GPS Trackit, a provider of video, fleet, and asset tracking systems, has announced it has launched the GL500MG – a universal trailer management solution.

Theft of cargo, and the trailers transporting it, has spiked during the COVID-19 pandemic, according to cargo recovery service CargoNet. Equipment theft is also a serious problem – up to $1 billion worth of construction and farm equipment is stolen each year, according to the National Insurance Crime Bureau. Only 10-15% of stolen equipment is ever recovered, according to International Risk Management Institute.

GPS Trackit's GL500MG protects unpowered assets including construction equipment, freight trailers, flatbed trailers, freight containers, generators, tool storage boxes, and recreational equipment.

The device's powerful features, 5-year onboard battery, and durable housing help construction companies, carriers, and trucking companies locate and control their trailers around the clock.

Product highlights include:

• Durable, waterproof shell

• User update button immediately shares GPS coordinates

• Geofences provide alerts when asset leaves pre-set area

• Lithium batteries last five years

• Flexible mounting options

• Wake up on motion

• Tamper detecting magnet