Duos Technologies Group reports Duos RIP scans over 8.5M railcars in 2023

Duos Technologies Group has reported that in 2023 the Company’s Railcar Inspection Portal technology performed more than eight and a half million comprehensive railcar scans, on over 665,000 unique railcars. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 40% of the total freight car population in North America. Duos recently formalized a long-term partnership with a major Class 1 railroad to proactively develop critical AI solutions to streamline detection of mechanical railcar defects as its equipment traverses North America. The recently awarded long-term contract covers implementation, development and support services of AI on a recurring revenue basis.