SAVI, ONESEAL TO DEVELOP ELECTRONIC BOLT SEAL

SAVI, ONESEAL TO DEVELOP ELECTRONIC BOLT SEAL    Savi Technology and OneSeal said they would jointly develop and market a low-cost electronic bolt seal that automatically transmits alerts over radio frequencies when lock mechanisms on cargo containers have been tampered.
   The new seal will combine capabilities from EchoPoint, Savi’s latest active radio frequency identification technology, with OneSeal’s design and manufacturing skills in producing high security locks.
   Savi said the new seal, which will be available in disposable or reusable models, will start at $20 apiece.
   Savi said that such technology will lend itself to recent government initiatives calling on tightening supply chain security, the Customs’ Container Security Initiative and Customs- Trade Partnership Against Terrorism, and the recently announced Smart and Secure Tradelanes Initiative.