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Method and apparatus for asset geofencing

  • US 8,593,276 B2
  • Filed: 02/01/2006
  • Issued: 11/26/2013
  • Est. Priority Date: 02/01/2006
  • Status: Active Grant
First Claim
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1. A method comprising:

  • with an asset tracking unit physically located with an asset;

    at least estimating a location and a rate of movement of the asset;

    dynamically determining that the asset is located at a site based, at least in part, on passage of a period of time during which the rate of movement of the assethas remained at or below a preset threshold; and

    in response to determining that the asset is located at the site, establishing a geofence for the asset with regard to the site, based, at least in part, on movement of the asset at the site during the period of time;

    wherein subsequently determining whether the asset is outside of the geofence comprises;

    determining that a subsequent at least estimated location of the asset is outside of the geofence; and

    determining that a subsequent at least estimated rate of movement of the asset exceeds a threshold rate of movement.

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