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IQAX Ltd., an innovative developer of technology solutions for shipping and logistics based in Hong Kong, has announced an investment into BoxPlus Information Technology Company Ltd., a provider of Internet of Things (IoT) solutions. This investment is part of an effort to support the fast-growing reefer market with IBOX Reefer, a combination of IQAX’s software capabilities and IoT devices and sensors developed by BoxPlus. IBOX Reefer ensures the optimal condition of reefer cargo throughout its journey, helping carriers cut operational costs and optimize resources, giving them increased visibility over the status of reefer cargo and boosting customer satisfaction.
