Arrangement for monitoring an asset including an interior sensor system arranged on the asset to obtain information about contents in the interior of the asset, a location determining system arranged on the asset to monitor the location of the asset and a communication system arranged on the asset and coupled to the interior sensor system and the location determining system. The communication system operatively transmits the information about the contents in the interior of the asset and the location of the asset to a remote facility. The interior sensor system may include at least one wave transmitter arranged to transmit waves into the interior of the asset and at least one wave receiver arranged to receive waves from the interior of the asset. A processor may be provided to compare waves received by the wave receiver(s) at different times or analyze the waves received by the wave receiver(s).