Abstract: In a system and method for monitoring location of a moveable asset transported by a vehicle an active RFID tag is mounted in association with the moveable asset and conveys a unique ID to a telematics unit installed in the vehicle when brought into communication range. The telematics unit determines and stored real-time location of the vehicle and the date and time when communication with the RFID tag is established. The telematics unit relays to a remote monitoring center the respective instantaneous location and time of the RFID tag only after the vehicle moves a distance that exceeds the communication range of the RFID tag without the need to install in each moveable asset an expensive telematics unit with associated monthly cellular costs, by taking the GPS location from the telematics unit installed on the vehicle.