A system for determining a location of one or more assets, the system comprising: a location determining device coupled to a powered asset, the location determining device configured to detect a location and heading of the powered asset; one or more powered asset beacons secured to the powered asset, wherein the one or more powered asset beacons are configured to detect signals transmitted from an asset beacon secured to an asset while the asset beacon is positioned within a transmission range of a powered asset beacon of the one or more powered asset beacons; at least one camera contained in and/or associated with the powered asset beacon and having a known orientation and field of view relative to the powered asset beacon; and one or more computer processing components configured to: detect a signal emitted from the asset beacon secured to the asset; detect the asset within an image captured by the at least one camera; and determine a location of the asset based at least in part on the location and the heading of the powered asset, a signal strength of the signal emitted from the asset beacon, and the known orientation and field of view of the at least one camera, wherein the powered asset beacons define a communication area within the powered asset in which the asset beacon can communicate with one or more of the powered asset beacons, wherein upon establishing a wireless communication connection with a threshold number of powered asset beacons associated with a single powered asset, the powered asset beacon is arranged to operate in an advertising mode, wherein said powered asset beacon is arranged to transmit one or more advertising signals regularly, periodically and/or continuously, the one or more advertising signals including one or more unique identifiers and received signal strength indicator. a location determining device coupled to a powered asset, the location determining device configured to detect a location and heading of the powered asset; one or more powered asset beacons secured to the powered asset, wherein the one or more powered asset beacons are configured to detect signals transmitted from an asset beacon secured to an asset while the asset beacon is positioned within a transmission range of a powered asset beacon of the one or more powered asset beacons; at least one camera contained in and/or associated with the powered asset beacon and having a known orientation and field of view relative to the powered asset beacon; and one or more computer processing components configured to: detect a signal emitted from the asset beacon secured to the asset; detect the asset within an image captured by the at least one camera; and determine a location of the asset based at least in part on the location and the heading of the powered asset, a signal strength of the signal emitted from the asset beacon, and the known orientation and field of view of the at least one camera, wherein the powered asset beacons define a communication area within the powered asset in which the asset beacon can communicate with one or more of the powered asset beacons, wherein upon establishing a wireless communication connection with a threshold number of powered asset beacons associated with a single powered asset, the powered asset beacon is arranged to operate in an advertising mode, wherein said powered asset beacon is arranged to transmit one or more advertising signals regularly, periodically and/or continuously, the one or more advertising signals including one or more unique identifiers and received signal strength indicator. detect a signal emitted from the asset beacon secured to the asset; detect the asset within an image captured by the at least one camera; and determine a location of the asset based at least in part on the location and the heading of the powered asset, a signal strength of the signal emitted from the asset beacon, and the known orientation and field of view of the at least one camera, wherein the powered asset beacons define a communication area within the powered asset in which the asset beacon can communicate with one or more of the powered asset beacons, wherein upon establishing a wireless communication connection with a threshold number of powered asset beacons associated with a single powered asset, the powered asset beacon is arranged to operate in an advertising mode, wherein said powered asset beacon is arranged to transmit one or more advertising signals regularly, periodically and/or continuously, the one or more advertising signals including one or more unique identifiers and received signal strength indicator.