In the terms of the agreement, Hapag-Lloyd has contracted with Par LMS to install their technology on Hapag-Lloyd's entire fleet of 2,320 North American generator sets.

A genset (short for "generator set") is a self-contained and dedicated electrical generation system, which is mounted on a refrigerated container for the purpose of maintaining temperature throughout the logistics cycle.

In North America, steam ship lines and lease companies own, operate, and maintain roughly 100,000 of these types of assets.

Par's GT 200 solution combines cellular, satellite, sensor, and internet technologies to track, trace, monitor, and manage intermodal generator sets and the refrigerated containers they power.

"Par Logistics Management Systems was selected after a very thorough, end to end study of the market, the technologies and the benefits that they manifest to our North American businesses," commented Petra Rogall, Branch Manager for Containers in Hapag-Lloyd.

"Par LMS has proven to be the stable and innovative partner that Hapag-Lloyd desires to work with to improve our operations and services."

John W. Sammon III, President of Par Logistics Management Systems, stated, "Hapag-Lloyd is among the finest in the intermodal container shipping business and we are pleased to receive their generator set tracking business. We fully intend to work with Hapag-Lloyd for many years to come in building out their cold chain systems and solutions."

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