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5/12/2009
Rail News: Rail Industry Trends
Amsted Rail's IONX acquires RFTrax's rail monitoring operation
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Amsted Rail’s IONX telematics technology unit recently acquired the rail monitoring operation of RFTrax, a wholly owned Fairfield Industries Inc. subsidiary.
The acquisition of RFTrax’s rail monitoring operation and Asset Management Platform complements the IONX Edge™ satellite and satellite/cellular (dual-mode) asset monitoring product line by providing a cellular-only solution, Amsted Rail officials said in a prepared statement.
Amsted Rail plans to integrate RFTrax’s systems into IONX's product line. The integration will position IONX as one of the only asset tracking and monitoring companies to offer a wide range of communication devices and sensors specifically designed for the harsh rail environment, according to Amsted Rail.
The acquisition of RFTrax’s rail monitoring operation and Asset Management Platform complements the IONX Edge™ satellite and satellite/cellular (dual-mode) asset monitoring product line by providing a cellular-only solution, Amsted Rail officials said in a prepared statement.
Amsted Rail plans to integrate RFTrax’s systems into IONX's product line. The integration will position IONX as one of the only asset tracking and monitoring companies to offer a wide range of communication devices and sensors specifically designed for the harsh rail environment, according to Amsted Rail.
