#United States #Telematics #Cary, North Carolina #TTX Company #RailPulse

TTX Company Joins RailPulse Coalition

In a significant development for the rail industry, TTX Company, known for its railcar pooling solutions, has officially joined the RailPulse Coalition. This coalition represents a collaborative effort among various stakeholders aiming to enhance rail visibility, safety, and efficiency through the adoption of innovative telematics and standardized data practices. TTX's involvement is expected to bring valuable operational expertise and management capabilities, bolstering the coalition's mission.

Marty Thomas, Executive Vice President at TTX, expressed gratitude towards supporters of the company's coalition membership. He stated, “Joining RailPulse underscores our dedication to driving innovation and ensures the long-term strength of the freight rail industry. We envision a future where real-time data enhances everything from maintenance operations to the customer experience and we're proud to help lead that evolution in collaboration with RailPulse.” This sentiment reflects TTX's commitment to not only improving their operational functions but also enhancing customer service through advanced technologies.

RailPulse was established to promote the use of GPS and sensor technologies on railcars. The coalition's objective is to provide near real-time data via a common platform that promises to create a more responsive, transparent, and data-driven freight rail network. The inclusion of TTX marks an important chapter in this endeavor, as the company is a major provider in the shared railcar market across North America.

Since the inception of RailPulse, the adoption of telematics-equipped railcars in North America has more than doubled. This rapid growth highlights the industry's shift towards digital transformation and the increasing demand for improved data capabilities. By adding TTX to the mix, RailPulse is now able to gather data from the majority of telematics-enabled railcars, significantly advancing their goal of comprehensive industry-wide connectivity.

David Shannon, General Manager of RailPulse, noted that the union of TTX’s shared fleet model with RailPulse's telematics platform could redefine operational dynamics within the sector. He remarked, “Together, we can align operational scale with data intelligence, accelerating our vision of a modernized, customer-centric rail network that is safer, more efficient, and competitive.”

Key Objectives of TTX's Participation

The addition of TTX to the RailPulse Coalition aims to achieve several essential goals:
1. Improved Customer Experience: With enhanced visibility into railcar location, condition, and performance, both railroads and shippers can access more reliable estimated arrival times (ETAs), bolster service transparency, and derive actionable supply chain insights.
2. Standardized, Open Data: RailPulse’s neutral platform ensures that data utilized across the industry is consistent and of high quality. This aligns with TTX's goals of promoting shared infrastructure and collaborative efficiency.
3. Smarter Asset Deployment: Through real-time GPS and sensor data, TTX will be able to optimize car distribution and fleet allocation, drastically reducing empty mileage, dwell times, and repositioning costs, ultimately benefiting operational efficiency.
4. Predictive Maintenance at Scale: By transitioning from scheduled to condition-based maintenance models, TTX expects to enhance car availability, extend the lifespan of assets, and minimize service interruptions. This shift will provide advantages to all railroads and customers utilizing their fleet.

About TTX Company

Founded in 1955, TTX Company, initially known as Trailer Train, has transformed into a leader in railcar pooling services across North America. With a robust fleet of over 177,000 railcars, TTX efficiently supports not only railroads but also the broader transportation needs of global freight. The company has invested a staggering $6 billion in expanding its fleet over the past decade. With a comprehensive engineering team dedicated to maintaining the fleet and advanced technology solutions, TTX continues to innovate within the railcar industry. For more details, visit TTX's official website.

Conclusion

The partnership between TTX and the RailPulse Coalition marks a pivotal moment in modernizing the rail industry. As TTX contributes its wealth of experience and operational capabilities, the coalition moves closer to realizing its vision of a more efficient, transparent, and technologically advanced rail network that caters to the evolving needs of its stakeholders. This collaboration not only heralds a new era of rail transport but also underscores the importance of innovation and collaboration in maintaining competitiveness in the industry.