18 July 2023
Freight News

Use of ‘Smart’ Containers Speeds Up as More Ocean Carriers Get Onboard

Updating a previous estimate, Drewry now says that by 2027, almost one-third of all containers will be equipped with telematics hardware.

A container becomes “smart” with the addition of a telematics device, enabling real-time tracking and monitoring, which boosts operational efficiency, equipment availability and supply chain control.

Last year, Drewry reckoned 25% of containers would be equipped with a tracking and telemetry device by 2026. However, by the end of last year, the number of telematic containers had shot up, by 57%, to 5.6% of boxes globally.

Prevalent in reefer trades, but with historically few examples on dry containers, this number will increase six-fold over the next five years, Drewry now says, to more than 10 million.

Read more in an article from The Loadstar

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