Reusable Packaging News
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growth potential of Loscam and their trust in the management team. The company’s daily operations will remain unchanged and will be supported by the new board of directors. The management of Loscam are excited with the new ownership structure and the experience, diversity and extensive financial management knowledge they bring to Loscam. These along with the extensive resources in both domestic and global regions will be key to allowing Loscam to further capitalize and expand on its footprint and services.
Mr. Yichen ZHANG, Chairman and CEO of CITIC Capital Holdings Ltd., Mr. Frank TANG, Chairman and CEO of FountainVest Partners, Mr. Sirin LIMPAITOON, President of China Merchants Loscam, and other leaders attended the ceremony.
Polymer Logistics and Sequans Collaborate on LTE-M Smart IoT Pallet Tracker
Sequans Communications S.A. leading LTE for IoT chipmaker, and Polymer Logistics, a global leading provider of “One-Touch / Retail Ready” Packaging (RRP) and pooling services solutions to retailers, have announced the availability of the Polymer Logistics Smart IoT Tracker.
According to a release, it is now approved for use on the LTE-M network of Verizon Wireless, and pending approval by other operators. The Smart IoT Tracker is tailored for use on Polymer’s
“The Polymer Logistics Smart IoT Tracker is indeed a very smart device,” said Danny Kedar, VP of Sequans’ IoT business unit. “It is designed with careful attention to the needs of pallet-tracking applications, such as temperature and location monitoring. According to industry analysts, the addressable market for the mobile tracking of pallets numbers in the billions of units, representing a very real opportunity, and we are pleased to work with Polymer Logistics in getting this excellent pallet tracker to market.”
The Polymer Logistics Smart IoT Tracker is designed for the tracking and monitoring of logistical assets and is tailored specifically to fit onto Polymer Logistics’ CleanPal pallets. In addition to the LTE-M connectivity provided by Sequans’ Monarch platform, the device includes a temperature sensor, an accelerometer, and network-based geolocation. The Smart IoT Tracker fits securely between the standard slats of a pallet without any overhang so that forklifts cannot damage it. It uses standard AA batteries, eliminating the fire risk of lithium-ion batteries. The Smart IoT Tracker is in an IP66 enclosure, making it safe from extreme weather conditions, powerful seas, or jets of water. It does not have to be removed from pallets prior to washing.
“We chose Sequans’ Monarch Platform for the LTE connectivity for our new Smart IoT Tracker, because Monarch is one of the most mature, reliable, and power-efficient LTE-M connectivity solutions in the industry,” said Ohad Perry, CTO, Polymer Logistics. “Sequans also made it easy for us to bring this product to market because their total solution approach to IoT includes not just the hardware, but also the necessary software to reduce the complexity of IoT device development.”