Bunge, an agricultural company, has become the first shipper to join the RailPulse freight car telematics joint venture.
“By joining RailPulse as the first railcar-owning shipper, we are taking a proactive step toward driving positive change and digital transformation within the rail shipping industry,” Terry McDermott, director of supply chain – North American Rail at Bunge, said in a statement. “RailPulse’s open-architecture platform aligns with our vision of harnessing technology to improve operational efficiencies, optimize supply chain performance and ultimately better serve our customers.”
RailPulse was formed in 2020 as a coalition of forward-thinking railcar owners working together to increase safety, efficiency, and visibility in the rail industry by supporting the development and use of GPS and other telematics technologies.
RailPulse members include Norfolk Southern, Union Pacific, Genesee & Wyoming, Watco, Rail Development Corp., GATX, The Greenbrier Companies, and TrinityRail.
“While the rail industry has lagged behind other transportation sectors in terms of digitalization, RailPulse aims to transform this landscape,” RailPulse General Manager David Shannon said. “With Bunge on board as our inaugural railcar-owning shipper, we are poised to drive tangible improvements by leveraging advanced technology and fostering collaboration among industry players to ensure high quality service.”
