CIMC IT & TRAXENS cooperate to establish a global open container monitoring market standard

CIMC IT and TRAXENS have agreed to create a global open container monitoring market standard.

The two companies will share resources and cooperate to work on establishing a market standard and promoting smart containers. They will continue to compete with their own smart container devices, network infrastructure and data platform, however smart containers from TRAXENS will operate on ships equipped by CIMC IT, and vice versa, via a common low power consumption mesh radio network.

“We are very proud to be working with the excellent people at CIMC IT” said Michel Fallah, Founder and CEO of TRAXENS. “They have been doing pioneering work in container monitoring for many years”.

“We are looking forward to working with Asian shipping lines and to extending the momentum already established in Europe by CMA CGM and MSC” added Likun Shi, Vice GM of CIMC IT.

An alliance will be formed by mid-2017 uniting all partners using the smart container technology. The alliance and the technology will be named by its members to better represent its open and shared nature. CIMC will also be integrating TRAXENS-BOX devices into newly manufactured containers for CMA CGM and MSC.