South Korea's Port of Busan to Use Savi Networks SaviTrak (TM) Real-Time Information Service for Cargo Security and Management
Mountain View, Calif., 01/25/2007 -- Savi Networks today announced that it has extended the SaviTrak™ real-time information service to key terminal locations at the Port of Busan, South Korea. As one of the highest-volume shipping hubs for the Asia Pacific region, the Port of Busan is the fourth largest trading partner with the United States by container volume.
“We see the business and security value of having more visibility to the flow of containerized cargo through our facilities with the SaviTrak information service,” said W.J. Choi, chief executive officer of Hutchison Korea Terminals, a member of the Hutchison Port Holdings Group. “With this RFID-based service, we can offer our customers qualified service and value in managing their shipments.”
Choi also mentioned that the Savi’s standards-based RFID products (ISO-18000-7) facilitate more flexible end-to-end visibility, value and security of RFID-tagged shipments transported throughout the global supply chain.
“The Port of Busan is an important link in our growing network throughout Asia, the Americas and Europe,” said Lani Fritts, chief operating officer of Savi Networks. “Our SaviTrak network installations enable shippers and government authorities to improve the security, reliability, and efficiency of containerized cargo moving worldwide.”
The SaviTrak information service is built on an open-technology network that captures data from all types of standards-based Automatic Identification and Data Collection (AIDC) devices, including bar codes, sensors, passive and active RFID and Global Positioning Satellite location systems. The information service generates real-time reports and exception-based alerts to each customer, including routes, missed shipments, or environmental conditions, and includes planning and analytics functions.
Savi Networks LLC provides shippers and their logistics providers with greater management control, efficiency and security in their global supply chains through SaviTrak™, a real-time information service that monitors the location and status of cargo container shipments and their contents. The company, which is a joint venture between Savi Technology, Inc., a Lockheed Martin company [NYSE: LMT], and Hutchison Port Holdings, the world’s leading port operator, partners with ports and terminal operators to extend its global network, which leverages standards-based Automatic Identification and Data Collection technologies. To learn more about Savi Networks, visit www.savinetworks.com.