The present invention provides a smart monitoring system incorporating various forms of hardware used to secure the tie-down straps of ULDs, pallets, or shipping containers. More specifically, the present invention provides a smart electronically enhanced strap for a container monitoring and security device which is integrated into the housing of the hardware of a tie down strap webbing. Using this system, discrete sensors housed in the ratcheting mechanism, the hook, the winch or the load bar that are attached to latching straps are able to actively monitor a securely loaded ULD, pallet or container.