Core Insights - ORBCOMM has partnered with Evergreen Line to equip its dry container fleet with smart container technology, marking a significant advancement in the maritime industry towards intelligent, connected units [1][2] Company Overview - ORBCOMM is a global leader in industrial IoT, with over 30 years of innovation and more than 2.4 million connected devices, providing visibility and efficiency to critical operations [4] Industry Trends - The maritime industry is experiencing a shift where dry containers are evolving from static assets to smart, connected units, driven by demand for real-time data and enhanced cargo protection [2][3] - Smart intermodal containers are becoming the new standard, moving beyond mere visibility to include cargo protection and container security [3] Technological Advancements - ORBCOMM's second-generation smart dry container technology includes new sensors for security and cargo integrity, enabling longer sea journeys and providing the lowest total cost of ownership (TCO) and highest return on investment (ROI) for shipping lines [3]