A tracking device comprises a flexible belt body configured to loop around a portion of a pallet, e.g., around a center stringer of a pallet. The flexible belt body has a first portion and a second portion configured to be connected. The tracking device further comprises a first region having one or more sensitive electronic components and a second region having one or more durable electronic components and/or electronic components that benefit from exposure during transportation. The tracking device is positioned on the portion of the pallet such that the first region is oriented towards an interior of the pallet and the second region is oriented towards an exterior of the pallet.