions via Thermo
King’s TracKing® platform — underscoring the current exponential
growth of cold chain transportation that’s expected to continue
well into the future.
“The unprecedented and growing demand for cold chain
transportation has led to all-time high rates on refrigerated
transporters and incorporating this data for Road Ready customers
is critical to the optimize efficiency of refrigerated fleet
operations — both now and in the future,” said Nada Jiddou,
Executive Vice President of Clarience Technologies and General
Manager of Road Ready. “Thermo King is a leader in cold chain
solutions and we are happy to have them join our LogIQ smart
partner network.”
Trends in Cold Chain Transportation Predict Explosive
Growth
Spurred by the global need to distribute COVID-19 vaccines in
mass quantities at chilled temperatures, the cold chain
transportation industry is red hot and is not expected to cool down
anytime soon. Experts predict the cold chain transportation market
will grow at a compound annual growth rate (CAGR) of more than 14
percent by 2030 as pharmaceutical and pre-prepared food trends
continue.
Road Ready’s agreement with Thermo King enables fleet visibility
into key elements of proper cold chain cargo management that will
only become more critical for refrigerated units as demand grows —
such as active and ambient temperature and return air control.
Moreover, due to the high-value of many cold-chain cargo loads,
and refrigerated units themselves, Road Ready users can now track
vehicle IDs and alarm codes for TracKing equipment located in the
United States, Canada and Mexico.
Ability to Monitor and Control Cold Chain Assets
The most unique and innovative portion of Thermo King’s
integration with Road Ready is the ability for two-way control,
which allows refrigerated transportation customers to go beyond
monitoring-level information. They have the ability to adjust the
temperature levels remotely via the Road Ready platform.
“The growth we are seeing from our customers in the cold chain
sector is of course, food — but it’s also new revenue streams like
vaccines and other health related tech,” said Dominic Hand, Vice
President, Information Technology and Connected Products for Thermo
King Americas. “When dealing with this type of cargo, it is much
more critical to maintain consistent temperatures. Two-way commands
via Thermo King’s TracKing platform bring more assurance that our
customers can successfully and safely deliver this cargo.”
The Power of LogIQ
First launched in 2021, the LogIQ network brings together 11
industry leading partners — to incorporate data from every part of
trailers — from tires and brakes to cargo and weight
management.
“A common concern we hear from fleets is that there is too much
data and too many platforms,” said Jiddou. “LogIQ alleviates that
concern for fleets by acting as a universal language decoder for
data generated by smart trailer components, and then helps fleets
drive smart decision making by aggregating all that data in one
place.”
The LogIQ network includes the following companies:
- Air-Weigh
- ConMet Digital
- Continental
- Hendrickson
- Hyundai Translead
- Meritor
- Pressure Systems International (P.S.I.)
- Right Weigh, Inc.
- SAF Holland
- SKF
- Stemco
Now, Thermo King joins the fold.
“Joining the LogIQ network further expands the data-centric
experience we have been committed to providing our refrigerated
unit portfolio for nearly two decades,” said Hand. “Our priority is
to provide customers with critical data, when and where they need
it. Now, refrigerated fleets can use our data, coupled with
supplementary data from the LogIQ network, to unlock new levels of
uptime and efficiency.”
About Road Ready
Road Ready, a Clarience Technologies brand, is a vertically
integrated advanced telematics and smart fleet solutions SaaS
provider based in Southfield, Michigan. Road Ready offers custom
telematics solutions to help fleets manage, optimize, and maximize
their assets. Coupled with an expansive network of premier
integration partners, customers can do more through a single
interface, Road Ready continues to implement groundbreaking
research and development to make impactful contributions to the
transportation industry.
About Thermo King
Thermo King – by Trane Technologies (NYSE: TT), a global climate
innovator – is a worldwide leader in sustainable transport
temperature control solutions. Thermo King has been providing
transport temperature control solutions for a variety of
applications, including trailers, truck bodies, buses, air,
shipboard containers and railway cars since 1938. For more
information, visit thermoking.com or tranetechnologies.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221024005675/en/
Media: Gabrielle Wiles Clarience Technologies
gwiles@clariencetechnologies.com 248.846.8237
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